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The Caribbean Technical Working Group (CTWG)

CTWG Rollout Activities

CCGF 1st Regional Conference on Corporate Governance

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ASSOCIATED PARTNERS                                                               <<go back

   
Center for International Private Enterprise

Center for International Private Enterprise (CIPE)

The Center for International Private Enterprise (CIPE), an affiliate of the U.S. Chamber of Commerce, works to build democracy and market economies throughout the world. CIPE works in four principal areas: a grants program currently supporting over 90 indigenous organizations in developing countries, an award winning communications strategy, training programs, and technical assistance through field offices. Since its inception in 1983, CIPE has funded more than 700 projects in 80 countries and has conducted management training programs throughout the world. CIPE conducts their programs with funding from the National Endowment for Democracy and the United States Agency for International Development. CIPE maintains field offices in Russia, Egypt, Romania, Bosnia, Montenegro, and Afghanistan. A major component of CIPE's strategy is to strengthen corporate governance practices worldwide. In light of the recent Asian financial crisis and the high profile scandals in Russia, corporate governance has been brought to the fore and has become a major issue for businesses in the increasingly globalized economy. National business communities are learning and re-learning the lesson that there is no substitute for getting the basic business and management systems in place in order to be competitive internationally and to attract investment. In its efforts to educate business communities on the importance of adopting corporate governance standards, CIPE sponsors conferences, publishes books, and supports projects worldwide through its grants program. CIPE website: www.cipe.org provides a wealth of material on corporate governance for practitioners in developing and transitional economies.

 

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National Commercial Bank of Dominica

The National Commercial Bank of Dominica (NCB) celebrated its 25th Anniversary on March 14, 2003. The bank is proud of its many achievements over the past twenty five (25) years, including establishing itself as the leading financial institution and the first fully automated banking operation in Dominica. Over the last ten (10) years, the bank's pre-tax profits averaged EC$7.0M and it has paid dividends to its shareholders of up
to thirty percent (30%).

Our customers at home and abroad continue to enjoy twenty four (24) hour access to financial services through our network of six (6) ATMs, telephone banking service and over one hundred (100) point-of-sale terminals. In addition, an agency was recently opened at Ross University School of Medicine that provides non-credit banking services to more than 1000 users on campus.

In keeping with the bank's vision to become a world-class provider and a one-stop-shop for financial services, we are positioning ourselves to provide innovative and complete personal and business solutions to our customers at home and abroad. Through our subsidiary company, National
Mortgage Finance, we have recently launched our Securities Unit, a broker/dealer registered with the Eastern Caribbean Securities Exchange (ECSE), to create another avenue for our customers who are seeking investment banking services, and asset management opportunities. The Bank's Board of Directors, management and staff are enthusiastic about the
future direction of the bank as charted in its new Strategic Plan. The implementation of the plan has begun with the new financial year which started in July, 2003.

 

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Royal Bank of Trinidad & Tobago

Royal Bank of Trinidad & Tobago (RBTT)

RBTT's roots in the Caribbean date back to 1902 when we first started doing business in the region. Today, we are the largest, wholly-owned Caribbean banking and financial services group, comprising thirty-four (34) subsidiaries and associate companies, including nine (9) commercial banks with 79 bank branches in eleven (11) jurisdictions. Other key members of the Group are RBTT Merchant Bank Limited, a pioneer in capital market activities in the region serving Governments, the public and private sectors, RBTT Trust Limited, a leading pension fund manager which provides excellent individual and institutional trustee and other services and West Indies Stockbrokers Limited, the leading stock brokerage company in Trinidad and Tobago.

The seventy-nine RBTT Bank branches are located in Jamaica, the Dutch Caribbean, Curaçao- Bonaire, St. Maarten, Saba and Aruba, St. Vincent and Bequia in the Grenadines, Antigua, St. Lucia, Nevis, Grenada and Trinidad and Tobago and Suriname.

Group assets as at March 31, 2003 stood at US$ 4.7 billion, representing an increase of US$ .3 billion or 5.7% over the previous year.

Together with our strategic partner, Guardian Holdings Limited, we provide individuals and businesses with the most comprehensive range of integrated financial services and solutions relevant to their current and future needs.

Following the success of sixteen years of unparalleled growth through geographic expansion and diversification of the Group, RBTT is today a stronger and valuable franchise across the Caribbean. We are committed to pursuing attractive opportunities to expand regionally and extra regionally that will produce further growth in earnings, and enhancement of shareholder value.

 

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The Bank of Nova Scotia, St. Kitts

For more than 110 years, Scotiabank has been contributing to the lives of people in communities across 24 countries in the Caribbean and Central America. With over 220 branches and more than 300 ATMs, Scotiabank is the leading bank in the Caribbean. With more than US$204 billion in assets (as at April 30, 2003), it is also one of North America's premier financial institutions and Canada's most international bank. Approximately 49,000 employees of the Scotiabank Group and its affiliates deliver a diverse range of products and services including personal, commercial, corporate and investment banking to about 10 million customers in some 50 countries around the world. Scotiabank trades on the Toronto (BNS), New York (BNS) and London (BNV) Stock Exchanges. For more information, please visit www.scotiabank.com.

 

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St. Kitts Nevis Anguilla National Bank Ltd

The Bank was incorporated as a limited liability company under the Companies Act Chapter 335 on 15 February 1971, was re-registered on 14 April 1999 under the new Companies Act No. 22 of 1996, and is subject to the provisions of the Banking Act of St Kitts and Nevis No. 6 of 1991.

The Bank has significantly expanded it operations from a single branch in 1971 to its present network of seven offices. These include a branch at its headquarters located in Basseterre, St. Kitts, a branch in Nevis and five other branches in St. Kitts located in Sandy Point, Saddlers, the Pelican Mall, Basseterre and Robert Llewellyn Bradshaw International Airport. The Card Centre of the Bank processes Electronic Banking Transactions and provides support to its customers who use these services.

The Bank provides a full range of retail banking services and corporate banking facilities. With a network of reputable international correspondents, it is able to serve its customers and clients with the highest degree of reliability, confidentiality, accuracy and speed worldwide.

The Bank is the industry leader in systems and technology in the sub-region and is highly rated regionally and internationally for its technological sophistication and operational excellence. In 1991, the Bank was the first in the sub-region to introduce ATM's to its customers and since that time has expended considerable resources to provide an extensive network of ATMs across St. Kitts-Nevis. Currently, there are thirteen (13) ATMs in operation with advanced plans to increase the number to twenty (20). In addition to its ATMs, the Bank offers the NatBank International VISA (r) Debit Card, Telephone-Banking Services, Electronic Payment of utility bills and will soon be launching its Internet banking service and Natbank Prepaid Cards.

At National we're dedicated to offering our customers innovative banking services, complemented by a firm commitment to strengthen the federation through financial support, sponsorships, community development, and service programs. We are dedicated not only to offering the very best in every aspect of personal and business banking to each of our customers, but also to improving the communities where we do business.

 

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