Pursuant to its acquisition of RBTT Bank Caribbean Limited in St. Vincent and the Grenadines, 1st National Bank St. Lucia Limited announced it has obtained its Banking License from the Eastern Caribbean Central Bank (ECCB) to operate the banking business, an achievement, it says, will pave the way for new growth opportunities as it expands its footprint within the region.
Rebranding of RBTT Bank Caribbean Limited was the first step after the acquisition. Preparations are now underway for integration of the bank’s core banking systems, which is scheduled to come onstream in early 2023. The rebranding exercise initially focused on the name change to include changes to internal and external signage, processing stamps and forms bearing the 1st National Bank’s logo and cosmetic enhancements to the structure, including painting, have also been completed.
“We are committed to ensuring that our lines of communication remain open, simple and honest as we chart the way ahead. This cannot be achieved without you our valued customers and shareholders who we thank immensely for your loyalty and support during this transition. The Board of Directors, Management and Staff see this as an opportunity for all of us to build better, together,” said Executive Officer in Charge Mrs. Valery Marshall-St. Omer.
In its vision, the Board of Directors continues to build on the foundation established by the founding fathers back in 1938. This vision is backed by solid commitment; investment in cutting edge technology to create superior products and service delivery excellence every time.
“1st National Bank St. Lucia Limited would like to place on record our sincere thanks to the Government and people of St. Vincent and the Grenadines for facilitating this transaction. Special thanks also to the Eastern Caribbean Central Bank for the support received during this process,” Marshall-St. Omer said.
1st National Bank opened for business in St Vincent and the Grenadines earlier this month.