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CIBC FirstCaribbean to sell its banking assets in four OECS countries and Aruba

Bridgetown, Barbados 12th October 2021. FirstCaribbean International Bank Limited has announced that its wholly-owned subsidiary, FirstCaribbean International Bank (Barbados) Limited (“FCIB Barbados”), has agreed to sell its banking assets in St. Vincent, Grenada, Dominica and St. Kitts to: The Bank of St. Vincent and the Grenadines More...

by The Publisher | Published 10 months ago
By The Publisher On Saturday, September 25th, 2021
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We as a country can manage our own Central Bank

Dear Editor, I am not a person of the media, but as a born St. Maartener and professional, I have decided to speak out on this matter as I am feeling very belittled and insulted by the comments made by MP More...

By The Publisher On Tuesday, September 21st, 2021
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Central Bank shoots down Parman’s objections against the sale of Banco di Caribe

WILLEMSTAD — Ennia Caribe Holding (ECH) is not authorized to sell Banco di Caribe (BdC), its shareholder Parman International said in a press release, but this claim was quickly neutralized by the Central More...

By The Publisher On Saturday, September 18th, 2021
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United Group buys Banco di Caribe

PHILIPSBURG — Banco di Caribe has been sold to the Curacao-based United Group Holdings for an undisclosed amount of cash, the Central Bank of Curacao and St. Maarten (CBCS) announced in a press release. The More...

By The Publisher On Tuesday, September 7th, 2021
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Chamber of Commerce wants to dissolve more than 500 companies

PHILIPSBURG — The Chamber of Commerce has announced its proposal to dissolve more than 500 businesses and thereby taking them off their registry. The complete list of affected businesses has been published More...

By The Publisher On Wednesday, August 25th, 2021
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CIBC FIRSTCARIBBEAN SIGNS ON FOR THREE MORE YEARS OF SUPPORT TO UWI

Bridgetown, Barbados, 25 August 2021 – CIBC FirstCaribbean has officially extended its partnership with The University of the West Indies, Cave Hill Campus with the signing of a memorandum of understanding for More...

By The Publisher On Saturday, July 31st, 2021
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Central Bank annual report: Economy (maybe) back to pre-pandemic levels in 2024

PHILIPSBURG — St. Maarten’s real Gross Domestic Product declined by 22.4 percent in 2020. Curacao saw a drop of 19.3 percent it appears from the 2020 annual report of the Central Bank of Curacao and St. More...

By The Publisher On Tuesday, July 20th, 2021
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Dedicated to Arts and to Education, CIBC FirstCaribbean supports Youth Programs

Philipsburg  – INDISU Dance Theater of St. Maarten students will be heading to Los Angeles in just ten days to attend the International Festival, Dance Excellence. The festival brings together young dancers More...

By The Publisher On Wednesday, June 9th, 2021
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Central Bank considers selling Banco di Caribe

WILLEMSTAD — The Central Bank of Curacao and St. Maarten considers putting the shares of Banco di Caribe up for sale in an effort to generate revenue for the restructuring of insurance company Ennia. The More...

By The Publisher On Thursday, May 13th, 2021
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ABN-AMRO pacifies clients in St. Maarten

PHILIPSBURG — The ABN-AMRO bank has temporarily withdrawn its intention to terminate relationships with clients who live outside of the European Economic Area. The measure would have affected account holders More...