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Banco Popular taking shape on Virgin Gorda

October 12th, 2019 | Tags: banking Banco Popular Virgin Gorda Andrew A. Fahie
With the Premier Andrew A. Fahie (R1) administration yet to name the official October 2019 opening date for Banco Popular on Virgin Gorda, the building for the much-needed service on the island is finally taking shape. Photo: Facebook
Internal photos of the building that will house Banco Popular on Virgin Gorda. Photo: Facebook
Internal photos of the building that will house Banco Popular on Virgin Gorda. Photo: Facebook
Premier and Minister of Finance, Honourable Andrew A. Fahie meets with representatives from Banco Popular in April 2019. He is accompanied by Minister for Natural Resources, Labour and Immigration 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. Photo: Ronnielle Frazer/GIS
Premier and Minister of Finance, Honourable Andrew A. Fahie meets with representatives from Banco Popular in April 2019. He is accompanied by Minister for Natural Resources, Labour and Immigration 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. Photo: Ronnielle Frazer/GIS
VALLEY, Virgin Gorda, VI - With the Premier Andrew A. Fahie (R1) administration yet to name the official October 2019 opening date for Banco Popular on Virgin Gorda, the building for the much-needed service on the island is finally taking shape.

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”

  • Finally (12/10/2019, 17:02) Like (4) Dislike (0) Reply
    wow, this is really good news
  • Yayyyy (12/10/2019, 18:33) Like (3) Dislike (1) Reply
    Finallyyyyyyyyyyyyyyyyyy!!!!!!!!!!
  • Mr. Entrepreneur (12/10/2019, 20:41) Like (3) Dislike (0) Reply
    This is amazing. I’ve been waiting for this for a long time now. Can’t wait to used their services
  • VG proud (13/10/2019, 07:44) Like (10) Dislike (0) Reply
    So appreciative to all who made this happen!

    We need to support this bank so that they will open 5 days a week.
  • facts (13/10/2019, 08:54) Like (5) Dislike (1) Reply
    The VIP GOVERNMENT AH WORK
  • Jimmy smith (13/10/2019, 10:00) Like (4) Dislike (7) Reply
    This kind of situations is what happens when we accept anything, you think that for the last forty years you have all four banks all located within distance from each other on wickhams cay, you think that by now these branch managers would see the need for not only providing services to the economically feasible sister islands, but major populated villages or areas on Tortola, for example East End and West End or strategically locations. No but we continue to support this improper service, just like everything else, and then some dumb ass on here blogging , that VIP at work for God sake.
  • good representation (13/10/2019, 12:47) Like (1) Dislike (1) Reply
    thanks to flacks and vincent


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