ECCB ORDERS INDEPENDENT AUDIT OF REPUBLIC BANK AMID DELAYED TRANSACTION DEBACLE

The Eastern Caribbean Central Bank (ECCB) has announced it is commissioning an independent audit of Republic Bank (EC) Limited after over 12,000 customers had their accounts improperly debited due to delayed processing of transactions dating back to 2022. In a strongly-worded statement, the ECCB called the situation “downright unsatisfactory” and stated it has caused hardship … Continued

BELLOWS INTERNATIONAL JOINS CARIBBEAN CELLARS BVI

Bellows international is now in the British Virgin Islands. They have proudly expanded over into the British Virgin Islands under the name Bellows International BVI. Bellows International has operated in the USVI for over 30 years and now quickly making an impact in the BVI, acquiring the Diageo portfolio which includes mega brands like Johnnie … Continued

CAREY OLSEN GIVES BACK TO COMMUNITY

This past week the office of Carey Olsen in the British Virgin Islands proudly gave back to the BVI Community. The agency said, “At the end of 2023, instead of making traditional gifts to our business clients, Carey Olsen (BVI) L.P. opted to make donations to five remarkable local charities chosen by our staff from … Continued

BVIAA UNVEILS NEW LOGO

The BVI Airports Authority marked a new era today with the unveiling of its rebranded identity and logo. The event highlighted the significance of the visual rebrand and recognized the collaborative effort behind its creation. Kurt Menal, Managing Director of the BVI Airports Authority, opened the ceremony by emphasizing the importance of the rebranding initiative. … Continued

RTW SET TO LAUNCH NEW CUSTOMER SERVICE CENTRE

Next week, Roadtown Wholesale Trading Ltd. will officially launch a new arm of their wholesale services with a Customer Service Centre located on their Pasea Estate compound. This launch will include a week-long celebration from 29th April with a grand culmination activity on 3rd May. The launch will seek to acclimatize the business community with … Continued

CARIBBEAN DEVELOPMENT BANK PRESIDENT RESIGNS AMID INVESTIGATIONS

Dr. Hyginus ‘Gene’ Leon has resigned with immediate effect from his position as president of the Barbados-based Caribbean Development Bank (CDB). The surprising resignation comes after months of being placed on administrative leave as an internal investigation proceeded at the regional financial institution. In a three-page letter sent to the CDB by his St. Lucian … Continued