In this survey it was recognised that the underlying theme amongst financiers, bank and non-bank, remains conservative.
To recognise this special 10th anniversary of this Survey we thought we would "mix things up" a little bit this year by expanding the survey base beyond lending institutions to equity investors and non-bank capital providers.
In the 2014 Caribbean Hospitality Financing Survey (PDF 2MB), it was recognised that whilst general underlying theme amongst groups of financiers, bank and non-bank, remains conservative with little expectation of any meaningful growth returning in the short-term, there are definite signs of cautious optimism.
Our annual Caribbean Financier Confidence Barometer, which measures the level of confidence of financiers for the next 12 months, is always one of our very best indicators of prevailing sentiment. It is now at its highest level since 2008 representing the fifth year in a row that confidence has grown amongst banks. Furthermore, our new community of non-bank Survey participants is appreciably more confident than banks.
© 2018 KPMG, a group of Bermuda limited liability companies which are member firms of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.