A cruise ship docks in Haiti. |
BY DENNISE WILLIAMS Contributor Friday, February 02, 2018
Robert Paret, CEO of Haitian investment bank ProFin, based in Port-au-Prince, says that his country stands ready to work with Jamaican investment banks to learn best practices.
In a presentation at the recently concluded Jamaica Stock Exchange (JSE) Regional Investment Conference at the Jamaica Pegasus hotel, Paret noted that in comparing Jamaica, Haiti, and the Dominican Republic, Jamaica was clearly the regional leader in providing access to financial services to its citizens.
High rise buildings |
However, Haiti — despite publicity to the contrary —actually had a better handle on its crime and corruption.Hence there are opportunities for learning from each other.
The first chart shows how mature Jamaica's financial sector is compared to 140 other nations in the world, and how the country ranks compared to its two Caribbean counterparts.
The second chart shows the most problematic factors for doing business in Haiti, of which access to financing is number one. more
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