Category: News

Proposed Sale of Canadian Banks in the Caribbean Under Review

Saint Kitts and Nevis, Friday, February 21st, 2020: Governor Timothy Antoine of the Eastern Caribbean Central Bank (ECCB) has confirmed that his organisation is reviewing applications for the intended sale of banking assets within the Eastern Caribbean Currency Union (ECCU) jurisdiction. Governor Antoine spoke at a press briefing on Friday 14 February 2020, following the 95th Meeting of the ECCU Monetary Council at ECCB headquarters in Basseterre, St. Kitts and Nevis. In November 2019, Canadian Imperial Bank of Commerce declared…

New Country Manager at CIBC FirstCaribbean Saint Lucia

PRESS RELEASE: Mr. Victor Boyce has been appointed to the role of Director Corporate Business Development – Organisation of Eastern Caribbean States (OECS) and Country Head – Saint Lucia for CIBC FirstCaribbean Bank, effective February 1, 2020. Mr. Boyce succeeds Mrs. Ladesa James-Williams in that role. Mrs Williams has been appointed Director, Retail Sales OECS and Country Head in her native Antigua and Barbuda. Mr. Boyce is a career banker with over 20 years’ experience in the industry, fifteen of…

Ladesa James-Williams Appointed Country Head of CIBC In Antigua and Barbuda

Mrs. Ladesa James-Williams has taken up her appointment as CIBC FirstCaribbean’s Director, Retail Sales OECS (Organisation of Eastern Caribbean States) and Country Head, Antigua and Barbuda. She is the first Antiguan-born woman to attain this position. Mrs. James-Williams is a product of public school education, having attended Bolans Primary School, Antigua Girls High School, and Antigua State College, followed by studies at the University of the West Indies – St Augustine, where she obtained a double degree in Chemistry and…

Republic Bank (EC) Meets Saint Lucia Business Community

(Castries, Saint Lucia, February 20, 2020) – Republic Bank (EC), on Thursday 13th Feb 2019, signaled to the corporate community of Saint Lucia that it was ready to do business.  This, at the Saint Lucia Chamber of Commerce, Industry and Agriculture’s first Executive Luncheon for 2020. To a packed room of over 70 business executives from various sectors including shipping, legal, commerce, banking, insurance, manufacturing and other business support services, guest speaker Michelle Palmer-Keizer, Managing Director of Republic Bank (EC),…

Caribbean Bankers Hone People Development Skills

Antigua and Barbuda, Friday, February 14th, 2020: The Caribbean Association of Banks (CAB) Inc. concluded a two-day training workshop on human resource development this week in Antigua and Barbuda. A collaboration with the Jamaica Institute of Financial Services (JIFS), the workshop – Talent Management for Competitive Advantage – was delivered at the Trade Winds Hotel in St John’s on 11-12 February 2020. The exercise was facilitated by noted human resource consultant, Henry L. Reid. A total of 21 individuals from…

Baldwin Taylor Appointed To Lead Bank of Montserrat

The Bank of Montserrat recently announced the appointment of its new General Manager, Mr. Baldwin Taylor, who took up office on January 2, 2020. He succeeds Mr. Michael Joseph who retires as General Manager after serving for 10 years in the position. During his tenure, the Bank grew exponentially, recording growth in assets of 47%, moving from $171M in 2009 to $252M in 2018; and Loans growth of over 100%, increasing from $46M in 2009 to $94M in 2018. The…

CAB CEO To Speak At Major Meetings

Saint Lucia, Monday February 3rd, 2020: The recognised voice of the region’s banking and financial services sector will be heard at gatherings in Cuba and Trinidad and Tobago this week. Ms. Wendy Delmar, Chief Executive Officer of the Caribbean Association of Banks (CAB) Inc., will be delivering presentations at the CANTO annual general meeting in Havana, and the ACAMS AML Symposium in Port of Spain.   Ms. Delmar will be addressing the CANTO AGM on Tuesday morning on the subject,…

RFHL Records US$55.8 Million In First Quarter Profits

Port-of-Spain, Trinidad: January 30, 2020: The President of Republic Financial Holdings Limited (RFHL), Nigel Baptiste, announced today a profit attributable to shareholders of US$55.8 million for the quarter ending December 31, 2019, an increase of US$3.48 million or 6.7% over the corresponding period last year. Mr. Baptiste, in announcing the results said, “Total assets stood at US$15.24 billion at December 31, 2019, an increase of US$4.42 billion or 40.9% over the total assets at December 2018. This increase was mainly due…

Mobilearth Signs Bank of St. Vincent and the Grenadines as their newest Omni-Channel Client

BURNABY, BC, CANADA,  January 30, 2020 Mobilearth, a leader in innovative apps for both customers and employees of financial institutions and other financial verticals has signed the Bank of Saint Vincent and the Grenadines as their newest omni-channel client with mobile apps, online banking, text channels and Mobibranch for their customers. “Delivering more value to our customers has always been at the pinnacle of BOSVG’s customer service. As our customers demand more convenience and faster service, the advancement in technology…

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…