Canadian Banks dominate the Caribbean Banking Sector

Blogger, Yves Engler, known for his bold enthusiasm for activism, writes an eyebrow raising article which warrants a reading.

Engler explores why and how Canadian banks have come to dominate the Caribbean banking sector, and how this has shaped some of the economies in the Region.

He also argues that the perception of certain Caribbean territories as “tax havens” may have been developed by international institutions during the budding stages of these economies.


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The Caribbean Association of Banks, Inc. is the representative body and recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.

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