Banking and Finance

Micro –Financing In Agriculture Seminar Begins

June 15, 2009 … Come, Tuesday June 16, 2009 individuals wishing to become involved in the agricultural sector would be a step closer to receiving assistance when they meet with financiers and other technical officers at a Micro-Financing Seminar for Agriculture and Agro –Industry.

This, seminar set for the Fisheries Division, Point Wharf, at 9 am seeks to improve farm businesses, the National Gross Domestic Product (GDP) and Food Security.

The First Ever Global Telesummit for Financial Professionals

St. John's, Antigua. June 14 2009 – The first ever virtual summit for accountants, CPA’s, book-keepers, financial and tax professionals and consultants and other professionals in the financial industry will be held the week of June 15-19 2009.

The intention of this free and totally online summit is to encourage and motivate financial professionals to change the way they do business in this changing world.

ECCB Addresses Bank of Antigua Issue

The Eastern Caribbean Central Bank has noted with concern the situation surrounding the Stanford International Bank, an offshore bank registered in Antigua and Barbuda with international affiliates.

The Bank of Antigua, which is owned by the Stanford Group is not an offshore institution. It is a domestic bank licensed under the Banking Act of Antigua and Barbuda and Regulated by the Eastern Caribbean Central Bank.

Our inspections reveal that the bank is sound and has been compliant with the rules and regulations under the Banking Act.