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Call for Comments & Consultation

Draft ESMF for the Eastern Caribbean Partial Credit Guarantee Corporation and World Bank Project OECS MSME Guarantee Facility (P157715)

The Environmental and Social Management Framework (ESMF) is an instrument that helps the Facility and Participating Lenders (PLs) to identify appropriate methods and tools to…

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Call for Comments & Consultation

Draft ESMF for the Eastern Caribbean Partial Credit Guarantee Corporation and World Bank Project OECS MSME Guarantee Facility (P157715)

The Environmental and Social Management Framework (ESMF) is an instrument that helps the Facility and Participating Lenders (PLs) to identify appropriate methods and tools to assess and manage the potential environmental and social risks and impacts of the project.  The ECPCGC and PLs, as well as participating MSMEs, will be responsible to adhere to the ESMF with due diligence and efficiency in compliance with all requirements pertaining to environmental and social protection.

The draft ESMF was prepared and disclosed in November 2017 and is now being presented to key stakeholders as part of the awareness campaign facilitated by the Eastern Caribbean Central Bank (ECCB).  Key findings of the consultations will be summarized and included in the final revisions of the ESMF.  Dates of the consultations will be the following:

  • Saint Lucia, Nov. 14, 2017
  • Antigua and Barbuda, Nov. 17, 2017
  • Grenada, Nov. 20, 2017
  • Saint Vincent and the Grenadines, Nov. 22, 2017
  • Saint Kitts and Nevis, Nov. 28, 2017 (to be confirmed)

The draft ESMF was published on ECCB website and opened for public comment, and will be updated to include verbal and written comments received during the consultations.  The revised and final ESMF will subsequently be disclosed and published on the World Bank and ECCB websites.  ­­­Other changes or revisions are expected to occur periodically as ECCB and ECPCGC improves MSME support and project performance.

Click here for more information. You may submit your written comments to info@eccb-centralbank.org  no later than November 30th, 2017

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22nd Sir Arthur Lewis Memorial Lecture

Persistent Poverty or Sustainable Socio-economic Development in the Caribbean – the disruptive reforms necessary to secure the latter.

Adopting fiscal responsibility frameworks which promote countercyclical fiscal policy, effectively facilitates saving more during good times, so we have buffers in case natural…

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22nd Sir Arthur Lewis Memorial Lecture

Persistent Poverty or Sustainable Socio-economic Development in the Caribbean – the disruptive reforms necessary to secure the latter.

Adopting fiscal responsibility frameworks which promote countercyclical fiscal policy, effectively facilitates saving more during good times, so we have buffers in case natural disasters or economic shocks occur. For more information.

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ECCB Presents 9th Sir Arthur Lewis Memorial Book Award to Anguilla Community College

In accepting the book award, Carla Harris, Registrar and Secretary to the Board of Governors of the Anguilla Community College, said that the books will benefit, not only the students of the college, but every resident of Anguilla as the college has recently established a relationship with the Anguilla Public…

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ECCB Presents 9th Sir Arthur Lewis Memorial Book Award to Anguilla Community College

In accepting the book award, Carla Harris, Registrar and Secretary to the Board of Governors of the Anguilla Community College, said that the books will benefit, not only the students of the college, but every resident of Anguilla as the college has recently established a relationship with the Anguilla Public Library.

The ECCB instituted the book award in 2009 in honour of the memory of the late Sir Arthur Lewis, Nobel Laureate and one of the pioneers of development economics. Each year the award is presented to a community college in the Eastern Caribbean Currency Union (ECCU) on a rotational basis.  The collection of books includes some of the most recent and widely sought publications in economics, politics, science, development and communication.

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Republic Bank (Grenada) Limited Takes Home Best Corporate Citizen Award

The Eastern Caribbean Central Bank (ECCB) presented the 2017 Best Corporate Citizen Award Among ECCU Commercial Banks to the Republic Bank (Grenada) Limited during the awards ceremony held at the ECCB Headquarters, on 8 November.

The ECCB initiated, the Best Corporate Citizen Award Among ECCU Commercial Banks in…

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Republic Bank (Grenada) Limited Takes Home Best Corporate Citizen Award

The Eastern Caribbean Central Bank (ECCB) presented the 2017 Best Corporate Citizen Award Among ECCU Commercial Banks to the Republic Bank (Grenada) Limited during the awards ceremony held at the ECCB Headquarters, on 8 November.

The ECCB initiated, the Best Corporate Citizen Award Among ECCU Commercial Banks in 1997. The award recognises commercial banks, which operate within the Eastern Caribbean Currency Union (ECCU), for implementing, participating in and promoting programmes designed to improve the quality of life of the people they serve. Banks are assessed for demonstrating social responsibility in the areas of: Educational Development; Community Outreach and Social Services; Environmental Awareness; Sports; Cultural Development; Customer Service; and Financial Education and Empowerment.

Good Corporate Citizen Awards are presented to the banks which have made outstanding contributions in the respective categories, while the Best Corporate Citizen Award is presented to the bank which demonstrates significant contribution to the overall enhancement of the ECCU through human resource development and sustained community outreach.

The Republic Bank (Grenada) Limited, which has won the Best Corporate Citizen Award four times in the past, also received Good Corporate Citizen Awards for Cultural Development, Customer Service and Sports.

The other banks which received Good Corporate Citizen Awards were:

  • National Bank of Dominica Limited, which received the Good Corporate Citizen Awards for Community Outreach and Social Services, Environmental Awareness and Financial Education and Empowerment; and
  • Grenada Co-operative Bank Limited, which was presented with the Good Corporate Citizen Award for Educational Development.

Six of the commercial banks which operate in the ECCU submitted entries for the 2017 Best Corporate Citizen Award.

The awards were presented by Elizabeth Tempro, a retiree of the ECCB.

Julia Lawrence, Chief Audit Executive, Grenada Co-operative Bank, receives Good Corporate Citizen Award
Naoimi De Allie, General Manager – Credit, Republic Bank (Grenada) Limited,  receives one of the Good Corporate Citizen Awards
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Employment Opportunities at The World Bank

Poverty has no borders. Neither does excellence. So The World Bank continually search for the brightest, most talented individuals from around the globe. And is proud to employ a dedicated and committed workforce that is diverse in gender, nationality and background.

World Bank Group staff work with governments,…

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Employment Opportunities at The World Bank

Poverty has no borders. Neither does excellence. So The World Bank continually search for the brightest, most talented individuals from around the globe. And is proud to employ a dedicated and committed workforce that is diverse in gender, nationality and background.

World Bank Group staff work with governments, civil society groups, the private sector and others in developing countries around the world, assisting people in all areas of development, from policy and strategic advice to the identification, preparation, appraisal and supervision of development projects.

The World Bank would like to invite Caribbean applicants to apply for some job opportunities which we are currently open.

Click here to view more information for the following positions:

Daily Indicative Exchange Rates to the EC Dollar
17th Nov 2017

UNITED ARAB EMIRATES DIRHAM
0.7351
AUSTRALIAN DOLLAR
2.0381
BARBADOS DOLLAR
1.3500
BELIZE DOLLAR
1.3500
CANADIAN DOLLAR
2.1156
SWISS FRANC
2.7215
CHINESE YUAN
0.4069
DANISH KRONE
0.4278
EURO
3.1836
POUND STERLING
3.5767
GUYANA DOLLAR
0.0129
JAMAICAN DOLLAR
0.0214
JAPANESE YEN
0.0240
SOUTH KOREAN WON
0.0025
KUWAITI DINAR
8.9346
NOWEGIAN KRONE
0.3289
NEW ZEALAND DOLLAR
1.8341
SWEDISH KRONA
0.3211
TRINIDAD AND TOBAGO DOLLAR
0.4012
UNITED STATES DOLLAR
2.7000
VENEZUELAN BOLIVAR
0.2703

Interest Rates

ECCB DAILY CALL RATE
1.01%
17th Nov 2017
ECCB DISCOUNT RATE
6.5%
ECCB FIXED DEPOSIT RATE 1 MONTH
1.14%
17th Nov 2017
ECCB FIXED DEPOSIT RATE 2 MONTH
1.2381%
17th Nov 2017
ECCB FIXED DEPOSIT RATE 3 MONTH
1.2859%
17th Nov 2017
ECCU MINIMUM SAVINGS DEPOSIT RATE
2%
1st May 2015
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