Membership of the CAIB is open to all banks in the Caribbean region or any country that is a member of CARICOM which have a majority ownership by the people and/or Governments of the Caribbean or CARICOM member states.

"Bank" means a financial institution incorporated for the purpose of conducting banking as its main business and includes Commercial Banks, Merchant Banks, Mortgages Banks and Development Banks, as well as Trust Companies and Leagues of Credit Unions.

Banks not meeting these criteria may qualify for associate membership as opposed to full membership.

Membership is in the name of the bank which is usually represented by its Chief Executive Officer.

In order for applications to be considered the following information must be submitted to the CAIB Secretariat in Castries, Saint Lucia.

• Memorandum & Articles of Association or Charter, as applicable.

• Certificate of Registration or Incorporation.

• Particulars of Shareholding.

• Audited Financial Statements for the financial year immediately preceding the financial year in which the application is made.

• Application or Registration Fee of US$250.

• New members are admitted by election at the Executive Committee which meets three or four times each year.

Why become a CAIB Member?

• CAIB is the voice of Caribbean Banks in the region and internationally.

• CAIB answers your compliance and business questions.

• CAIB assists you with your research needs.

• CAIB offers valuable networking opportunities.

• CAIB provides many publications to keep you informed. One of these is The Annual Magazine, Caribbean Account, published in the fourth quarter of the year and also allows you to advertise your services. The magazine attracts a small charge and provides comprehensive information on current issues and successes/challenges of members across the region.

• CAIB holds regionally recognized meetings on timely topics. One of these is our Annual Conference, hosted in a different country within the CARICOM Region in the fourth quarter of each year, primarily with the assistance of a cadre of distinguished sponsors.

• CAIB offers useful educational opportunities.

• Staff Exchanges are possible between members, within and between countries with a view to broadening staff knowledge and experience.

• CAIB opens doors to valuable relationships.

• Gain access to proprietary information, databases and discounts on products & services. Our Database of key ratios and statistics is compiled from our members’ Balance Sheets and Financial Statements, readily available through easy web access.

• CAIB provides Newsletters, on a monthly cycle, throughout the year. You may make literary contributions, use this for educational/research material for your staff and advertise services or job vacancies etc.

• CAIB offers specialized professional services to banks. Audit Services are manned by experienced and competent inspectors or audit officers drawn mainly from international banks.  The officials also have the ability to update, re-write or introduce procedures manuals. Business Process Re-engineering Services through professionals with regional and international banking backgrounds, who examine your processes and procedures, and recommend the implementation of changes aimed at cost savings, improved levels of efficiency, and most of all enhanced customer service.

• CAIB offers a Group Discounting/Bulk Purchasing Facility, with significant cost savings benefits.

Not a Member Yet? Click here to Sign Up!

 Click here to view CAIB BY-Laws