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Who We Are , What We Do
About the ECCB
About the ECCB
Member territories of the ECCB
38th Anniversary of EC Dollar Peg
The ECCB Corporate Governance Charter
The EC Banknotes

Mission Statement
To maintain the stability of the EC dollar and the integrity of the banking system in order to facilitate the balanced growth and development of member states.

Vision Statement
The Bank aspires to be:
    The leading institution for economic policy advice
    A model for management in the ECCU
    An advocate for the ECCU's regionalisation initiatives

Who We Are , What We Do

The Eastern Caribbean Central Bank was established in October 1983. It is the Monetary Authority for a group of eight island economies namely - Anguilla, Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, St Kitts and Nevis, St Lucia, and St Vincent and the Grenadines.

The monetary arrangements are characterised by:
    The issuance of a single common currency, the flow of which is unrestricted among its members.
    A common pool of foreign exchange reserves; and
    The existence of a Central Monetary Authority which decides on the Union's monetary policy.

The purposes of the Bank are:
    To regulate the availability of money and credit.
    To promote and maintain monetary stability
    To promote credit and exchange conditions and a sound financial structure conducive to the          balanced growth and development of the economies of the territories of the Participating          Governments.
    To actively promote through means consistent with its other objectives the economic development of
the territories of the Participating Governments

Powers and Responsibilities:

The governing bodies of the Eastern Caribbean Central Bank are the Monetary Council and the Board of Directors. The Monetary Council is the highest decision making authority. It is comprised of one Minister appointed by each Government of the participating countries. The function of the Council is to provide directives and guidelines on matters of monetary and credit policy to the Bank. The Board of Directors is comprised of ten Directors - the Governor and Deputy Governor, and one Director appointed by each Government of the eight participating countries. The Board of Directors is responsible for policy and general administration of the Bank, while the Governor, the Chief Executive, is responsible for the day-to-day management and operations.

Member Territories
ECCB Fact Sheet


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