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November 9th, 2023
Hundreds of millions needed for recovery projects in VI- Premier Wheatley

ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) has said hundreds of millions of dollars are needed to fund hurricane recovery and development projects in the [British] Virgin Islands and he is seeking the United Kingdom’s support in getting the necessary loans.

March 31st, 2023
VI must 'sit around table with UK' on borrowing money– Hon Penn

FAT HOGS BAY, Tortola, VI - Leader of the National Democratic Party (NDP) Hon Marlon A. Penn (R8) has indicated that should the National Democratic Party (NDP) be elected into office, his team will be seeking to borrow money at better terms to build the local economy.

August 27th, 2022
Woman charged for using former employer to receive federal loans


FREDERIKSED, St. Croix, USVI — A St. Croix woman was arrested Friday at her current place of employment for allegedly using the business of a former employer to apply for the federal Paycheck Protection Program, resulting in a financial loss of her former employer totaling $39,411.

March 11th, 2022
‘Give 1st time property owners 100% financing’- Premier to local banks

DUFF'S BOTTOM, Tortola, VI- The leader of the Government of the Virgin Islands has appealed to banks operating in the territory to grant first time homeowners or property owners who are Belongers 100% financing to purchase property under the new Stamp Duty Waiver initiative.

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, 2020
Applications open for Unite BVI’s Kickstart Small Business Loans

ROAD TOWN, Tortola, VI – Applications for the Unite BVI Kickstart Small Business Loan Programme are now open to entrepreneurs planning to start a business, or to expand an already existing business that is going to have positive impact on the environment or our communities.

July 12th, 2020
Premier praises NBVI for ‘compassion towards the people of the Territory’

ROAD TOWN, Tortola, VI- The Virgin Islands' very own bank, the National Bank of the Virgin Islands (NBVI) has been praised by Premier and Minister of Finance, Honourable Andrew A. Fahie (R1) for coming to the assistance to the people of the Territory in a tangible way amid the global coronavirus pandemic.

February 26th, 2020
Premier ‘optimistic’ UK’s loan guarantee offer will work out

ROAD TOWN, Tortola, VI- Premier and Minister of Finance Honourable Andrew A. Fahie (R1) said he is keeping hope alive that the United Kingdom’s offer to be a loan guarantor for the Virgin Islands for hurricane recovery and development will work out.

November 5th, 2019
Gov't seeking to make it easier for public servants to access loans

ROAD TOWN, Tortola, VI - Public servants looking to borrow loans from private financial institutions could soon have an easier route where the money comes as part of a framework set-up between the government and the financial institution.

May 4th, 2018
Gov’t $240M in debt; @ brink of borrowing capacity- Claude O. Skelton-Cline

ROAD TOWN, Tortola, VI- It was on the Tuesday May 1, 2018 edition of the Honestly Speaking show, aired on ZBVI 780 AM, that the Leader of the Opposition and First District Representative Honourable Andrew A. Fahie and commentator Claude O. Skelton-Cline shared with listeners their views on the financial position of the Virgin Islands (VI).

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