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Bank of Antigua was an Antigua-based bank that was owned by the Stanford Financial Group and was central to the Ponzi scheme run by Allen Stanford. It was originally formed on the 10 February 1981 in St. John's. When the Ponzi scheme was exposed in 2009, the bank was taken over by the Eastern Caribbean Central Bank (ECCB) on 20 February 2009. [1]
The Eastern Caribbean Central Bank (ECCB) [2] is a supranational central bank that serves Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines, all members of the Organisation of Eastern Caribbean States (OECS) that use the ECCB-issued Eastern Caribbean Dollar as their currency.
Central bank Peg Anguilla: East Caribbean dollar: XCD: Eastern Caribbean Central Bank: 2.70 XCD = 1.00 USD Antigua and Barbuda Dominica Grenada Montserrat Saint Kitts and Nevis Saint Lucia Saint Vincent and the Grenadines Aruba: Aruban florin: AWG: Central Bank of Aruba: 1.79 AWG = 1.00 USD Bahamas: Bahamian dollar: BSD: Central Bank of The Bahamas
List of governors of the Eastern Caribbean Central Bank No. Governor Nationality In office Ref. 1 Sir Cecil Jacobs: Saint Kitts and Nevis: 5 July 1983 1989 [2] 2 Sir K. Dwight Venner: Saint Vincent and the Grenadines: December 1989 November 2015 [3] 3 Timothy Antoine: Grenada: February 2016 present [4]
CAF - Development Bank of Latin America and the Caribbean, formerly the Andean Development Corporation (or Corporación Andina de Fomento), is a Caracas based development bank whose mission is to promote sustainable development and regional integration in Latin America and the Caribbean, through the financing of projects of the public and private sectors, the provision of technical cooperation ...
Stanford International Bank was a bank based in the Caribbean, which operated from 1986 to 2009 when it went into receivership. It was an affiliate of the Stanford Financial Group and failed when its parent was seized by United States authorities in early 2009 as part of the investigation into Allen Stanford .
The Eastern Caribbean Central Bank (ECCB) issues a common currency (the East Caribbean dollar) for all members of the ECCU. The ECCB also manages monetary policy, and regulates and supervises commercial banking activities in its member countries. Antigua and Barbuda is a beneficiary of the U.S. Caribbean Basin Initiative. Its 1998 exports to ...
The Eastern Caribbean Securities Exchange (ECSE) is the first regional securities market in the Western Hemisphere and a regional stock exchange, established by the Eastern Caribbean Central Bank (ECCB) to serve the eight member territories of Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines.