ECCB 2014-2015 Annual Report and Statement of Accounts

EASTERN CARIBBEAN CENTRAL BANK

Chairman, Resolution Trust Corporation Limited. •  • Current Developments and Challenges in the Banking Sector in the ECCU by Ms Jovica Williams, Bank Examiner, ECCB. •  • Future Role for Commercial Banks in the Development of the ECCU by Dr Wilbert Bascom, President, Bascom Consulting Inc. Networking, Consultative and Special Meetings As part of its holistic approach to actively promote economic development within the ECCU, the ECCB, in addition to the regular meetings with its networking and consultation groups, convened the following meetings: •  • Special Meeting with Senior Officials of Indigenous Commercial Banks; •  • Retreat and Meetings of ECCU Indigenous Banks; •  • Meetings with Ministers for Finance with the International Monetary Fund, The World Bank and the Caribbean Development Bank; •  • Meeting of the Monetary Council and the ECCU Public Service Unions; and •  • Retreat of the ECCU Financial Secretaries and the ECCB Board of Directors. Public Education/Public Relations The ECCB public education programme is an avenue for the Bank to build and nurture strong networks with private and public sector institutions and individuals across the region.

Over the past year, the ECCB continued to initiate and implement programmes geared towards the development of the people of the ECCU. The various components of the programme are aimed at helping to build capacity among various target groups within the ECCU by exposing them to fundamental economic and financial issues and how those can affect the growth of the sub-region. Financial Information Month 2014 Financial Information Month (FIM), initiated by the ECCB in 2002, is observed every October with a full schedule of educational and fun-filled activities.

The theme for Financial Information Month (FIM) 2014 was “Soar to Succeed”. The theme emphasised that one has to go beyond the ordinary commitment, vision, skills, efforts and actions in order to succeed.

The Fourth Annual Business Symposium and Innovation Forum hosted in collaboration with FIM partners throughout the ECCU was one of the featured events. Over 300 attendees from the eight ECCB member countries were afforded the opportunity to participate in the event which provided a medium for the exchange of ideas and perspectives and suggestions for practical solutions to address business growth in the sub-region. The topics addressed were as follows: •  • Moving Business Capability Forward by Marguerite Orane, Strategy Consultant and Coach, Canada;

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ECCB ANNUAL REPORT 2014/2015