formerly Antigua Barbuda Investment Bank Ltd.
celebrated its
16th anniversary in March 2006. ABI is a member of the progressive ABI
Financial Group, a diverse organization whose companies specialize in domestic
and international banking, trusts, investments, insurance, real estate
development and tourism. The bank’s mission statement states that “ABI Bank
Ltd is committed to maximizing benefits and opportunities accruing to our
shareholders by providing creative, innovative and competitive products and
services while capitalizing on our relationships with our local, regional and
international affiliates.” The Bank operates from (3) branches Redcliffe
Street, Woods and Jolly Harbor, has (6) ATM’s and a staff complements of (107).
ABI has fast become a household name in Antigua & Barbuda, and continues to
expand by deepening its roots within home markets while exploring opportunities
abroad. The registered Principals in its investment department were the first
in the OECS region to be licensed to trade on the Eastern Caribbean Securities
Exchange (ECSE). Through its subsidiaries, ABI is the first OECS institution to
venture into the US financial market with the establishment of the Florida-based
ASD Brokerage and Investment Inc., which provides investment advice and
broker/dealer services. ABIB’s directors take seriously their corporate
responsibility and contribute generously to the economic, social and cultural
development of the nation. This is reflected in the Bank’s five Eastern
Caribbean Central Bank awards for Best Corporate Citizen and Good Corporate
Citizen among commercial banks in the OECS, in the last three years. ABI’s
asset base as at September 2005 was US$240.77 million.
Antigua Commercial Bank
General Manager: Mr. Gladston S. Joseph
Thames & St. Mary's
Streets , P.O. Box 95.
St. John's, ANTIGUA
Tel: (268) 481 4200/3, Fax: (268) 481 4229
E-Mail: gsjoseph@acbonline.com
CAIB Rep: Mrs. Denise Armstrong,
Assistant General Manager-Credit & Control
E-Mail:
darmstrong@acbonline.com
Antigua
Commercial Bank (ACB) was incorporated in 1955 with a share capital of
EC$100,000. It is the country's first indigenous bank and public company. ACB
is well known for its role in assisting local entrepreneurs and small business
people. Its subsidiary, ACB Mortgage and Trust Company Ltd, is the largest
indigenous provider of mortgage finance in the island. ACB aims "to be the
best financial services provider, creating wealth for its customers, investors,
staff and communities both regionally and beyond ". The Bank operates (2)
branches and (2) agencies and has the largest network of Automated Teller
Machines on the island (8). ACB’s staff complement is (110) and it is one of the
largest indigenous commercial banks in Antigua & Barbuda with an asset size of
US$253
million as at September 2005.
Bank of Antigua Ltd.
Managing Director: Mr. Kenny J. Byron
P.O. Box 315, St. John's, ANTIGUA
Tel: (268) 480 5300, Fax: (268) 480 5433
CAIB Rep: Mr. William
E McDavid, Senior Vice President
E-Mail: wmcdavid@stanfordeagle.com
Website: www.bankofantigua.com
Bank of Antigua was incorporated in February 1981
and began operations in November 1981. The bank was acquired by the Stanford
Financial Group in December of 1990, and operates three (3) strategically
located branches, a mobile unit, and (4) ATMs. The bank is currently staffed by
a complement of (97) employees, and its mission statement is: “To provide the
most friendly and efficient banking services to customers, and to achieve
continued growth and profitability”. Its asset base was US$161 million as at
December 2005.
Caribbean
Union Bank Ltd.
Chief Executive Officer:
Mr.
Vere Hill
P.O. Box W2010,
Friars Hill Road, St. John's, ANTIGUA
Tel: (268) 481 8271, Fax: (268) 481
8291
Email: vhill@cub.ag
Website:
www.caribbeanunionbank.com
Caribbean Union
Bank Ltd. was incorporated in Antigua on 24th August 2004 under the
Companies Act of Antigua and Barbuda No. 18 of 1995 and was granted a Domestic
Banking license on September 1st 2005. The Banks currently operates
from (1) branch at its Friars Hill address where it also has (2) ATM's on site,
a third ATM is on order for another branch in Jolly Harbour scheduled to be
opened within the first half of 2007. CUB currently employs (13) persons
including the management team of three. The Bank has (1) operational branch at
the above listed. CUB aim is to “embrace the vision of a unified Caribbean
economy and strive for excellence in financial services to support regional
development and create Caribbean wealth. We will be renowned for our passionate
pursuit of service levels that consistently exceed our customers' expectations
through a combination of our indigenous skills and the innovative use of modern
technology. We will enhance shareholder value and the well being of our
employees and community.” The principal functions of the Bank are to offer
financial services to both personal and corporate entities. The Banks asset base
as at September 2005 was US$1.97 million.
Global Bank of Commerce Ltd.
Chairman & Chief Executive Officer: Mr. Brian Stuart-Young
4 Woods Centre, P.O. Box W1803,
St. John's, ANTIGUA
Tel: (268) 480 2240, Fax: (268) 462 1831
Email: customer.service@gbc.ag
Website: www.globalbank.ag
Global Bank of Commerce Ltd (GBC) is a locally
owned and operated institution that has provided international financial
services from Antigua since April, 1983. It hosts strong technology driven
services, including internet banking, U.S. Dollar Demand Deposit Accounts,
Electronic Commerce facilities and Prepaid Card Services. The Bank embraces the
vision that it can provide globally competitive financial services products,
regardless of its size and geographic location. It has its corporate
headquarters at its Global Financial Centre on Friar’s Hill Road and a Branch
office at Global Commerce Centre on Old Parham Road, staffed by (36) employees,
and had a total asset base of US $74.4 million, shareholder equity of
US$8.1million, and a return on equity of 21% as at December 2005.
RBTT Bank Caribbean Limited
(Antigua)
Head- Barbados, Suriname & the Eastern Caribbean
Mr. David
Hackett
Country Manager: Mr. Marlon Rawlins
45 High Street, P.O. Box 1324, St. John's, ANTIGUA
Tel: (268) 462 4217, Fax: (268) 462 5040
Email:
marlon.rawlins@ag.rbtt.com
Website:
www.rbtt.com
RBTT Bank
Caribbean Limited’s parent group is RBTT Financial Holdings Limited, which
provides operating management support and controls financial and operating
management practices. The Bank offers high-quality and innovative, individual,
commercial and international banking services designed to meet the needs of
Caribbean people. RBTT Bank Caribbean has one branch and (1) ATM in Antigua. It
also has branches in St. Vincent, Bequia in the Grenadines and Saint Lucia.
Total assets of RBTT Bank Caribbean Limited (Antigua) as at December 2005 were
US$49.2 million. (Refer to RBTT Bank Limited, Trinidad for the asset base of
RBTT Financial Holdings Limited).
