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…
Mastercard and The Caribbean Association of Banks Inc Sign a Memorandum of Understanding
Mastercard, a global technology company in the payments industry, has announced the signing of a Memorandum of Understanding (MoU) with the Caribbean Association of Banks Inc (CAB), the representative body and recognized voice for banks and other financial institutions in the Caribbean. The partnership’s central objective is to enable cross-border payments across all CAB member jurisdictions, as a powerful tool to tend to the region’s unbanked and underbanked populations and bolster financial inclusion and economic growth. As part of its…
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…
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…
Dr Jide Lewis appointed deputy governor at the Bank of Jamaica 🇯🇲
Career central banker Dr. Jide Lewis has been appointed to the position of Deputy Governor, Financial Institutions Supervisory Division and as Deputy Supervisor of Banks, Financial Holding Companies, and Other Specified Financial Institutions (“Deputy Supervisor”) of the Bank of Jamaica, with effect from 16 June 2022. In this capacity, he will have responsibility for ensuring the relevance and adequacy of the legislative and regulatory framework and operational infrastructure to satisfy the statutory and supervisory responsibilities necessary to support the Bank’s financial system stability…
FIBA Conference Provides Opportunities for Caribbean Banks
Saint Lucia, Friday 25 March, 2022: The Caribbean Association of Banks (CAB) Inc. has expressed satisfaction with the just-concluded FIBA AML Compliance Conference, which was held 28 February to 2 March at the Trump National Doral in Miami, Florida, USA. CAB Chairperson Mr. Dalton Lee and CEO Ms. Wendy Delmar profited the opportunity to engage with bankers, financial services professionals, regulators, and service providers from across the Americas, as well as officials of various US government regulatory agencies. One of…
CAB Congratulates Top CAPE Financial Services Studies Student
Saint Lucia, Thursday 9 March, 2022: The Caribbean Examinations Council (CXC®) hosted its 2021 Regional Top Award Ceremony recently. Among those honoured was the best-performing student in Caribbean Advanced Proficiency Examinations® (CAPE®) Financial Services Studies. In recognition of her achievement, Anatassia Hastings received a trophy, and an award of USD $2,500.00 from the Caribbean Association of Banks (CAB) Inc. Miss Hastings is the first recipient of the CAB award for this subject. She achieved a Grade 2 in Financial Services…
SVCB Upskills Customer Service Team with CAB & FranklinCovey
Saint Lucia, Monday 21 February, 2022: Over 20 members of staff of the St. Vincent Co-Operative Bank Limited (SVCB) took part in a recent training workshop, entitled Leading Customer Loyalty. The session, in collaboration with the Caribbean Association of Banks (CAB) Inc. was facilitated by Mrs. Thecla Deterville of FranklinCovey Eastern Caribbean. This was the first face-to-face training conducted under the CAB banner in two years. The exercise was targetted mainly at frontline staff such as tellers and customer service representatives at…
Republic Bank Brings ‘The Art of Banking’ To Inspire, Reward Caribbean Artists
Republic Bank Limited (RBL) today launched “The Art of Banking”, as part of its innovative market engagement to build both awareness and relationships. This campaign asks the artists of the Caribbean over the age of eighteen, to give their best interpretation of several of the banks’ products and services. Artists from all over the region will be asked to produce pieces inspired by the following themes: “Credit cards: A new world of opportunity”, “TISP: The future: protected” “RightStart: From young”,…
Consolidated Finance is now ANSA Merchant Bank 🇧🇧
In a move which now opens up many new and desirable financial options to the business and private sectors, Consolidated Finance is rebranding as ANSA Merchant Bank (Barbados) Limited. This transition unites the legacies of two strong, well-respected, regional financial institution which have been operating in the Caribbean for well over four decades. Consolidated Finance is a household name in Barbados, providing from hire purchase loans to deposits and leases. ANSA Merchant Bank, headquartered in Trinidad and Tobago, is a…