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Press Release From Independent Source

Banco Popular heading to VG in August 2019

Premier and Minister of Finance, Honourable Andrew A. Fahie (R1) has announced that the banking institution, Banco Popular will be offering full banking services to the Virgin Gorda community beginning August 2019. Photo: GIS
ROAD TOWN, Tortola, VI - Premier and Minister of Finance, Honourable Andrew A. Fahie (R1) has announced that the banking institution, Banco Popular will be offering full banking services to the Virgin Gorda community beginning August 2019.

In a press release from the Government Information Service (GIS) dated April 3, 2019, Premier Fahie said, “Following a series of meetings with representatives from Banco Popular, your government was successful in negotiating a banking solution for the residents and visitors on the sister island.”

The banking institution is projected to begin services by August 2019 by offering full services 2-3 days a week.

Premier Fahie was accompanied by Minister for Natural Resources and Labour and Representative for the Ninth Electoral District, Honourable Vincent O. Wheatley and Junior Minister for Tourism and Territorial At-Large Representative, Honourable Shereen D. Flax-Charles during the meetings.

Following the closure of the Scotia Bank branch on Virgin Gorda in  September last year, discussions had been ongoing with several institutions to provide an alternate banking solution for the residents and visitors on the sister island.

Banco Popular is a financial services provider with operations in Puerto Rico, the United States, the Caribbean, and Latin America.

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