Thursday 23rd June , 2005


Republic participates in CCMS seminar

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Nigel Baptiste, executive director, Republic Bank.

Republic Bank recently took part in the Caribbean Centre for Monetary Studies Ninth Annual Senior Level Policy Seminar, held on last month at the Hilton Trinidad and Conference Centre, St Ann’s.

The bank’s executive director Nigel Baptiste, CCMS executive director Clement Jackson, Central Bank Governor Ewart Williams and Conrad Enill, minister in the Ministry of Finance, were among those in attendance.

The objective of the seminar was to provide a forum for senior Caricom policy makers from both the private and public sectors to deliberate on and exchange views regarding policy choices and operational issues impinging on development within the region, regarding economics, money, banking and financial services.

This year’s seminar covered a number of sub-themes, such as economic and financial structure, economic cycles and liquidity dynamics, new directions in liquidity management and business opportunity and liquidity management.

On the seminar’s opening day, Baptiste delivered a presentation entitled The Liquidity Management Challenges Faced by Financial Institutions in Boom and Bust Conditions: The T&T Experience.

He noted that over the last 35 years the economic history of T&T “has been characterised by three distinct phases, consisting of economic growth and recession followed by a return to growth”, which can also be referred to as the boom and bust phases.

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