The Bank of Nevis Ltd was the brainchild of Dr. Simeon Daniel, former premier of Nevis. The Bank was incorporated on August 29th, 1985 under the laws of the Federation of St. Christopher and Nevis; however, the Bank opened its doors for business to the public on December 9th, 1985. This was just two years after Nevis had been granted new powers under the new independence constitution of the Federation of St. Christopher and Nevis.
The Bank was created out of a desire to provide banking services to the local community with the hope that this would assist with the development of the island’s economy. It is for this reason that The Bank adopted the motto ‘Improving the Quality of Life’.
The National Commercial Bank of Dominica was created by Act No 27 of 1976 by the Parliament of Dominica (under the name National Commercial and Development Bank of Dominica) The bank officially opened for business on March 15, 1978 with the Agricultural Industrial and Development Bank (AID) bank as a wholly owned subsidiary. In January 1982, the AID Bank was made a separate and independent entity. In 1994, the bank invested in NCB Grenada, jointly, with two other OECS indigenous banks to own 12.5% of that bank. An investment in the Caribbean Credit Card Corporation for the issuance and processing of local and international credit cards was also made. Additionally, the Bank acquired shares in the newly privatized Liat (1974) Ltd and East Caribbean Home Mortgage Bank.
By letter dated October 10, 2003, National Commercial Bank of Dominica was advised by the Government of Dominica of its decision to divest itself of its majority holding in the National Commercial Bank (NCB).This was part of Government of Dominica’s strategy to privatize NCB. This decision meant that the NCB Act Chapter 74:02 was repealed and a new company, the National Bank of Dominica Ltd was incorporated to succeed the NCB.
Caye International Bank Limited (CIBL) was granted an Unrestricted “A” Class International Banking License on September 29th, 2003 by the Central Bank of Belize and is regulated by the Central Bank of Belize which set the standards for liquidity and capital adequacy.
Banking with Caye International Bank provides stability, confidentiality and higher returns – the interest rates are significantly higher than in the USA. Reserve requirements in Belize are three times the reserve requirements in the United States and the Caye International Bank has liquidity about twice the Belize legal minimum. This gives great stability to the bank.
Bank of Saint Lucia is a subsidiary of Eastern Caribbean Financial Holding Company. It was formed in July 2001 as a result of the merger between National Commercial Bank and the Saint Lucia Development Bank.
Bank of Saint Lucia is the largest bank in Saint Lucia with the biggest ATM network on the island. It has branches in Gros Islet, Vieux Fort, Soufrière, and Castries (Bridge Street and the Waterfront Areas) as well as a Bureau de Change at Hewanorra International Airport.
After the National Commercial Bank of St. Lucia Limited opened its doors to the public in 1981, the Saint Lucia Development Bank Limited soon followed. As the names suggest the National Commercial Bank functioned as a commercial bank satisfying the personal banking needs of customers. The Saint Lucia Development Bank on the other hand was set up to provide funding in the areas of manufacturing, agriculture, tourism and fisheries.
Antigua Commercial Bank (ACB) was incorporated in 1955, with a share capital of EC$100,000. It is the country’s first indigenous bank and public company. ACB is well known for its role in assisting local entrepreneurs and small business owners. Its subsidiary, ACB Mortgage and Trust Company Ltd., is the largest indigenous provider of mortgage financing on the island. ACB aims “to be the leading financial services provider by exceeding our stakeholders’ expectations through exemplary service, innovative products and adapting to an ever-changing environment.”
The Bank operates three (3) branches and one (1) agency and has ten (10) Automated Teller Machines, including a multicurrency ATM at the new terminal of the VC Bird International Airport. ACB has a staff complement of one hundred and ten (110), and is one of the largest indigenous commercial banks in Antigua & Barbuda, with an audited asset base of US $373 million as at September 30, 2014.
Eastern Caribbean Amalgamated Bank Limited (ECAB) is a full service commercial bank located in Antigua and Barbuda offering banking products and services to individual and business clients within Antigua and Barbuda, across the region and beyond.
ECAB provides service to a broad-based clientele from four convenient branches, strategically located throughout the island. With headquarters located in Coolidge, near the airport, and branches located on Recliffe Street in St. John’s, Woods Centre on Friars Hill Road and Nelson’s Dockyard in English Harbor, ECAB has the largest network of branches operated on the island. Our customer focused business model is continually reinforced through staff training and development to ensure the delivery of superior customer service and the ability to effectively and efficiently manage customer relationships with individual and corporate banking clients.
Owned by a consortium of regional institutions, ECAB is an extraordinary financial institution symbolizing the strength of the Caribbean people and determination to safeguard the stability of our Indigenous Banking System.
Heritage Bank Limited is a private limited liability company incorporated under the Laws of Belize (Chapter 250 Revised Edition 2000) on December 7, 1999. The Bank was issued bank license No. 1 of 2000 on November 15, 2000 under the Banks and Financial Institutions Act (BFIA) (Chapter 263 of the Substantive Laws of Belize, Revised Edition 2000).
Heritage evolved from a merger of Provident Bank & Trust of Belize Limited established in 1998 to provide international banking services, and Alliance Bank of Belize Limited established in 2001 to provide domestic banking services. These two institutions had common shareholders.
St. Kitts-Nevis-Anguilla National Bank Limited is one of the premier financial institutions in the Eastern Caribbean Currency Union, and is known throughout the region for its commitment to innovation and exceptional customer service. National has been serving the Federation of St. Kitts & Nevis for over 46 years, and has become a leader in the financial industry in the region.
The St. Kitts-Nevis-Anguilla National Bank Limited (National) was incorporated in 1971 under the Companies Act Chapter 335, and was re-registered under the new Companies Act No. 22 of 1996 in 1999. The Bank and its branches are licensed by the Eastern Caribbean Central Bank, under the applicable Banking Act 2015, to carry on banking business in the Eastern Caribbean Currency Union.
1st National Bank St Lucia Ltd is a St Lucian bank formed in 2005. It was originally established as the St Lucia Cooperative Bank in 1938, making it the oldest indigenous St Lucian bank.