News

Statement on FICS by Bank of Saint Lucia and 1st National Bank

The Bank of Saint Lucia Limited and 1st National Bank Saint Lucia Limited, clients of Financial Investment and Consultancy Services Limited (FICS), have been monitoring developments with the institution relating to the Eastern Caribbean Central Bank’s (Central Bank’s) appointment of an Official Administrator. Having met the Official Administrator and considered the issues being addressed by the Administrator, we are encouraged that there is a strategy in place for strengthening FICS’ operations and have committed our continued support of the organisation.

Our confidence in this process is strengthened by the fact that we are aware that the Central Bank has successfully undertaken similar interventions in the region; accordingly, we look forward to the success of this process.

Leave a Reply

Your email address will not be published. Required fields are marked *

Send this to a friend