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The Cen­tral Bank of Trinidad and To­ba­go held a stake­hold­er meet­ing with the Bankers’ As­so­ci­a­tion of Trinidad and To­ba­go (BATT) on Mon­day led by Gov­er­nor Lar­ry Howai. The ses­sion marked part of a se­ries of en­gage­ments fol­low­ing Gov­er­nor Howai’s re­cent ap­point­ment.

Howai un­der­scored the im­por­tance of con­tin­ued col­lab­o­ra­tion be­tween the Cen­tral Bank and BATT in ad­dress­ing fi­nan­cial sec­tor mat­ters. He re­it­er­at­ed the Bank’s com­mit­ment to part­ner­ing with the bank­ing in­dus­try to de­vel­op so­lu­tions in the in­ter­est of na­tion­al fi­nan­cial sta­bil­i­ty.

Dis­cus­sions ad­dressed the state of the econ­o­my, fi­nan­cial sys­tem liq­uid­i­ty, for­eign ex­change sup­ply and de­mand, and up­dates on Know Your Cus­tomer (KYC) re­quire­ments. Gov­er­nor Howai iden­ti­fied res­o­lu­tion of for­eign ex­change im­bal­ances as a key fo­cus, stat­ing that equi­lib­ri­um be­tween de­mand and sup­ply re­mains a long-term ob­jec­tive. The banks pre­sent­ed rec­om­men­da­tions to im­prove ac­cess for con­sumers, which the Gov­er­nor com­mit­ted to re­view­ing.