Category: CAB

From the Desk of the CEO

Warm greetings to all. As we begin the month of April it is further impressed on me how quickly time seems to “fly” in recent years. We are now at the start of the 2nd quarter of a year that often feels like it began just yesterday. Over the last quarter, the CAB has continued to work diligently on behalf of you, our valued members, as we strive to develop and strengthen the region’s industry for the betterment of all.…

CAB Bulletin- December 2023

Here is our December 2023 edition of the CAB Bulletin: Official Newsletter of the Caribbean Association of Banks Inc. In this issue, we take a moment to highlight the initiatives and undertakings of 2023.   If you have any feedback, ideas, an article or suggestions for next quarter’s newsletter please don’t hesitate to email us at cab@candw.lc   Download or read the newsletter here CAB Bulletin December 2023…

CAB AGM And Conference: Embracing Change and Building Resilience in a Dynamic Environment

Castries, Saint Lucia, 23 October 2023: The Caribbean Association of Banks Inc (CAB) is pleased to announce its Annual General Meeting (AGM) and Conference under the theme “Embracing Change and Building Resilience in a Dynamic Environment”. The Conference is slated for 24 – 28 October 2023 and will be hosted in Trinidad and Tobago. There have been exciting inclusions to the 2023 AGM and Conference agenda which includes an SME Workshop and Marketplace under the theme “Nurturing a Big Business…

Position Statement on Caribbean Banking Services

The Caribbean Association of Banks Inc. (CAB) is proud to represent the interests and concerns of the Caribbean banking and financial services industry. We recognise the critical role played by the industry in the facilitation of business and trade which underpins the growth of our economies. It is with consideration of the previous, that we wish to state our recognition of the frustrations articulated by members of the public (our valued customers and clients) regarding the expressed onerous requirements and…

FIBA Conference: A New Take on De-Risking

Saint Lucia, Wednesday 29 March 2023- Thursday 16 March concluded the 2023 FIBA AML Conference which was hosted at the Trump National Doral in Miami, Florida, USA. The last of the conference was the Annual Caribbean Financial Roundtable where Chief Executive Officer, Ms. Wendy Delmar represented the Caribbean Association of Banks Inc. Ms. Delmar shared that the roundtable ended on a positive note. This year’s Roundtable featured industry leaders and speakers from US and Caribbean financial institutions including banks, fintech companies…

Central Bank authorizes two companies to issue electronic money in Trinidad and Tobago 🇹🇹

The Central Bank of Trinidad and Tobago (CBTT) says it has issued provisional registrations to two additional companies, including the Telecommunication Services of Trinidad and Tobago (TSTT) as electronic money (e-money) issuers. The CBTT said the provisional registration, which has also been given to PESH Money Limited (PESH), cover an initial six-month period and authorizes the two companies to issue e-money from March 1, 2023. “Under the terms of the registrations, both companies will be allowed to enlist new customers…

Caribbean Bankers Elect New Board

Managing Director of the Jamaica-based JN Bank, Leesa Kow is the new chair of the Caribbean Association of Banks (CAB) Inc. Ms. Kow was elected unopposed during the Association’s 49th Annual General Meeting held on Wednesday, 26 October at the Harbor Club Resort in Saint Lucia. She replaces Dalton Lee, founder and chairperson of the Bank of Montserrat, who served two terms as chairperson of CAB. Mr Lee will, however, has been elected to serve as director for the Eastern…

Caribbean Bankers To Meet In Saint Lucia 🇱🇨

Saint Lucia, Friday, October 21st, 2022: More than 200 bankers, financial services professionals, regulators, Government officials, and representatives of regional and international agencies from the Caribbean, North America, South America, Europe, Asia, and Africa will meet in the coming days for CAB Conference Saint Lucia 2022. It will be the first time since 2019 that the foremost gathering of regional banks will be convened in person, and from all reports, the highly anticipated event will be crucial and transformative. The…

Caribbean Association of Banks and Freedom Seal Global ‘go blue’ to end modern slavery 💙

Commitment to #EndModernSlavery comes ahead of UN’s World Day Against Trafficking in Persons on July 30th SAINT LUCIA, JULY 12TH – The Caribbean Association of Banks (CAB) is joining Rani Hong, a survivor of child trafficking and CEO of the Freedom Seal Global, in going blue to show their commitment to end modern slavery and human trafficking. The commitment from the CAB comes ahead of the United Nations’ World Day Against Trafficking in Persons, to be marked on July 30th.…

Largest Indigenous Bank in the ECCU Joins DCash Pilot 🇰🇳

The St. Kitts-Nevis-Anguilla National Bank Limited (SKNANB), the largest indigenous commercial bank in the Eastern Caribbean Currency Union (ECCU), recently became the newest financial institution to join the DCash Pilot. With SKNANB’s enrollment in the pilot, it means that its retail and corporate customers can now sign-up for a DCash wallet. DCash, the digital version of the EC dollar, provides a Safer, Faster, Cheaper way to transfer funds and process payments. SKNANB is now the twenty-first financial institution in the…