Bring back our national bank – Abed

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Gabriel AbedAmidst increasing calls for the privatization of state assets, one Barbadian businessman is calling for the reverse in banking. Entrepreneur Gabriel Abed wants to see the reintroduction of an indigenous bank as an answer to the threat of the loss of international correspondent banks, and to satisfy a number of growing local financial needs. In […]

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Bring back our national bank - Abed - Barbados Today

Barbados TodayBring back our national bank - AbedBarbados TodayIn 2003, the then Owen Arthur-led Barbados Labour Party sold 57 per cent of its interest in the then Barbados National Bank (BNB) to Republic Bank of Trinidad. By 2012 Republic had accumula...