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January 27th, 2024
VI Deposit Insurance Corporation launched to usher in new era of Financial Security

ROAD TOWN, Tortola, VI - The Ministry of Finance has announced the establishment of the Virgin Islands Deposit Insurance Corporation (VIDIC), a crucial step towards enhancing financial security for depositors within the Territory of the Virgin Islands.

September 21st, 2023
‘Some doing well, others catching hell!’- Banks & Insurance blasted over local treatment

ROAD TOWN Tortola, VI - Leader of the Opposition in the Virgin Islands (VI) House of Assembly (HoA), Hon Ronnie W. Skelton (AL) while speaking under other business in the 5th House of Assembly (HoA) on Tuesday, September 19, 2023, lambasted local insurance companies and banks in the territory.

April 11th, 2022
Woman attacked by dog near bank in RT

ROAD TOWN, Tortola, VI- There have been reports of dog attacks in the Virgin Islands happening mostly in residential areas; however, a recent dog attack allegedly occurred in a busy commercial area of Road Town, the capital city.

May 1st, 2021
The ruling bank

Dickson C. Igwe

Banking rests upon public confidence. And central banks are the platform that sits beneath the world economy. Without the Central Bank, there would be no modern economy as we know it. Central banks drive the financial world, and finance is the software of the global economy.

October 8th, 2020
Attempt allegedly made to steal $$ from night depository @ First Caribbean Bank

ROAD TOWN, Tortola, VI- Reports just reaching Virgin Islands News Online (VINO) are that there was an attempt to breach a night deposit facility at First Caribbean International Bank in Road Town, Tortola, over the past weekend.

February 6th, 2018
Banks already have buyers lined up to purchase property in default- Hon Christopher

ROAD TOWN, Tortola, VI - During the Fifth District Recovery and Development Plan public consultation meeting held at Althea Scatliffe Primary School on February 5, 2018, Fifth District Representative Honourable Delores Christopher pleaded with the Premier and Minister of Finance, Dr The Honourable D. Orlando Smith (AL), to investigate banks that are selling people's properties who cannot pay for them quickly enough.

January 12th, 2016
Hong Kong businessman seeking to open bank in VI

ROAD TOWN, Tortola, VI- A prominent Hong Kong businessman is reportedly seeking to open a bank here in the Virgin Islands sometime later this year.

October 30th, 2015
The tape does not lie! Premier Smith did say $90M in bank!

ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr The Honourable D. Orlando Smith shockingly stated recently that he could not recall saying anything during the last elections campaign about his National Democratic Party government having some $90M in the bank.

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