Author: Caribbean Association of Banks Inc

CAB Enjoys Fruitful Visit to Suriname

Saint Lucia, September 12th, 2019: The Caribbean Association of Banks (CAB) Inc. visited a number of its stakeholders in Paramaribo, capital of the South American territory of Suriname, on 5-6 September 2019. The three-member CAB delegation comprised of Chairperson, Mr. Dalton Lee; Immediate Past Chairperson, Ms. Joanna Charles; and CEO, Ms. Wendy Delmar. During their two-day visit, the CAB team met with high-level representatives of the Central Bank of Suriname, VCB Bank, Coöperatieve Spaar – en Kredietbank Godo G.A., Suricharge Bank…

ECCB Approves Republic Financial Holding Limited’s Application to Acquire Bank of Nova Scotia Operations in Most ECCB Member Countries

7 September 2019, Basseterre, St Kitts and Nevis – The Eastern Caribbean Central Bank (ECCB), in consultation with the ECCB Monetary Council, has approved the application for the transfer of the assets and liabilities of the Bank of Nova Scotia (BNS) to the Republic Financial Holding Limited (RFHL) in Anguilla, the Commonwealth of Dominica, Grenada, St Kitts and Nevis, Saint Lucia and St Vincent and the Grenadines, pursuant to Section 43 of the Banking Act. Discussions on the future of Scotiabank’s…

Request For Proposal To Coordinate A Shared Services Agreement Of The Eastern Caribbean Currency Union National Banks

1.1 The national banks licensed by the Eastern Caribbean Central Bank (ECCB) under the Banking Act, 2015 have been in discussion regarding the consolidation of the Eastern Caribbean Currency Union (ECCU) national banking sector. The consensus of the discussions is that consolidation of the sector be pursued over a period of time and that an initial step ought to be taken in the form of a shared services approach. 1.2 Via correspondence to all 12 licensed national banks, the ECCB…

Corporate Governance in focus at CAACM Conference Antigua 2019

Saint Lucia, Tuesday July 2nd, 2019 : Audit committee directors and audit practitioners from across the Caribbean region gathered at the Royalton Antigua for the Caribbean Association of Audit Committee Members Inc. (CAACM) 13th Annual Conference and AGM. The two-day event (June 27-28, 2019) was attended by over 80 participants under the theme ‘Riding the Wave of Disruption – Practical Aids for the Impending Challenges.’ Antigua and Barbuda’s Prime Minister and Minister of Finance and Corporate Governance, the Honorable Gaston Browne, delivered…

DOWNLOAD: Deloitte Governance Workshop

Roger Hennis and Daryl Walcott-Grappie of Deloitte led the inaugural CAB Training Day, as part of our Fourth Annual CEO and Director Forum, 7-8 June at the Hyatt Regency in Miami, Florida, U.S.A. Dozens of attendees from the Caribbean and North America learned more about global trends and best practices in governance, from one of the world’s most respected names in the field. You can download the presentation by Deloitte below. The CEO and Director Forum is one of the…

Focus on Banking Opportunities & Threats at CEO Forum

Saint Lucia, Monday June 7th, 2018 : Industry leaders, CEO’s, directors, compliance professionals, key decision-makers, and representatives of regional and international bodies were in attendance this past weekend as the Caribbean Association of Banks (CAB) Inc. staged its Fourth Annual CEO and Director Forum, 7-8 June at the Hyatt Regency in Miami, Florida, U.S.A. Dozens of attendees from the Caribbean and North America discussed opportunities and threats in the regional financial services sector. Speakers at the weekend’s gathering represented some of…

CAB Chair Joins CCJ Trust Fund Board

Mr. Dalton A. Lee, chairperson of the Caribbean Association of Banks Inc. (CAB) has been nominated to sit on the Board of Trustees of the Caribbean Court of Justice Trust Fund (CCJTF) as of 28 February 2019. Mr. Lee, the chairperson and one of the founders of Bank of Montserrat Limited, replaces Mr. Farid Antar as the CAB representative on the CCJTF Board of Trustees. Mr. Antar, an experienced and highly respected banker with over 39 years of outstanding service…

Caribbean Banking Professionals Receive Social Media Training

A total of 22 participants from 12 organisations in six different territories took part in a training session hosted by the Caribbean Association of Banks (CAB) Inc. The two-day workshop, entitled Social Selling Re-Invented, prepared participants to more effectively connect with potential clients via social media, and to more readily use Web 2.0 tools for sales and marketing. Registrants from Antigua and Barbuda, the British Virgin Islands, the Commonwealth of Dominica, Montserrat, Saint Lucia, and Suriname convened at the Coco…