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'VI needs greater access to funds to successfully recover'- Premier Smith
ROAD TOWN, Tortola, VI- “My meetings in Washington DC were positive and secured confirmations from partners such as the CDB and the EU to support finding responsible ways to fund our recovery,” stated Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL) on October 19, 2017.
US Treasury awards more than $4.4M for small businesses in USVI
VI CONSORTIUM
CHARLOTTE AMALIE, St Thomas, USVI— The US Treasury Department today September 27, 2016 announced that the US Virgin Islands (USVI) has received $4,477,239 in State Small Business Credit Initiative (SSBCI) funds to help small businesses access the capital they need to grow and create jobs, according to a release issued by the Treasury.
Young man in court for defaulting on CIBC FirstCaribbean Intl Bank loans
ROAD TOWN, Tortola, VI – A young man received a strong reprimand from Magistrate Ayana Baptiste-DaBreo about hanging his hat where his hand can't reach, as he is now in a pickle to repay loans taken from CIBC FirstCaribbean International Bank in the amount of over $7,000.
Business Bureau loan initiative not done in isolation – Premier
ROAD TOWN, Tortola, VI – The National Business Bureau is not being done in isolation but is instead part of the work of the entire government, according to Premier of the Virgin Islands Dr The Hon. D. Orlando Smith.
“Nothing is off the table” in conducting business – NBVI Board Chairman
ROAD TOWN, Tortola, VI – Chairman of the Board of the National Bank of the Virgin Islands, Mr Clarence Faulkner is assuring stakeholders that the bank is adequately capitalised, but emphasised that the bank is never at a point where it is “just sitting back comfortably”.
Neil Smith: Circumstances had prevented me from consolidating debt!
ROAD TOWN, Tortola, VI - Appearing before the 2012 Standing Finance Committee (SFC) to discuss the Virgin Islands’ financial situation Financial Secretary, Neil Smith briefed members of the House select Committee on revenue estimates, loans, debt and challenges.
Some VI banks are worse than the mafia – Hon. Christopher
ROAD TOWN, Tortola, VI – Most of the lending institutions in the Virgin Islands make it difficult for people to get loans, which something 2nd district representative Alvin Christopher wants Government to address.
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