Caribbean Financial Network

National Peoples Co-operative Bank of Jamaica Limited

"Committed To Growth & Development"

nat-pc-cu
Biz Phone
876-961-0278
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Mandeville
The National People’s Co-operative Bank (NPCB) vision is to be the leading jamaican co-operative financial institution offerings quality products, world class service and adding value to our members. What is now the National Peoples Co-operative Bank of Jamaica Limited first began when on the 19th of April 1905 the first loan society (as it was then called) was launched in Christiana, Manchester by Mr. Jock Palache, a French Canadian who worked in the Island as an Agricultural Extension Officer. Following a successful start another P.C Bank was set up in Mile Gully on June 21, 1905. Both were registered under the Industrial and Provident Society Law #33 of 1902. The initial objective of the PC Bank was to carry on the business of the Banker, Bill Discounter and a Dealer in Stocks, Shares, Bonds Debentures, Mortgages, and other Securities and to make advances for Cooperative and agricultural purposes. Since the start of operations, the PC Banks were mainly engaged in the provision of financing for agricultural purposes.

Republic Bank St. Kitts

republic-bank
Biz Phone
869-465-4141
Basseterre
Originally called Colonial Bank, we were born in 1837 as the first commercial bank in Trinidad and Tobago. Our 181-year history is testimony to a successful growth strategy fuelled by expansion through acquisition, prudent risk management principles, comprehensive and innovative corporate social investment programmes and initiatives, and visionary leadership paired with multitalented and loyal employees. Through the years, we continuously evolved to match the demands of growing economies and the rapid social changes in the markets where we currently operate. Significant expansion during this period, through the acquisition of several subsidiaries, resulted in Republic Bank performing dual roles of a licensed commercial bank and a holding company for its subsidiaries. While the roles were well managed, the Group needed a more sustainable structure to facilitate even more effective management and good governance given our current and future strategies. In December 2015, a decision was taken to form Republic Financial Holdings Limited by a Vesting Order, under the Financial Institutions Act, Chap 79:09, of the Laws of Trinidad and Tobago; successfully bringing the structure of the Republic Group in line with international best practices to facilitate future growth. Who we are today Headquartered in Trinidad and Tobago, Republic Financial Holdings Limited (RFHL) is the registered owner of all the banks in the Republic Group – Republic Bank Limited, Republic Bank (Guyana) Limited, Republic Bank (Barbados) Limited, Republic Bank (Grenada) Limited, Republic Bank (Suriname) N.V., Cayman National Corporation, Republic Bank (EC) Limited, Republic Bank (Anguilla) Limited, Republic Bank (St. Maarten) N.V. and Republic Bank (Ghana) Limited, as well as Republic Securities Limited and other subsidiaries. Across these markets, RFHL offers an extensive range of banking services, including credit and debit card issuance and processing, leasing, trustee services, mutual fund and investment management, and merchant banking. As at September 30, 2019, the Group’s asset base stood at US$13.09 billion, and declared a net profit after tax and non-controlling interest of US$237 million. The Group currently employs more than 6,166 staff in 20 subsidiaries operating in 13 countries. While the Group continues its journey of financial growth and development, and teamwork with the community to bring about positive change, it is pledged to continually raise the standards of banking locally, regionally, and internationally.

Laborie Co-operative Credit Union Ltd

"We are not a Bank, We are better"

Biz Phone
758-459-6900
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Laborie
The initial operations of the Credit Union were conducted only on Saturday mornings at the shop of Mrs. Vida Darcheville and later at the Laborie Village Council Office. In 1979, the business was relocated to the Laborie Community Centre, where it remained until 1992. That year, with the assistance of Mr. Allan Renee it acquired its own building and moved to new premises on Allan Louisy Street. In 1999, the Laborie Credit Union opened a branch in Augier. The Laborie Co-operative Credit Union was established in August 1976 and registered on 22nd May, 1981. The idea was conceptualized after a number of community consultations and the recognition that the community needed to mobilize its financial and human resources on a self-help basis, for the development and improvement of the quality of life of the people of Laborie.

Commonwealth National Bank

blackbankcommonwealth
Biz Phone
251-476-5938
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Commonwealth opened its doors in 1976. We are a full-service nationally-chartered commercial bank. We are one of only 15 black-owned banks remaining in the country, and one of only 5 black-owned banks regulated by the Office of the Comptroller of Currency. Moreover, out of the 45 banks doing business in the City of Mobile, we are the only one headquartered here. Commonwealth is one of only 144 Minority Depository Institutions (“MDIs”) in the country, as defined in Section 308 of the Financial Institutions Reform, Recovery and Enforcement Act of 1989. We are the only MDI headquartered in the City of Mobile and one of only two headquartered in the State of Alabama. MDIs play a unique role in promoting the economic viability of underserved communities

Bank and General Workers' Credit Union

bank-and-general-ccu
Biz Phone
868-627-8549
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Port of Spain
Mission To promote a better quality of life for our members and their families by encouraging a spirit and practice of thrift self-help and co-operation

Scotiabank Guyana

scotia-bank
Biz Phone
592.223.4357
As Canada’s most international bank, Scotiabank has been operating in Guyana since 1968. Today we operate five branches across the country and offer a complete range of retail and commercial banking services — including online banking and electronic cash management. Scotiabank opened its first Guyanese branch in the capital city of Georgetown in 1968. With the five branches strategically placed throughout the country, Scotiabank continues to offer a complete range of retail and commercial banking, including electronic cash management and Merchant Services. The Bank also offers business banking services to small- and medium-sized businesses. Scotiabank is a strong supporter of various community initiatives. Scotiabank Guyana’s contributions range from sports causes and HIV/AIDS, to education and arts and culture with a focus geared towards children, non-profit organisations, and the aged. Our Purpose: To be the best at helping our customers become financially better off.

Victoria Mutual

victoria-mutual
Biz Phone
876 754-8627
Kingston 10
Victoria Mutual began operations with The Victoria Mutual Building Society (VMBS) which was first opened its doors in 1878. Our founders, a group of Clergymen, led by then Rector of the Kingston Parish Church, Reverend G.W. Downer, formed VMBS with a vision of "meeting the needs of the deserving thrifty". VMBS' founding fathers had a goal of finding a way to partner with industrious, but financially excluded Jamaicans, to assist them with savings and home acquisition. Recognising that the needs of its Members have continued to change over the years, Victoria Mutual has sought to remain abreast of these changes, with a view to ensuring that its product and service offerings remain relevant and meet the needs of Members and customers. This has resulted in the expansion of its service offerings beyond the traditional savings and loans to include wealth management, money transfer services, real estate services and general insurance through our strategic business units.

Royal Bank

rbc-royal
Biz Phone
1 888 847-5803
RBC’s history in the Caribbean goes back a long way. In fact, the Bank established branches in the Caribbean before some of Canada's western provinces. RBC’s roots began when a group of merchants from Halifax, Nova Scotia who were engaged in the thriving sea-going trade between Halifax and the West Indies formed the Merchant's Bank in 1864. In those days Canadian southbound ships carried mainly flour, codfish and timber, returning north with their cargoes of sugar, rum, cotton and spices. Through branches established in all major trade centres in the Caribbean, RBC offered valuable facilities for promoting trade. Early days The Bank's first venture south was Bermuda in 1882 followed by Cuba in 1899. By 1914, the Bank's international network included Puerto Rico, Bahamas, Trinidad, Jamaica, Dominican Republic, Barbados, British Honduras (now Belize) and Grenada. In that same year, RBC purchased the British Guiana Bank that had opened in 1836. By 1984 the Bank had opened a total of 15 branches in Guyana (formerly British Guiana) but in November 1984 RBC ceased to operate there. The Bio-diversity Centre in Georgetown, created to study Guyana's largely intact rain forest, was built with funds from RBC's operations in Guyana, since foreign exchange restrictions made it impossible to take them out of the country. Expanding through the Caribbean In 1915, branches were established in three Eastern Caribbean islands - Dominica, Antigua and St. Kitts. Between 1917 and 1920 the bank opened branches in Nevis, Montserrat, Tobago, Martinique, Guadeloupe, Haiti and St. Lucia. Branches were subsequently opened in St. Vincent in 1959 and Grand Cayman in 1964. By 1996, RBC, or its subsidiaries, had consolidated its operations with 1,190 employees in Antigua, Bahamas, Barbados, Cayman Islands, Dominica, Montserrat, St. Kitts and St. Lucia. In 2002, management of the entire area of eight countries and 14 islands was moved to Nassau, Bahamas from Toronto, Canada, with a regional office in Barbados. In 2008, RBC completed the purchase of RBTT Financial Group and created one of the most extensive banking networks in the Caribbean. Today RBC has a presence in 17 countries and territories across the Caribbean, stretching from the Bahamas in the North to Trinidad and Tobago in the South, serving over one million clients. RBC’s Caribbean headquarters are based in Port-of-Spain, Trinidad.