CAB Conference 2016 Test Drive | Page 64

members round-up sises the provision of credit and financial services to individuals and corporations. Bedford Street, Kingstown and (6) branches throughout St. Vincent and the Grenadines. In October 2013, FICS Ltd activated its subsidiary, Credit and Real Estate Development (CARED) Limited which was incorporated in 2006. CARED Ltd is managed by Mr Nigel Theophilus. FICS Ltd provides a wide range of services including investments, loans and consultancy services and CARED Ltd provides services in real estate development, consumer credit and vehicle loans. The mission statement of the bank is “To be customer-focused, innovative and efficient. To be the preferred provider of superior financial products and services through caring, professional staff and appropriate technology. To exceed shareholder expectations and be a catalyst for development.” The Bank has twelve (12) ATMs and offers internet banking and International Debit Cards to its customers. Its audited asset base as at December 31, 2010, was US$264.3 million. Hermes Bank Ltd. (Associate Member) General Manager: Mr. Shayne Felicien 1 Bella Rosa Road, Rodney Bay, BW Box 332, Gros Islet, Saint Lucia, W.I. Tel.: [phone] Fax: [phone] Email: [email protected] Website: www.hermesbankonline.com Hermes Bank was incorporated on the 26th of April 2012 and started operating in June 2013. The bank offers a range of services and products to international customers and those wishing to manage their wealth off shore. The institution is regulated by the Financial Services Regulatory Authority and is in compliance with the latest global Anti Money Laundering and Terrorism prevention laws. The bank continuously aims to deliver excellent customer service to customers all around the world, while contributing to St. Lucia’s growing financial industry. The financial institution holds the revolutionary vision of becoming the leading international bank operating worldwide. ST.VINCENT AND THE GRENADINES Bank of St. Vincent and the Grenadines Ltd. Managing Director: Mr. Bernard Hamilton CAB Rep: Ms. Nandi Williams, Corporate Secretary Bedford & Grenville Streets, PO Box 880, Kingstown, St. Vincent and the Grenadines Tel: [phone] Fax: [phone] E-Mail: [email protected] The National Commercial Bank (SVG) Ltd. was established in 1977. In November 2010, the East Caribbean Financial Holding Company Limited acquired 51% of the shares of the bank, and the bank was re-named Bank of St. Vincent and the Grenadines Ltd. The bank, with a staff complement of (156), operates from its main branch at SURINAME De Surinaamsche Bank N.V (Also commercially known as DSB Bank) President: Mr. Sigmund L.J. Proeve Henck Arron Street NR 26, PO Box 1806, Paramaribo, Suriname Tel: [phone] Fax: [phone] E-Mail: [email protected] Website: www.dsbbank.sr De Surinaamsche Bank N.V. was founded in 1865 by the Nederlandsche Handel-Maatschappij which later merged with the Twentse Bank to become Algemene Bank Nederland. In 1976 the Government of Suriname bought 10% of the shares while 41% was taken up by private investors and 49% remained with Algemene Bank Nederland; ABN later merged with AMRO Bank to form ABN AMRO Bank N.V. De Surinaamsche bank functioned as the circulation bank for the Government of Suriname until 1957. In July 2001 ABN AMRO Bank N.V. sold its 49% participation in De Surinaamsche Bank to ASSURIA N.V, an insurance company in Suriname. The Bank operates from its head office and (9) branches, has (72) ATMs and is staffed by (431) employees. The Bank’s mission is “With deep roots in the Surinamese community, De Surinaamsche Bank is a customer-focused bank that offers the best financial services to consumers, businesses, institutions and governments. This customer focus derives from our core values and is proudly exhibited by our dedicated staff. In all our activities, we seek to add value to Surinamese society in general and to our customers, employees and shareholders in particular.” Its audited asset base exceeded US$1.2 billion as of December 31st 2014. Finabank Chief Executive Officer: Mr.Eblein G Frangie Dr. Sophie Redmondstraat 59-61 63