Brantley: Gov’t Borrowing Puts National Bank at Risk :: The St. Kitts-Nevis

National Bank, downtown Basseterre
Opposition Leader Hon. Mark Brantley says the government’s reliance on the St. Kitts-Nevis-Anguilla National Bank (SKNANB), and others, to finance their borrowing is exposing the banks to great risk.
Brantley was at the time addressing a large gathering of businesspersons at the St. Kitts-Nevis Chamber of Industry and Commerce’s 28th Annual Private Sector Banquet, held on Saturday (July 10).
According to Brantley, the mounting national debt was hindering the federal government’s ability to borrow from sources outside of the country, resulting in it turning to local banks.