News
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.
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.
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.
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.
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.
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.
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.
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.
‘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.
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.

