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.