![BETTER BANKRUPTCY [13TH NOVEMBER 2025] - Non-performing loans in Saint Lucia have climbed to 14.48 percent of total gross loans, nearly three times the Eastern Caribbean Central Bank’s acceptable threshold of 5 percent, according to the World Bank. To address the growing financial risk, the government has enacted the Insolvency Act and officially launched the Office of the Supervisor of Insolvency at a ceremony on Wednesday. Shyne Savory reports.](https://www.replay.gp/wp-content/plugins/youtube-feed-pro/img/placeholder.png)
ST LUCIA FIRST TO ALLOW SERIOUSLY ILL BORROWERS TO POSTPONE BANKRUPTCY
BETTER BANKRUPTCY [13TH NOVEMBER 2025] – Non-performing loans in Saint Lucia have climbed to 14.48 percent of total gross loans, nearly three times the Eastern Caribbean Central Bank’s acceptable threshold of 5 percent, according to the World Bank. To address the growing financial risk, the government has enacted the Insolvency Act and officially launched the Office of the Supervisor of Insolvency at a ceremony on Wednesday. Shyne Savory reports.
