Cleviston Haynes: A show of faith

Remarks by Mr Cleviston Haynes, Governor of the Central Bank of Barbados, at the Opening of the New Branch of Consolidated Finance, One Welches, 31 January 2019.

The views expressed in this speech are those of the speaker and not the view of the BIS.

I am delighted to celebrate with you, the launch of this new corporate branch in the growing Welches business district. Firstly, I would like to extend congratulations to the Head of the branch, Mr. Darrell Wilson, an experienced financial services professional, and his staff, as they set out on this exciting journey, anxiously looking forward to seizing the available opportunities and overcoming the inevitable challenges that lie ahead. I have no doubt that the depth of experience and understanding of the Barbadian financial landscape that you bring will augur well for the success of this new branch, as you seek to expand Consolidated Finance's foothold in the corporate and commercial lending market.

Consolidated Finance is now a household name with a long history in Barbados, having been established as a wholly-owned subsidiary of the McEnearney Alston (Barbados) Group. The company has built an excellent reputation, expanding its range of financial products and services ranging from vehicle leasing arrangements to offering fixed deposits, real estate financing, merchant banking and foreign exchange trading.