CIBC FirstCaribbean to sell its Banking Assets in Four OECS Countries and Aruba.

October 13, 2021

Bridgetown, Barbados 12th October 2021. FirstCaribbean International Bank Limited has announced that its wholly-owned subsidiary, FirstCaribbean International Bank (Barbados) Limited (“FCIB Barbados”), has agreed to sell its banking assets in St. Vincent, Grenada, Dominica and St. Kitts to:

• The Bank of St. Vincent and the Grenadines Ltd.,
• Grenada Co-Operative Bank Limited,
• National Bank of Dominica Ltd., and
• St. Kitts Nevis Anguilla National Bank Ltd.

Its wholly-owned subsidiary, FirstCaribbean International Bank (Cayman) Limited (“FCIB Cayman”), has agreed to sell its banking assets in Aruba to Aruba Bank N.V.

The transactions are all subject to ...

Source: https://www.smn-news.com/index.php/st-maarten-st-martin-news/38778-cibc-firstcaribbean-to-sell-its-banking-assets-in-four-oecs-countries-and-aruba.html

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CIBC FirstCaribbean to sell its Banking Assets in Four OECS Countries and Aruba.

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