Globe Finance Inc. and Signia Financial Group Inc. start merger talks

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Globe Finance Inc. and Signia Financial Group Inc. have confirmed that they are currently exploring a merger, subject to regulatory approval.

Globe Finance was launched by Sagicor and Goddard Enterprises; Signia was established by United Insurance Company Ltd.( now Massy United Insurance), Cave Shepherd & Company and Grace Kennedy Ltd. Signia maintains an asset base in excess of US$114 million.

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The Caribbean Association of Banks, Inc. is the representative body and 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.

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