General Assessment

    Variable(2015)
    Data
    Main constraints in the development of the housing finance sector  
    New developments that will have a major impact on the sector 
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    Notes: As of Q2 2015.
    Notes: Barbados National Housing Corporation provides government subsidized housing loans for low-income borrowers.
    Notes: Barbados National Housing Corporation provides government subsidized housing loans for low-income borrowers.
    Notes: Barbados National Housing Corporation provides government subsidized housing loans for low-income borrowers.
    Notes: Barbados National Housing Corporation provides government subsidized housing loans for low-income borrowers.
    Notes: Barbados National Housing Corporation provides government subsidized housing loans for low-income borrowers.
    Notes: Barbados National Housing Corporation provides government subsidized housing loans for low-income borrowers.
    Notes: Barbados National Housing Corporation provides government subsidized housing loans for low-income borrowers.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Median value from leading commercial banks.
    Notes: No underwriting provisions in "credit risk management" section of bank supervision.
    Notes: No underwriting provisions in "credit risk management" section of bank supervision.
    Notes: No underwriting provisions in "credit risk management" section of bank supervision.
    Notes: No underwriting provisions in "credit risk management" section of bank supervision.
    Notes: The National Housing Corporation (NHC) primarily works to build housing projects in various regions of Barbados. They also offer more affordable mortgage options for citizens that qualify for this government housing. Outstanding loan balances by the NHC are negligible in size and are not reported by the central bank.
    Notes: This number reflects non-performing mortgage loans as a percentage of all mortgage loans for commercial banks, which issue the majority of mortgage loans in Barbados.
    Notes: This number reflects non-performing mortgage loans as a percentage of all mortgage loans for commercial banks, which issue the majority of mortgage loans in Barbados.
    Notes: This number reflects non-performing mortgage loans as a percentage of all mortgage loans for commercial banks, which issue the majority of mortgage loans in Barbados.
    Notes: This number reflects non-performing mortgage loans as a percentage of all mortgage loans for commercial banks, which issue the majority of mortgage loans in Barbados.
    Notes: Those with loans over 80% LTV need to pay for PMI (private mortgage insurance) for any mortgages from the NHC.
    Notes: Up to such value