With little effort one could create large credit volumes whereas creating similar volumes in the priority sector would have required commitment of larger resources in terms of branch staff and operating people. 4. There is another dimension to why focusing on smaller loans would become all the more necessary now and that is the regulatory aspect.
Ewart S Williams: Money laundering and terrorist financing Opening remarks by Mr Ewart S Williams, Governor of the Central Bank of Trinidad and Tobago, at the AML-CFT PROGRAMME, hosted by the Toronto Centre, the World Bank and the Central Bank of Trinidad and Tobago, Port-of-Spain, 2 June 2008.