No. Credit Unions
31 December 2024
25
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Phone: +1 (246) 421 2142
Email: a:6:{i:0;s:15:"info@fsc.gov.bb";i:1;s:23:"creditunions@fsc.gov.bb";i:2;s:20:"insurance@fsc.gov.bb";i:3;s:19:"pensions@fsc.gov.bb";i:4;s:21:"securities@fsc.gov.bb";i:5;s:33:"registration.licensing@fsc.gov.bb";}
Fax: +1 (246) 421 2146
2,088.88
Total Loans ($BBD Millions)
31 December 2024
3,265.89
Total Assets ($BBD Millions)
31 December 2024
2,819.57
Total Member Savings ($BBD Millions)
31 December 2024
175
Total Class 1 Licensees
31 December 2024
112
Total Class 2 Licensees
31 December 2024
20
Class 2 Licensees w/ direct exposure to Barbadian Public
31 December 2024
766
Total Class 3 Licensees
31 December 2024
1,205.78
General Insurance Assets ($BBD Millions)
30 September 2024
3,226.01
Life Insurance Assets ($BBD Millions)
30 September 2024
22
Total No. Mutual Funds
31 December 2024
19
No. Mutual Funds w/ Direct Exposure to the Barbadian Public
31 December 2024
2,845.32
Total Net Assets Under Management ($BBD Millions)
31 December 2024
246
Total No. Occupational Pension Plans
31 December 2024
144
No. Defined-Benefit Plans
31 December 2024
78
No. Defined-Contribution Plans
31 December 2024
25
No. Hybrid Plans
31 December 2024
Regulated Sectors
Securities
The Securities Division undertakes the regulation of the capital market and investment fund industry in Barbados under the Securities Act and Mutual Funds Act, respectively.
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Pensions
The Pensions Division is directly responsible for the supervision of occupational pension plans registered and regulated by FSC, under the Occupational Pension Benefits Act (OPBA).
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Insurance
The Insurance Division is responsible for the supervision and regulation of insurance business conducted in or from within Barbados, as authorised by the Financial Services Commission Act, 2010-21; and the Insurance Act, Cap. 310.
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Credit Union
The Credit Unions Division’s primary role is to regulate the local credit union sector, helping to foster an enabling environment that bolsters member confidence and encourages a safe and sound financial system.
LEARN MORE
Securities
The Securities Division undertakes the regulation of the capital market and investment fund industry in Barbados under the Securities Act and Mutual Funds Act, respectively.
LEARN MORE
Pensions
The Pensions Division is directly responsible for the supervision of occupational pension plans registered and regulated by FSC, under the Occupational Pension Benefits Act (OPBA).
LEARN MORE
Insurance
The Insurance Division is responsible for the supervision and regulation of insurance business conducted in or from within Barbados, as authorised by the Financial Services Commission Act, 2010-21; and the Insurance Act, Cap. 310.
LEARN MORE
Credit Union
The Credit Unions Division’s primary role is to regulate the local credit union sector, helping to foster an enabling environment that bolsters member confidence and encourages a safe and sound financial system.
LEARN MORE
