"As CEO of the Caribbean Association of Banks (CAB) Inc. (CAB), I am truly heartened by the tremendous efforts made by the region’s banking and financial services industry, which, by all accounts, has risen to the challenges of the present. "…
Welcome to Issue 2 of The CAB Bulletin! This issue includes a tribute to our late director, Mr. Sean Husain; an exclusive interview with the CEO of the Jamaica National Group, Hon. Earl Jarrett, on his organisation’s acquisition of a banking licence to operate in the United Kingdom; an update on COVID-19; and an overview of recent and upcoming CAB events. Enjoy! Download …
Paramaribo, Suriname, Tuesday, March 24th, 2020: It was with great sadness that the Board and Secretariat of the Caribbean Association of Banks (CAB) Inc. received the news on the evening of Monday 23 March 2020 that Director Sean Husain had passed away. Director Husain took ill suddenly on Monday night, having been involved in calls earlier in the day with fellow CAB Board members. A well-respected figure in the Caribbean banking and financial services sector, Sean had been with Republic…
The programme will facilitate a loan repayment moratorium for an initial period of up to six (6) months with a possible extension upon review. In addition to the deferral of loan repayments, a waiver of late fees and charges will be applicable to eligible customers during this period.…
Based in Castries, the Secretariat of the Caribbean Association of Banks (CAB) Inc. proactively initiated a remote protocol as of Monday, 16 March, 2020. The CAB office will be closed until 5 April in the first instance, in keeping with the edict of the Government of Saint Lucia. Nonetheless, the five-member Secretariat, led by CEO Ms. Wendy Delmar, remains committed to serving the needs of over 80 members and partners in more than 20 territories, whilst working from home and…
The outbreak of the novel coronavirus (COVID-19), which was declared a pandemic on Wednesday, March 11, 2020 by the World Health Organisation (WHO), poses a significant and unprecedented threat to the global economy. It is now evident that it will no longer be “business as usual” for the foreseeable future.…
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…
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…
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…
(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),…
