Category: News

Largest Indigenous Bank in the ECCU Joins DCash Pilot 🇰🇳

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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…

Dr Jide Lewis appointed deputy governor at the Bank of Jamaica 🇯🇲

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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…

Republic Bank (EC) Limited Launches a New Sustainable Energy Suite Package 🇱🇨

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Castries, Saint Lucia: Republic Bank (EC) Limited has announced a new sustainable energy suite package as part of its service offering to clients. According to Michelle Palmer-Keizer, Managing Director of the Bank’s EC operations, “This ground-breaking sustainable energy suite is directly linked to our leadership role in supporting sustainable development goal attainment in the region.  Specifically, we are keen to move the needle on climate action and the availability of affordable and clean energy. Whether a business owner, an investor or…

CAB to Host 2022 CEO & Directors’ Forum in Miami 🇺🇸

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Saint Lucia, Monday 6 June, 2022: For the first time since 2019, bankers and financial services professionals from the Caribbean will meet face-to-face to address the issues confronting the industry, and to chart the way forward for the region. Scores of C-suite executives and directors from dozens of organisations will meet in Miami, Florida, USA for the Caribbean Association of Banks (CAB) Inc. CEO & Directors’ Forum 2022. The theme of this year’s gathering, June 10-11, is Banking For The Future. The…

1st National (St. Lucia) Appoints Fletcher St. Jean as MD 🇱🇨

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Castries, Saint Lucia, May 11, 2022: Following an extensive search, 1st National Bank (St. Lucia) Limited has confirmed the appointment of Mr. Fletcher St. Jean to lead the institution as its Managing Director. An innovator, and an effective change manager, Mr. St. Jean brings a wealth of banking & finance experience that stretches over 20 years. A student of Finance, Mr. St. Jean began his banking and finance career with Citigroup Banking Division as one of the youngest managers in…

CAB and Montserrat 🇲🇸 Premier to Attend BAFT Global AGM

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MONTSERRAT/WASHINGTON – The Premier of Montserrat, Hon. Joseph E Farrell will be on overseas duty from April 23 to May 5, 2022 as he will be attending meetings in Miami and Washington, DC. Premier Farrell, whose portfolio includes Tourism, will attend the Seatrade Cruise Global Conference in Miami Beach, Florida from Monday April 25 to Thursday April 28, 2022. His delegation will include the Director of Tourism, Rosetta West-Gerald; Project Manager at the Tourism Division, Charlesworth Phillip and Private Sector Representative, Tour…

Donna Harding-Lee Appointed BOB Chairperson 🇧🇸

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In recent weeks, the Bank of The Bahamas appointed its first-ever female chair, with attonery Donna Harding-Lee taking over the post following the necessary Central Bank approval. Mrs. Harding-Lee was called to The Bahamas Bar in 1982, and joined the firm of Cash Fountain & Company, where she remained for 14 years until founding her own law office, Harding-Lee & Company, in 1996. She has served as a director on several boards, including an insurance/financial institution, and Bank of The…

FIBA Conference Provides Opportunities for Caribbean Banks

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In deep discussion -

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…

ECCB Wins International Award for Polymer Notes

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The Eastern Caribbean Central Bank (ECCB) has won the Reconnaissance International Regional New Banknote Series Award for its family of EC Polymer Notes. The prestigious award recognises newly introduced banknotes and ID documents that exemplify superior technical sophistication and excellence in design and security. In his virtual acceptance speech, Acting Director in the ECCB’s Currency Management Department, Norman Sabaroche, thanked Reconnaissance International for the award, noting that it is a fitting accolade for the ECCB’s innovation of changing the substrate…

CAB Congratulates Top CAPE Financial Services Studies Student

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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…