Banco Popular taking shape on Virgin Gorda
The bank was originally scheduled to open in August 2019, however, this was delayed to October 2019 following some setbacks with the building. Now, Premier Fahie in a social media post yesterday, Friday, October 11, 2019, manage to share a photo of the building ahead of its opening.
"What a pretty sight in Virgin Gorda. Promise delayed but not denied. Physical banking facility will soon be a reality once again in VG. Persistence always beats resistance," Hon Fahie said in the caption.
No Bank for over a year
Since August 2018, Virgin Gorda has been without a physical bank following the departure of Scotiabank under the National Democratic Party (NDP) administration. CIBC FirstCaribbean had closed months earlier with FirstBank being first banking facility to exit the Sister Island.
In May 2019, during a speech in the HoA, Premier Fahie had made it a promise of his administration that banking would return to Virgin Gorda this year.
The Premier had credited At-Large Representative, Hon Shereen D. Flax-Charles (AL) in addition to Minister for Natural Resources, Labour and Immigration and Ninth District Representative Hon Vincent O. Wheatley (R9) along with Junior Minister for Trade and Economic Development, Honourable Sharie B. deCastro (AL) for their efforts in helping to restore the much-needed facility on Virgin Gorda.
Banco Popular is a financial services provider with operations in Puerto Rico, the United States, the Caribbean and Latin America.
9 Responses to “Banco Popular taking shape on Virgin Gorda”
We need to support this bank so that they will open 5 days a week.