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News

December 5th, 2024
Fabian S. Devonish appointed Country Head of CIBC Caribbean VI

ROAD TOWN, Tortola, VI- Mr Fabian S. Devonish was appointed Country Head of CIBC Caribbean in the Virgin Islands (VI) from December 1, 2024.

August 22nd, 2024
Lisa Ann Violet named CEO of Virgin Islands Deposit Insurance Corporation

PASEA ESTATE, Tortola, VI- Ms. Lisa Ann Violet has been named Chief Executive Officer (CEO) of the Virgin Islands Deposit Insurance Corporation (VIDIC), following the approval of the Cabinet.

May 21st, 2024
CIBC Caribbean installs new ABM @ T.B. Lettsome Airport

TRELLIS BAY, Beef Island, VI - Persons in need of cash and other banking services at the Terrance B. Lettsome International Airport on Beef Island now have the convenience of a CIBC Caribbean Automated Banking Machine (ABM) that was recently installed at the airport.

April 5th, 2024
BVI Business Banking Expo set for June 6, 2024- Hon Smith

ROAD TOWN, Tortola, VI– Persons in the finance sector in the Virgin Islands (VI) can get ready for the BVI Business Banking Expo slated for June 6, 2024. The Expo is slated to bring financial institutions, the regulators, business owners, and entrepreneurs from across the territory to discuss the latest trends and innovations in banking.

May 20th, 2023
CIBC FirstCaribbean Grenada Bank sold to Grenada Co-op Bank Ltd

BRIDGETOWN, Barbados - FirstCaribbean International Bank Limited and Grenada Co-operative Bank Limited have announced that on May 19, 2023, the sale of FirstCaribbean’s business in Grenada to Grenada Co-operative Bank Limited received approval from the Eastern Caribbean Central Bank.

April 17th, 2023
If banks can’t do business our way 'pack up & leave’- Vernon Vanterpool

VALLEY, Virgin Gorda, VI- With calls by residents to reform the banking system in the [British] Virgin Islands (VI), residents of Virgin Gorda have indicated that the situation needs to be drastically improved, given the economic activity on the island.

March 24th, 2023
Lawyer Daniel F. Davies enters elections race as Independent At Large candidate

ROAD TOWN, Tortola, VI– Describing himself as professional, knowledgeable, efficient and a passionate fighter for the Virgin Islands (VI), local attorney Daniel F. Davies has entered the 2023 elections race as an Independent At Large candidate.

December 10th, 2022
Shakeup at CIBC FirstCaribbean Amory Jervis Out! Fabian S. Devonish In!

ROAD TOWN, Tortola, VI - Word reaching our news centre from reliable senior sources at the Virgin Islands branch of CIBC FirstCaribbean International Bank, is that there has been a major shakeup within the past few weeks.

April 26th, 2022
‘De-risking’ by banks making it difficult for small man & foreign investors- Premier

ROAD TOWN, Tortola, VI- De-risking measures, which were originally intended to combat international organised crime such as money laundering and terrorism financing, have been making it increasingly difficult – and even impossible - for ordinary, honest persons – the small ordinary men and women and the small business - to get access to basic banking services such as opening a bank account or getting a credit card.

April 6th, 2022
BVIPA looking to have ATM installed on Anegada

SETTING POINT, Anegada, VI- The BVI Ports Authority (BVIPA) has said it is looking at the possibility of having an ATM installed at the ferry dock on Anegada.

CG Insurance Office Move


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