ABOUT THE CAB
Our History
Caribbean Association of Banks Inc was formed as Caribbean Association of Indigenous Banks in 1974 following a decision by the Eighth Meeting of the Heads of Government Conference in 1973 and the Inaugural Meeting of the Standing Committee of Ministers Responsible for Finance.
The main purposes of the Association are defined in the Core Objectives. The Association was formed in response to the recognized need for member territories to mitigate the risk of reliance on external providers and share in the ownership and development of a financial services industry with the capacity to satisfy the financial needs of the people of the Region, whilst at the same time meeting regional and international regulatory requirements and standards.
The CARICOM Secretariat provided sterling support, maintaining the records and lending stability and continuity in the absence of a CAB Secretariat from the start until the organization established a permanent Secretariat in Georgetown, Guyana in 1998. The Secretariat was moved to Saint Lucia in 2002 and is staffed by five permanent employees including a Chief Executive Officer, who is responsible for the day to day management of the Association.
ABOUT THE CAB
Our Vision & Mission
ABOUT THE CAB
Our Values
Our values are based on achieving and maintaining high training deliverables; excellent service; financial viability; productive and engaged association members, through:
-
Integrity
We are truthful, transparent and deliver what is promised.
-
Accountability
We accept the responsibility for the consequences of our actions and uphold the principles of good corporate governance.
-
Commitment
We agree to live up to our responsibilities.
-
Confidentiality
We adhere to agreements and standards on disclosure of information.
-
Cooperation
We are willing to work with others to achieve a common goal.
-
Capacity Building
We agree to focus on developing people and providing access to value added services.
ABOUT THE CAB
Our Objectives
The Caribbean Association of Banks, Inc. is the representative body and the recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.
Additionally, we provide opportunities for discussion on issues impacting the financial services community, sharing of information, experiences and networking.
We are guided by the following main pillars of our value proposition to our members:
-
Superior Advocate
-
Premier Networking Platform
-
Facilitation of Industry Cooperation and Harmonization
-
Reliable and Relevant Source of Information
-
Facilitation of Industry-Specific Education and Training
-
Benefits of Economies of Scale through Cost Reduction and Sharing of Services
ABOUT THE CAB
Our Strategic Imperatives
