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SAINT LUCIA



Bank of Saint Lucia Limited
Group Managing Director: Mr.
Robert Norstrom
Bridge Street, P.O. Box 1860, Castries, Saint Lucia
Tel: (758) 456 6000, Fax: (758) 456 6702
E-Mail:
bankofsaintlucia@candw.lc 
Website:
http://www.bankofsaintlucia.com/

Bank of Saint Lucia Limited started its operations in July 2001 following the merger of the National Commercial Bank of Saint Lucia Ltd and the Saint Lucia Development Bank.  The Bank along with its sister companies: Bank of Saint Lucia International Ltd and EC Global Insurance Company Ltd are subsidiaries of the East Caribbean Financial Holding Company Limited. The Bank’s vision is “to provide Global Growth from Local Roots” and its mission is “To be customer-focused, innovative and efficient, to be the preferred provider of superior financial products and services through caring, professional staff and appropriate technology, to exceed shareholder expectations and be a catalyst for development.” Bank of Saint Lucia Ltd currently operates a total of (5) branches and has (9) Automatic Teller Machines (ATMs), (4) Cash Dispensers with a staff compliment of (282) employees providing a wide range of financial and related services including corporate, retail, development and investment banking.  The Bank enjoyed a 54% market share and had an asset base of US$441 million as at December 2005.

1st National Bank St. Lucia Limited
Managing Director: Mr. G. Carlton Glasgow
21 Bridge Street, P. O Box 168, Castries, Saint Lucia
Tel: (758) 455 7000, Fax: (758) 453 1630
E-Mail:
manager@1stnationalbankslu.com

1st National Bank St. Lucia Limited is proud to be the first indigenous Bank in Saint Lucia having been incorporated in 1937 and commenced operations in 1938.  The institution has grown from a small savings and loans organization with share capital of EC $50,000.00 to a full service commercial bank with authorized share capital of EC $5 million. 1st National Bank St. Lucia Limited’s objective is to continue to provide the highest quality financial service, in order to satisfy the needs of its customers and the interests of shareholders, employees and the Saint Lucian public.  The Bank is committed to contributing towards the improvement of economic and social standards in Saint Lucia, and its growth has accelerated over the past six years from (4) to (6) business units by end of 2006, with a commensurate increase in staff complement to (87).  Located at strategic points around the island are (6)ATM’s.  The Bank had an asset base of US$96 million as at December 2005.

RBTT Bank Caribbean Limited (Saint Lucia)
Head – Barbados, Suriname & the Eastern Caribbean: Mr. David Hackett

Country Manager: Mrs. Mary Popo
22 Micoud Street, P.O Box 1531, Castries, Saint Lucia
Tel: (758) 452 2265, Fax: (758) 452 1668
E-Mail:
mary.popo@lc.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 (3) branches and (3) ATMs in Saint Lucia. It also has branches in St Vincent, Bequia in the Grenadines and Antigua. RBTT Bank Caribbean Limited (Saint Lucia) had an asset base of US$110.11 million as at December 2005. (Refer to RBTT Bank Limited, Trinidad for the asset base of RBTT Financial Holdings Limited.)

 

The Mutual Finance Inc.

General Manager: Mr. Rae Atkinson
P.O Box 1699, Sagicor Financial Centre

Choc Bay, Castries, Saint Lucia
Tel: (758) 452 4272, Fax: (758) 452 4279

Email: rae_atkinson@sagicor.com
Website:
www.sagicor.com

The Mutual Finance Inc., “MFI”, was incorporated on May 1998 under the Banking Act No. 7 of 1991.  The Company, which is staffed by (8) employees, is a subsidiary of Sagicor Life Inc. (formally The Barbados Mutual Life Assurance Society), a company founded in Barbados which owns 70% of the issued share capital.  The principal functions of MFI are to source funds primarily through the placement of Term Deposits and to use those funds to provide its customers with Lease and Premium Financing, Land Purchase loans, Vehicles, Machinery, Equipment & Personal loans.  In keeping with its parent company’s name change, MFI is also in the process of rebranding, and changing its name to Sagicor Finance Inc as the group continues its rationalization and expansion. MFI had an asset base of US$8 million as at December 2005.

 




Copyright Caribbean Association of Indigenous Banks
Caribbean Association of Indigenous Banks . Chakiro Court, Vide Bouteille, P.O. Box CP 5404, Castries, St. Lucia .
Telephone: (758) 452-2877 . Facsimile: (758) 452-2878 . CAIB@candw.lc


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