News broke this week of the British government’s financial “bailout” of the Turks & Caicos Islands (TCI). The British will underwrite a £160m loan to the islands that has suffered badly as a result of the global financial crisis. Despite being criticised in certain quarters back in the UK, this support is good news for the local TCI financial services industry says Ian Le Breton of the Sovereign Group.
A consequence will be that the local financial services industry should be protected, thus safeguarding the livelihood of those islanders working in the sector. Apart from tourism, these islands have little other economic activity. It is to be hoped that the breathing space created by the loan will allow TCI to bounce back as the global economy recovers. Financial services were boosted by news in 2009 when TCI was moved to the OECD’s “white list” of countries relating to compliance with internationally agreed tax standards. The Sovereign Group regularly uses TCI in its client corporate structuring.
Written by Ian Le Breton, who is based in The Sovereign Group's office in Gibraltar.
Hello Everybody, My name is.Mrs.Juliet Quin. I live in Canada and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $ 73,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $ 73,000.00 Canada Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs.Juliet Quin that refer you to him. Contact Dr Purva Pius via email: reply to email (urgentloan22@gmail.com)
ReplyDelete
ReplyDeleteAre you in need of a loan? Do you want to pay off your bills? Do you want to be financially stable? All you have to do is to contact us for more information on how to get started and get the loan you desire. This offer is open to all that will be able to repay back in due time. Note-that repayment time frame is negotiable and at interest rate of 3% just email us creditloan11@gmail.com