DeLisle Worrell: Our financial system – fit for purpose? Address by Dr DeLisle Worrell, Governor of the Central Bank of Barbados, to the Barbados Association of Insurance and Financial Advisors, Bridgetown, 26 April 2013. *  *  *  How well does our financial system suit Barbados’ needs?
In my address this morning I will examine how the system serves the needs of households and of businesses, and attempt to identify any gaps that should be attended to. I begin by discussing financial services for households. The main items of household credit are mortgages, and the financing of consumer durables.