BIS central bankers’ speeches  3  As part of the ECCB’s mandate to facilitate the balanced growth and development of its member states, the Bank piloted the Entrepreneurship Module of its Savings and Investment Course in St Kitts and Nevis.
Regarding the mortgage component of private sector credit, it can be expected that the slowdown in house price increases and, in time, a reduction in housing volume to more sustainable levels should also lead to a slowdown in mortgage credit growth. However, we will remain concerned until we see some evidence of such a slowdown.