ECCB 2025-2026 Annual Report

EASTERN CARIBBEAN CENTRAL BANK ANNUAL REPORT 2025 - 2026

Areas of Focus: 2026-2027

; Expanded access to credit for individuals and businesses; and ; Stronger financial stability across the ECCU. Additionally, to increasing participation, the Bank will prioritise enhancing the quality, completeness, and reliability of credit data, including the integration and use of information from designated Credit Information Providers (CIPs). This will allow for more comprehensive credit profiles, particularly for individuals and micro, small and medium-sized enterprises (MSMEs) with limited traditional credit histories. The Bank will also support the increased use of the Credit Bureau by financial institutions, encouraging its integration into day-to-day credit decision making processes. This will help ensure that the system moves beyond availability to active usage, maximising its impact on the financial sector. Further, efforts will be made to promote consumer awareness and engagement, including access to credit reports and tools that allow individuals to better understand and manage their credit standing. Presently, consumers can request their credit reports via email at eccu.customerservice@everydata.com. This will be enhanced by the introduction of a mobile application, expected after the second quarter of 2026, which will provide easier and more direct access to credit information. This will support more responsible financial behaviour and greater transparency within the credit market. Through these combined efforts, the Bank will work with the necessary stakeholders to establish a fully functional and widely utilised Credit Bureau system that enhances trust, improves access to financing, and supports inclusive economic growth

across the ECCU.

Enhancement of Monetary and Financial Statistics The Bank will enhance the Monetary Statistics to include data on the IMF Special Drawing Rights (SDRs). This is aimed at ensuring consistency with External Sector Statistics. The Bank will also continue providing support to its Licensed Financial Institutions (LFIs) in achieving compliance with international data classification standards, by conducting data quality assurance missions. The Bank will complete its implementation of the IMF Financial Soundness Indicators (FSI) 2019 Guide as well as the expansion of the monetary and financial statistics to include Non-Bank Financial Intermediaries. This broadened coverage is aimed at enhancing the ECCB’s monitoring of the financial sector in the member countries. Strengthening the Regulatory and Supervisory Framework Basel II/III Implementation: The Bank will continue to enhance the Supervisory framework including dialogue with banks on their ICAAPs and the implementation of Pillar 3, to bolster the LFIs’ disclosure of their capital position and risk management function. The way forward includes: conducting Basel Compliance Reviews at two (2) additional banks; completion of feedback and dialogue with banks by quarter one (1) of 2027; and commencing the implementation of Pillar 3. Integrating Climate-related Financial Risks in the Regulation and Supervision Activities of Regulators in the ECCU: The integration of climate related risks into the monitoring of financial stability and microprudential supervision will continue. Activities will include ongoing data collection,

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