9
BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED
CONSOLIDATED ANNUAL REPORT 2016
2016
2015
2014
2013
2012
Financial statistics in percent:
Asset Growth
11.50
7.24
6.91
4.93
7.63
Loan Growth
10.53
9.81
6.52
3.32
5.21
Deposit Growth
13.31
9.09
8.64
4.95
9.22
Net Surplus Growth
36.71
-13.35
-13.10
38.49
52.78
Return on Assets
1.14
0.91
1.13
1.38
1.06
Return on Equity
11.84
9.54
12.11
15.69
12.86
Operating Efficiency
72.44
77.02
76.10
70.61
77.87
Net Interest Margin
4.90
4.72
4.95
4.90
4.91
2016
2015
2014
2013
2012
Other statistics
Delinquency ratio (%)
6.3
6.7
6.7
7.5
7.2
# of members (000’S)
78.4
73.0
68.7
64.7
61.6
# of branches
4
4
4
4
3
Net income per member
$168.14
$132.03
$162.04
$197.91
$150.10
CONSOLIDATED FINANCIAL HIGHLIGHTS
FOR THE YEARS ENDED MARCH 31, 2012 TO MARCH 31, 2016
In Bds $’000
Principal Bankers
Barbados Public Workers’ Co-operative Credit Union Limited -
Republic Bank (Barbados) Ltd.
BPW Financial Holdings Inc. -
CIBC First Caribbean International Bank
Capita Financial Services Inc. -
CIBC First Caribbean International Bank
Auditors
KPMG –
Chartered Accountants
