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News

September 14th, 2023
1FirstBank ‘denies the allegations of Betteto Frett’

ROAD TOWN, Tortola, VI- Amidst public protests against 1FirstBank by local businessman Betteto Frett, 1FirstBank has finally broken its silence.

September 13th, 2023
Betteto Frett takes protest against 1FirstBank to the streets!

ROAD TOWN, Tortola, VI- Local businessman Betteto Frett, in taking his protest against 1FirstBank to the streets, has stated he is preparing to head to the court once again to challenge the selling of his restaurant and entertainment centre, which he alleges the bank should have no right to sell.

September 12th, 2023
Betteto Frett accuses 1FirstBank of predatory lending

ROAD TOWN, Tortola, VI- Local businessman Betteto Frett is accusing 1FirstBank of predatory lending, alleging that the bank attempted to set him up to fail, and wrongfully foreclosed on his properties for monies owed.

January 18th, 2022
‘Investigate possibility’ of forgiving interest for locals with loans @ NBVI- Hon Fraser

DUFF’S BOTTOM, Tortola, VI- Veteran legislator and Third District Representative Hon Julian Fraser RA has called on the Government of the Virgin Islands to investigate the possibility of the National Bank of the Virgin Islands (NBVI) forgiving all or a percentage of interest on loans for Virgin Islanders during the initial stages of the COVID-19 pandemic in the Virgin Islands.

September 10th, 2016
Large mortgages silencing VIslanders- Doug Wheatley

ROAD TOWN, Tortola, VI- Host of the 3- D show on ZBVI 780 AM, Doug Wheatley has singled out large mortgages as the culprit preventing VIslanders from being vocal and taking action like they did in times past on matters of great importance affecting the territory.

May 2nd, 2013
Hon. Fahie calls for urgent legislation for 'unhelpful banks'

ROAD TOWN, Tortola, VI – First District Representative, Hon. Andrew A. Fahie believes the Territory has reached a point, where some of the banks are not as helpful to people of the Virgin Islands (VI) as they should be in these economic times and called for urgent legislation to address this.

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