The Banking sector can be proud of another strong and profitable year in 2019.  According to the 2019 Financial Stability Report, released by the Central Bank of Trinidad and Tobago on 23 June 2020, the banking sector recorded a 24% increase in before-tax profits to $5.5 billion, maintained its asset quality at 3.1% and saw a 6% increase in Total Assets to end 2019 at $160.4 billion.