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Tag Archives: grading

  1. ICBL’s Financial Strength Rating Affirmed: ‘A- Excellent’ Maintained

    ICBL‘s financial strength continues to be sound, as indicated by the latest evaluation by rating agency A.M. Best. A.M. Best has affirmed that Barbados’ leading General Insurance Company and fastest growing Life Insurance provider, maintained its A- (Excellent) rating, citing ICBL‘s strong risk-adjusted capitalisation, low underwriting leverage and solid performance. The news was announced by […]

    September 9, 2015BusinessNo comments
  2. Budget 2015 gets Failing Grade from Congress of Trade Unions & Staff Associations of Barbados (CTUSAB)

    CTUSAB is disappointed at the fact that the Budget failed to adequately address the all important issue of the recovery and growth of the Barbadian economy. The records will show that the Congress has been consistent in its repeated calls for this to be actioned as a matter of priority by the government. It is […]

    June 19, 2015BusinessNo comments
  3. Standard & Poor’s improves DR credit rating

    According to Santo Domingo’s government, Standard and Poor‘s risk assessment agency has raised the Dominican Republic’s long-term sovereign credit rating. During a press conference today, Thursday 21 May 2015, Presidency spokesman Roberto Rodriguez Marchena said that the rating was improved to BB- from B+. Standard & Poor remarks: “In our opinion, the Dominican Republic has a […]

    May 21, 2015BusinessNo comments
  4. Standard and Poor’s affirms CDB’s AA/ A-1+ ratings: Barbados needs to learn what CDB did right

    Leading rating agency, Standard and Poor’s has affirmed the Caribbean Development Bank’s ‘AA/A-1+‘ credit ratings as well as its financial outlook at stable. “We are affirming our ‘AA/A-1+‘ long- and short-term issuer credit ratings on CDB. The stable outlook reflects our view that CDB will retain its high capital adequacy and sufficient liquidity, and that […]

    May 20, 2015BusinessNo comments
  5. Penny for whose Thoughts? Not even a Quarter? No Media roundup for Central Bank of Barbados yet again!

    It is now clear that Paul indeed pays for all, in regards to the spat earlier this year between the Nation newspaper and the Central Bank of Barbados… For the second quarterly review in a row, the once usual media gathering has been set aside without any explanation? You’ll recall shortly after  Roy Morris resumed […]

    October 14, 2014Editorial, PoliticalNo comments
  6. SXM Airport gets good Moody’s Report & IMF Delegation delivers Good News

    Managing Director of the Princess Juliana International Airport, SXM gave a presentation to a visiting delegation of the International Monetary Fund (IMF) recently, which was well received. The eight-member delegation, led by Mr. Menno Snel, Executive Director of the IMF Executive Board, had earlier been given a tour of the terminal building. The presentation included […]

    June 9, 2014Business, TravelNo comments
  7. Barbados Chamber of Commerce and Industry’s new President Responds to Moody’s latest Downgrade

    Moody’s downgrade of Barbados’ government bond rating to B3 from Ba3 with the outlook remaining negative comes as no surprise to the business community. It certainly gives cause for even greater concern since the Barbados Chamber of Commerce and Industry (BCCI) has noted that there has been no improvement in the economic fundamentals of the […]

    June 5, 2014BusinessNo comments
  8. Caribbean Development Bank returns to “Stable” Outlook with S&P Review

    The Caribbean Development Bank (CDB) welcomes Standard and Poor’s revision of its outlook from “negative” to “stable” and affirmation of its “AA/A-1+” status on long and short term foreign currency ratings. Following review of CDB’s 2013 results, S&P made the announcement Friday, May 16 stating that factors which contributed to the shift to “stable” include: […]

    May 22, 2014BusinessNo comments
  9. Moody’s downgrades Bermuda’s rating to A1

    Bermuda’s Minister of Finance E.T. Richards JP, MP advised how Moody’s Investors Service has downgraded Bermuda’s rating to A1 from Aa3 and changed the outlook to stable from negative. “One of the key drivers stated as the reason for the downgrade is the persistent economic recession,” explained Minister Richards. “We are pleased, however, that Moody’s […]

    May 21, 2014BusinessNo comments
  10. Former Jamaican Leader to serve as Honorary Distinguished Fellow, UWI

    Former Prime Minister of Jamaica, Bruce Golding, is to serve as an Honorary Distinguished Fellow at The University of the West Indies (UWI), effective February 1, 2014. The 5-year non-salaried appointment will afford Mr Golding an opportunity to undertake empirical research and to offer recommendations with emphasis on public administration and economic development. He is […]

    February 5, 2014EducationNo comments
  11. Undergraduate students across UWI to be assessed with new Grade Point Average (GPA) scheme, as of 2014/2015

    Under the new GPA scheme, the overall manner in which assessments are conducted and grades represented for undergraduate student transcripts will be revised. All new and continuing students across all The University’s campuses will be assessed and graded in a manner which is more transparent and in line with international GPA standards. This announcement, made […]

    September 12, 2013EducationNo comments