Caribbean Financial Institutions: Market Structure and Legislation

From the document:

There have been some changes in the nature and behaviour of financial institutions and in the structure of financial systems in the less developed countries of the Caribbean over time, although the changes have not been as wide-ranging as one might perhaps have wished...

Commercial banks, with their focus on financing the export and import trades, domestic consumption, and residential and commercial construction and real estate, continue to dominate lending activity; and are the main final placement locations for the financial savings of individuals, business firms, and most Government agencies, holding the funds for other financial institutions as well.