Bank of Saint Lucia (BOSL) is elated to announce its big win at the 2024 ECCU Bank of the Year Awards, where the Bank won in four of the six award categories. This year, Bank of Saint Lucia received top honours in the areas of Financial Education & Empowerment, Corporate Social Responsibility, Support to MSMEs, and the prestigious Distinguished Bank of the Year Award—a remarkable achievement highlighting its recently launched […]
Kerian Clery, owner of Tastee Tinges in realizing her vision of business expansion scores two ‘firsts’. Ms. Clery was welcomed as the very first small business customer to benefit from the BOSL/ ECPCGC Guaranteed Loan programme. Ms. Clery has boasted that she is now able to expand her business and was given an opportunity to put up only 25% of the needed collateral. Bank of Saint Lucia’s partnership with the […]
ECCB Governor Timothy Antoine has described the implementation of digital currency within the Eastern Caribbean as a step toward improve the ease of commercial exchange, while reducing the need for physical currency. In February The Eastern Caribbean Central Bank (ECCB) and Barbados-based fintech company, Bitt Inc. (Bitt) came into a contractual agreement on launching a blockchain-issued Central Bank Digital Currency (CBDC) pilot within the Eastern Caribbean Currency Union (ECCU). This […]
The ECCB has taken a turn towards environmentally friendly commercial activity through the issuance of a new suite of polymer notes. At present currency in circulation throughout the Eastern Caribbean is printed on paper, with notes which have reached their maximum period of use disposed of through incineration. According to Resident Representative of the Eastern Caribbean Central Bank In St. Lucia Sharon Ferdinand, outside of the extended use of notes […]
