ST JOHN’S, Antigua – Bank depositors in the sub-region can look forward to a greater level of protection after the announcement that an Eastern Caribbean Deposit Insurance Corporation will be created.
Eastern Caribbean Central Bank (ECCB) Governor General Sir Dwight Venner revealed that a total of four new institutions will be established to help “stabilise and consolidate the financial sector” in the sub-region.
The other new bodies to be set up are: a Resolution Trust Corporation, Eastern Caribbean Stabilisation Fund and Eastern Caribbean Credit Bureau. Details on plans for the bodies were not revealed.
Related News
In keeping with the decision taken by Heads of Government at their 25th Regular Meeting in Grenada 4...
In keeping with the decision taken by Heads of Government at their 25th Regular Meeting in Grenada 4-7 July, the 18th meeting of the Bureau of the Conference of Heads of Government of the…
admin
NATURAL DISASTER IMPACT MITIGATION: STRENGTHENING NATURAL DISASTER WARNING SYSTEMS ACROSS VULNERABLE...
The tremendous loss of life and destruction caused by the earthquake and tsunami in the Indian Ocean region on 26 December 2004 have shocked the world at large and shattered the lives of many…
admin
CARICOM Secretariat, IMPACS webinar focuses on ‘Youth as Agents for Change in Crime Prevention’
‘Youth as Agents for Change in Crime Prevention’ will be the focus of a webinar that the Caribbean Community (CARICOM) Secretariat and the CARICOM Implementation Agency for Cr