X

Caribbean Financial NetworkSt. Kitts

Eastern Caribbean Central Bank St. Kitts

eastern-caribbean
Biz Phone
869-465-2537
This email address is being protected from spambots. You need JavaScript enabled to view it.
Basseterre
The Eastern Caribbean Central Bank (ECCB) was established in October 1983. It is the Monetary Authority for a group of eight island economies namely - Anguilla, Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, St Kitts and Nevis, Saint Lucia, and St Vincent and the Grenadines. The Agreement establishing the ECCB as the monetary authority for the eight ECCB participating governments, was signed on 5 July 1983 in Trinidad and Tobago. The ECCB was officially commissioned on 1 October 1983, replacing the Eastern Caribbean Currency Authority (ECCA) which was established in March 1965. The primary objective of the ECCB is to maintain the stability of the Eastern Caribbean Currency and the integrity of the banking system.

FirstCaribbean Bank

first-caribbean
Biz Phone
869-465 2449
Basseterre
CIBC FirstCaribbean's knowledge of banking has been gained through a combined experience of almost 250 years in the Caribbean through our heritage organisations, Barclays PLC and CIBC. Both have the distinction of being the oldest banks in the Caribbean. They were a part of the development of the region since the days of salt cod and rum. Many changes have been made since then. Tourism is the new export, and West Indian businesses are now taking on the world. FirstCaribbean will be there to make that goal possible. FirstCaribbean was formed in 2002 with the merger of CIBC West Indies Holdings and Barclays Bank PLC Caribbean operations. In December 2006, CIBC acquired Barclays stake and became the majority shareholder in FirstCaribbean. On June 20, 2011 we proudly announced that we will be co-branded under the CIBC banner, adopting the branding CIBC FirstCaribbean. The addition of CIBC to the FirstCaribbean brand emphasizes CIBC’s long-term commitment to the Caribbean region, our employees and our clients. Our clients and our employees across the Caribbean will continue to benefit from the long-term investment that CIBC is making in the Caribbean – a history that dates back to our first branches opened in 1920. CIBC FirstCaribbean will continue to operate as a Caribbean-managed business within the CIBC group of companies, and trades as FirstCaribbean International Bank Limited on the stock exchanges of Barbados and Trinidad.

The Bank of Nevis

"Improving the Quality of LIfe"

bank-of-venis
Biz Phone
869-469-5564
This email address is being protected from spambots. You need JavaScript enabled to view it.
Charlestown
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’. Ideally located in the heart of the capital, Charlestown, The Bank of Nevis Ltd offers comprehensive services including a variety of deposit accounts with attractive rates of interest, credit and debit cards and loans. Other services include ATM services, online banking, brokerage services, merchant services and foreign exchange purchases and sales. Beginnings were humble: simple accommodation, a staff of five, and capital of approximately $250,000. The environment was competitive with five banks, each having offices or branches in Charlestown. Over the years, The Bank of Nevis Ltd has grown to provide banking services not only to the people of Nevis but also to the Federation and the world at large.

Advance Caribbean

advance
Biz Phone
869-466-6677
This email address is being protected from spambots. You need JavaScript enabled to view it.
Basseterre
The Advance Caribbean group of companies is a leading provider of micro financing solutions throughout the Caribbean. We serve individuals as well as small businesses and micro enterprises with high-quality, innovative financial solutions. With offices in Antigua, St. Lucia, Barbados, St. Kitts, Nevis, St. Vincent and the Grenadines and having provided tens of thousands of small loans across the Caribbean, we hold an established and proven track record in providing micro-financing solutions to the region. Our management team combines a unique and long-standing expertise in financial services, entrepreneurship and operating experience.

Development Bank of St. Kitts & Nevis

development-bank-of-st-kitts
Biz Phone
869 465-2288
Basseterre
The Development Bank of St.Kitts and Nevis (DBSKN) was established by an Act of Parliament NO. 1 of 1981. The Act was further amended in April of 1983 by Parliament. The Bank is wholly owned by the Government of St.Kitts and Nevis, but it is fully autonomous and operates independently with a Board of Directors, General Manager, and a team of staff members. The Bank falls under the direct responsibility of the Minister of Finance, with the Bank's Manager having direct responsible for the day to day administration of the Bank. (see organizational chart). The Development Bank (DBSKN) is organized to provide financial and general credit services, for the purpose of achieving a reasonable rate of return on shareholders equity consistent with prudent risk exposure and the development objectives of the Institution. The Bank is primarily involved in lending to the following sectors: Tourism Related Ventures, Agro- industry, Manufacturing sectors, Agriculture, Education, and Housing. DBSKN also provides various types of short, medium-term loans, for personal development and Business Support Services for clients.

Republic Bank St. Kitts

republic-bank
Biz Phone
869-465-4141
Basseterre
Originally called Colonial Bank, we were born in 1837 as the first commercial bank in Trinidad and Tobago. Our 181-year history is testimony to a successful growth strategy fuelled by expansion through acquisition, prudent risk management principles, comprehensive and innovative corporate social investment programmes and initiatives, and visionary leadership paired with multitalented and loyal employees. Through the years, we continuously evolved to match the demands of growing economies and the rapid social changes in the markets where we currently operate. Significant expansion during this period, through the acquisition of several subsidiaries, resulted in Republic Bank performing dual roles of a licensed commercial bank and a holding company for its subsidiaries. While the roles were well managed, the Group needed a more sustainable structure to facilitate even more effective management and good governance given our current and future strategies. In December 2015, a decision was taken to form Republic Financial Holdings Limited by a Vesting Order, under the Financial Institutions Act, Chap 79:09, of the Laws of Trinidad and Tobago; successfully bringing the structure of the Republic Group in line with international best practices to facilitate future growth. Who we are today Headquartered in Trinidad and Tobago, Republic Financial Holdings Limited (RFHL) is the registered owner of all the banks in the Republic Group – Republic Bank Limited, Republic Bank (Guyana) Limited, Republic Bank (Barbados) Limited, Republic Bank (Grenada) Limited, Republic Bank (Suriname) N.V., Cayman National Corporation, Republic Bank (EC) Limited, Republic Bank (Anguilla) Limited, Republic Bank (St. Maarten) N.V. and Republic Bank (Ghana) Limited, as well as Republic Securities Limited and other subsidiaries. Across these markets, RFHL offers an extensive range of banking services, including credit and debit card issuance and processing, leasing, trustee services, mutual fund and investment management, and merchant banking. As at September 30, 2019, the Group’s asset base stood at US$13.09 billion, and declared a net profit after tax and non-controlling interest of US$237 million. The Group currently employs more than 6,166 staff in 20 subsidiaries operating in 13 countries. While the Group continues its journey of financial growth and development, and teamwork with the community to bring about positive change, it is pledged to continually raise the standards of banking locally, regionally, and internationally.

St. Kitts-Nevis-Anguilla National Bank

" Working Harder Today For a Brighter Tomorrow"

stkittsbank
Biz Phone
869-465-2204
This email address is being protected from spambots. You need JavaScript enabled to view it.
Basseterre
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.