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HomeNewsTOO MANY RESTRICTIONS IN BANKING SYSTEM, FINANCIAL INSTITUTIONS IMPLORED TO CREATE ENVIRONMENT...

TOO MANY RESTRICTIONS IN BANKING SYSTEM, FINANCIAL INSTITUTIONS IMPLORED TO CREATE ENVIRONMENT WHERE CITIZENS CAN BENEFIT

Senior Minister with Responsibility for Finance, Dr. Ashni Singh, has called on the local banking sector to develop more inclusive avenues for all citizens to easily and formally access financial services. Speaking on the ongoing challenges, Dr. Singh emphasized that excessive restrictions continue to hinder many individuals from fully participating in the financial system, limiting economic growth and opportunity.

Antonio Dey provides further insights into the Minister’s remarks and the potential steps banks could take to address these barriers.

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