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Private sector loan arrears up nearly ten percent Sharpest increase was in the consumer loan segment, which grew by $50.7 million The Central Bank of The Bahamas. Private sector loan arrears grew nearly ten percent between July and September, which the Central Bank of The Bahamas (CBOB) indicated signals the conclusion of some COVID-19 loan deferral programs. Those loan arrears grew by $61.4 million or 9.7 percent, pushing the ratio of arrears to loans in that category up more than a percentage point. Still, the Central Bank stated that private sector loan arrears are still down seven percent compared to the same period last year.

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