Acting chief executive officer (CEO) of Trinidad and Tobago Stock Exchange Limited Eva Mitchell says with an estimated US$57 billion in investable funds across the Caribbean, integration can strengthen the region’s financial services sector and enhance global competitiveness.

Mitchell indicated that given the unique and inherent vulnerabilities that impact the region, improving financial integration, for instance, through more intraregional trade and policy coordination, can help economies build greater resilience and scale, as well as technological innovations.

“The two major economic benefits I see [are] economic growth and risk-sharing. Firstly, mobilising the savings of our regional population to finance the growth of our companies, both large and small, will fuel the growth of our countries and promote the development of the Caribbean financial system,” she said at the virtual launch of the JSE e-Campus Caribbean Securities Trader Professional Certificate programme on Monday.

http://www.jamaicaobserver.com/business-report/regional-financial-integration-a-us-57-billion-opportunity-says-ceo-of-t-t-stock-exchange_216246