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ECCB Connects Press Releases

  • Published on October 2, 2024 - 19:10 GMT

    Caribbean Countries Establish Interim Regulatory Commission for Citizenship by Investment Programmes

    BASSETERRE, SAINT KITTS AND NEVIS, October 2, 2024 /⁨EINPresswire.com⁩/ -- The Caribbean countries that offer Citizenship by Investment Programmes (CIP/CBI) have taken a practical step towards the establishment of a regional regulator by appointing an Interim Regulatory Commission (IRC). The establishment of a regional regulator is a key provision in the Memorandum of Agreement (MOA), which was published in March 2024. Once formally established through the enactment of enabling legislation in the …

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  • Published on August 7, 2024 - 22:36 GMT

    Grenada’s 50th Independence Anniversary Commemorative Banknote to begin Circulation

    BASSETERRE, ST KITTS, ST KITTS AND NEVIS, August 7, 2024 /⁨EINPresswire.com⁩/ -- The Eastern Caribbean Central Bank (ECCB) in collaboration with the Government of Grenada has issued a $50 circulation banknote, in limited supply, to commemorate Grenada’s 50th anniversary of independence (golden jubilee). The $50 commemorative banknote is printed on polymer and is the same size as the $50 banknote series currently in circulation. The banknote is legal tender which means it could and should be used for …

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  • Published on August 2, 2024 - 20:04 GMT

    ECCB Issues 40th Anniversary Commemorative Stamps

    BASSETERRE, SAINT CHRISTOPHER (ST KITTS) AND NEVIS, August 2, 2024 /⁨EINPresswire.com⁩/ -- The Eastern Caribbean Central Bank (ECCB) announces the issuance of its 40th anniversary commemorative stamps. The stamps are now in circulation in the six independent ECCB member countries: Antigua and Barbuda, The Commonwealth of Dominica, Grenada, Saint Christopher (St Kitts) and Nevis, Saint Lucia and Saint Vincent and the Grenadines. Two sheets of stamps will be available to each country. A quantity of ‘ …

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  • Published on July 26, 2024 - 16:25 GMT

    Communiqué of the 108th Meeting of the Monetary Council of the Eastern Caribbean Central Bank

    BASSETERRE, ST KITTS AND NEVIS, July 26, 2024 /⁨EINPresswire.com⁩/ -- The One Hundred and Eighth (108th) Meeting of the Monetary Council of the Eastern Caribbean Central Bank (ECCB) was held on 19 July 2024 at the Aurora Anguilla Resort and Golf Club following the Ceremony to Mark the Change in Chairmanship of the Monetary Council. 1.0 Monetary Stability The Monetary Council received the Governor’s Report on Monetary, Credit and Financial Conditions in the Eastern Caribbean Currency Union (ECCU). The …

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  • Published on July 26, 2024 - 16:22 GMT

    Premier of Anguilla Assumes Chairmanship of ECCB Monetary Council

    Dr Ellis L Webster, the Honourable Premier of Anguilla, is the new Chairman of the Monetary Council of the Eastern Caribbean Central Bank. BASSETERRE, ST KITTS, ST KITTS AND NEVIS, July 26, 2024 /⁨EINPresswire.com⁩/ -- Dr Ellis L Webster, the Honourable Premier of Anguilla, assumed chairmanship of the Monetary Council of the Eastern Caribbean Central Bank (ECCB) following an official Handing Over Ceremony on 19 July at the Aurora Anguilla Resort and Golf Club. Premier Webster succeeded the Outgoing …

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  • Published on July 24, 2024 - 17:03 GMT

    ECCB Monetary Council Convenes 108th Meeting in Anguilla

    Governor of the ECCB, presented the Report on Monetary, Credit and Financial Conditions in the ECCU, during the 108th Meeting of the ECCB Monetary Council. BASSETERRE, ST KITTS, ST KITTS AND NEVIS, July 24, 2024 /⁨EINPresswire.com⁩/ -- Governor of the Eastern Caribbean Central Bank (ECCB), Timothy N. J. Antoine, presented the Report on Monetary, Credit and Financial Conditions in the Eastern Caribbean Currency Union (ECCU), during the 108th Meeting of the ECCB Monetary Council convened at the Aurora …

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  • Published on July 16, 2024 - 19:55 GMT

    ECCB DISBURSES $2 MILLION IN GRANT FUNDS TO ITS MEMBER COUNTRIES AFFECTED BY HURRICANE BERYL

    The Eastern Caribbean Central Bank has disbursed grant funding, in the sum of EC$1.0m each, to Grenada and Saint Vincent and the Grenadines. BASSETERRE, ST KITTS AND NEVIS, July 16, 2024 /⁨EINPresswire.com⁩/ -- The Monetary Council of the Eastern Caribbean Central Bank (ECCB), acting on the recommendation of the ECCB Board of Directors, has disbursed grant funding, in the sum of EC$1.0m each, to Grenada and Saint Vincent and the Grenadines. The grant will support the ECCU countries’ critical relief …

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  • Published on July 8, 2024 - 20:44 GMT

    ECCB Commemorates 48 Years of EC Dollar Peg

    After 48 years of being pegged to the US Dollar at a fixed rate of EC$2.70 to US$1.00, the EC Dollar remains strong and stable. BASSETERRE, ST KITTS, ST KITTS AND NEVIS, July 8, 2024 /⁨EINPresswire.com⁩/ -- After 48 years of being pegged to the US Dollar at a fixed rate of EC$2.70 to US$1.00, the EC Dollar remains strong and stable. Governor of the Eastern Caribbean Central Bank (ECCB), Timothy N. J. Antoine says the strength and stability of the EC Dollar is a tremendous source of pride for the Eastern …

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  • Published on June 3, 2024 - 19:55 GMT

    EC$2 Commemorative Banknote Wins International Awards

    The Eastern Caribbean Central Bank (ECCB) is the proud recipient of two global awards for its 40th Anniversary $2 Commemorative Banknote. BASSETERRE, ST. KITTS & NEVIS, June 3, 2024 /⁨EINPresswire.com⁩/ -- The Eastern Caribbean Central Bank (ECCB) is the proud recipient of two global awards for its 40th Anniversary $2 Commemorative Banknote, which was launched in Antigua and Barbuda on 1 December 2023. The ECCB captured the 2023 ‘Bank Note of the Year’ award from the International Bank Note …

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The Eastern Caribbean Central Bank (ECCB) was established in October 1983. It is the Monetary Authority for a group of eight island economies namely - Anguilla, Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, Saint Christopher (St Kitts) and Nevis, Saint Lucia, and Saint Vincent and the Grenadines. The Agreement establishing the ECCB as the monetary authority for the eight ECCB participating governments, was signed on 5 July 1983 in Trinidad and Tobago. The ECCB was officially commissioned on 1 October 1983, replacing the Eastern Caribbean Currency Authority (ECCA) which was established in March 1965. The primary objective of the ECCB is to maintain the stability of the Eastern Caribbean Currency and the integrity of the banking system. Signing of the ECCB Agreement 5 July 1983 : L-R: Hon Lester Bird - Deputy Prime Minister, Antigua and Barbuda; Hon Maurice Bishop - Prime Minister, Grenada; Hon John Osborne - Chief Minister, Montserrat; Mr Cecil Jacobs - Governor, ECCB; Mr Vaughn Lewis - Director General - OECS; Hon Dame Mary Eugenia Charles - Prime Minister, Commonwealth of Dominica; Hon Kennedy Simmonds - Prime Minister, Saint Christopher (St Kitts) and Nevis; Hon John Compton - Prime Minister, Saint Lucia; Hon Milton Cato - Prime Minister, Saint Vincent and the Grenadines. Anguilla became a full member of the ECCB on 1 April 1987.

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