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Premier Wheatley refutes alleged gov’t complacency w Bank of Asia (BVI) Limited
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) has come out to clarify allegations surrounding the closure of the Bank of Asia (BVI) Limited.
VI Regulators to close Bank of Asia (BVI) Limited
ROAD TOWN, Tortola, VI- It was yesterday, May 29, 2025 that the Virgin Islands (VI) Deposit Insurance Corporation (VIDIC), with the intervention of the British Virgin Islands Financial Services Commission (FSC), took the necessary action to shut down the operations of the Bank of Asia (BVI) Limited.
Republic Bank (BVI) Ltd joins Virgin Islands Deposit Insurance Corporation
ROAD TOWN, Tortola, VI- Republic Bank (BVI) Limited has announced its official recognition as a member of the Virgin Islands Deposit Insurance Corporation (VIDIC).
Insurance corporation formed to protect bank deposits
ROAD TOWN, Tortola, VI- The Virgin Islands Deposit Insurance Corporation (VIDIC) has tagged the opening of its office as “historic for the British Virgin Islands” as it has come in line with bigger countries like the United States of America (USA) protecting deposits of customers of banks.
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.
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