Credit union members to receive deposit insurance protection
Finance
Legal
June 23, 2026
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Thousands of Barbadians who save through credit unions are expected to receive the same level of protection currently enjoyed by commercial bank customers.
Minister of Finance Ryan Straughn this morning tabled the legislation that is expected to bring credit unions under the umbrella of the Barbados Deposit Insurance Corporation.
He says the Protection of Depositors Bill, 2026, will strengthen confidence in the financial system and modernise the country’s deposit insurance framework.
Finance
Legal
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