ECCB approves Royal Bank of Canada sale – CARICOM Business

(Photo via Dominica Vibes)

The Eastern Caribbean Central Bank (ECCB) has approved the sale of Royal Bank of Canada in the territories of the Eastern Caribbean.

Governor Timothy Antoine of the Eastern Caribbean Central Bank has confirmed that RBC assets will be sold to a consortium of indigenous banks within the Eastern Caribbean Currency Union (ECCU) jurisdiction, viz. 1st National Bank (St. Lucia), Antigua Commercial Bank, National Bank of Dominica, Bank of Montserrat, and Bank of Nevis.

Extract from CARICOM BUSINESS Vol. 4 No. 7

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