Category: General

Caribbean Investment Holdings signs agreement to acquire Scotiabank’s Belize banking operations

Caribbean Investment Holdings Limited has reached an agreement for the purchase of Scotiabank (Belize) Ltd. (SBL) from Scotiabank Caribbean Holdings Ltd., for an initial purchase price of up to US$30.5 million. Scotiabank Caribbean Holdings is a subsidiary of The Bank of Nova Scotia (BNS). The acquisition is subject to regulatory approval and customary closing conditions. The acquisition will be effected pursuant to a share purchase agreement among the Company, the Seller and BNS dated 19 June 2020. Under the terms…

Frequently Asked Questions – Moratorium (Bankers Association of Saint Lucia)

In these trying times, the Bankers Association of Saint Lucia is here to support you and your family. Our objective is to help you to concentrate on what is important – remaining in good health, supporting your loved ones, and of course, taking care of your finances. Our Association members are offering our valued customers, moratoriums on bank debts in an attempt to cushion the economic blow dealt by the COVID-19 Pandemic. To assist with your concerns on moratoria we…

CAB Welcomes New Director

"It is a tremendous pleasure to be able to receive Michael, whom I am certain will play a significant role in advancing our organisational goals and objectives. We are delighted at his willingness to take up the challenge of working with us to serve our members across the region and beyond. Sean's presence will, of course, be greatly missed, and we will continue to cherish his memory and hold him dear to our hearts."…

Eastern Caribbean Central Bank Governor Holds Talks On Bank’s Performance

CASTRIES, Saint Lucia, January 21, 2020 (CMC) – The Governor of the St. Kitts and Nevis-based Eastern Caribbean Central Bank (ECCB), Timothy N. J. Antoine, is leading a four-member delegation for talks in Saint Lucia on the performance and prospects of the Eastern Caribbean Currency Union (ECCU). The ECCB serves as the central bank for the union, comprising Antigua and Barbuda, Dominica, Grenada, Saint Lucia, St. Vincent and the Grenadines, St. Kitts and Nevis, Montserrat, Anguilla, and the British Virgin…

International Acclaim For Caribbean Banks

Saint Lucia, Tuesday December 3rd, 2019: Two member organisations of the Caribbean Association of Banks Inc. (CAB) have been recognised by internationally-renowned financial magazine The Banker in its Bank Of The Year awards. Announced last Friday, 29 November, the institutions in question are 1st National Bank St. Lucia Limited and Jamaica’s NCB Financial Group. The two banks were named the most outstanding in their respective jurisdictions during the awards ceremony in London, England. These awards are presented by The Banker…

Caribbean Bankers Conclude Historic Conference in Sint Maarten

Sint Maarten, Monday November 4th, 2019 : The Caribbean Association of Banks (CAB) Inc. successfully concluded its historic 46th Conference and Annual General Meeting, 30 October-2 November in Philipsburg, Sint Maarten. Over 200 banking and financial services professionals from the Caribbean, North America, South America, Europe, and Asia converged at the Sonesta Maho Beach Resort, Casino, and Spa under the theme: “Shaping a New Era in Caribbean Banking.” A number of firsts were recorded at this year’s edition of CAB Conference, the…

Saint Lucian Executives To Get Leadership Training

Caribbean Association of Banks Inc. and FranklinCovey East Caribbean to host Executive Breakfast Meeting Upwardly mobile Executives, Managers, Supervisors, Heads of Department, and Coaches in Saint Lucia will have the opportunity to benefit from a world-renowned leadership, efficiency, and personal development series, thanks to an exciting new collaboration. The Caribbean Association of Banks Inc. (CAB) in conjunction with FranklinCovey East Caribbean – a licensee of FranklinCovey Company – will be hosting an Executive Breakfast Meeting on Thursday 24th October 2019,…

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…

The Caribbean Association of Banks Supports CARICOM in Regional Integration Efforts

Thursday September 6th, 2018: The Caribbean Association of Banks (CAB) commends the Council for Finance and Planning (COFAP) for reaffirming the commitment towards the Caribbean Single Market and Economy and its significance for the regional financial sector, at the 6th Special Meeting of the Council on 4th September 2018 in Barbados. The CAB views the resolution taken at this meeting as a step in the right direction to re-energize the regional integration commitment. The CAB is pleased to note that…