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SigniaGlobe Financial Group Inc is reporting an increase in the institution’s credit growth rate and a steady reduction in payment delinquency as economic activity continues to return to the island.Chief Executive Officer (CEO) of the non-bank financial institution Paul Ashby told Barbados TODAY that even though he was unable to provide detailed figures, the company has seen between 50 to 100 per cent increase in activity, a bounce back from several months of shutdown as a result of the COVID-19 pandemic.He indicated that in the first quarter of 2021 the company recorded losses because there was no major activity in the economy.A significant number of people are accessing financial assistance to purchase vehicles and to pursue alternative energy projects, said.“Coming out of 2021 as people started to get back to work and the tourism industry reopened, restaurants were opening and people were actually coming to the country. There was a lot more confidence in the economy and people s ....
The COVID-19 pandemic has shown that Barbadian employees are not just interested in a pay cheque but want more opportunities to develop their careers. Caribbean Catalyst Inc. managing director Rosalind Jackson said that was one of her main takeaways from this year’s Barbados’ Best Employers (BBE) programme, an initiative which shines the spotlight on the best employment practices in Barbados and helps companies achieve continuous improvement. Jackson was speaking as … ....