ECCB 2014-2015 Annual Report and Statement of Accounts

EASTERN CARIBBEAN CENTRAL BANK

CONTENTS

i

Letter of Transmittal

Governor’s Foreword

1

Activities in the Year Ahead

30

ii

Mission Statement

Review of Performance

7

Corporate Governance Framework

35

iii

Vision Statement

- Monetary Stability

8

iv

Monetary Council

- Financial Sector Stability

11

Auditors’ Report and Consolidated Financial Statements List of Commercial Banks Maintaining Clearing Accounts with the ECCB

41

v

Board of Directors

- Money and Capital Market Development

14

vi

Corporate Information

130

- The Basis of Policy

16

ix

Organisational Chart

- Support for Economic Development

21

x

Highlights of the Year

- The Bank’s Finances

26

-TheBank’s InternalManagement

28

Coins and banknote that are no longer legal tender but can be exchanged for face value at the Eastern Caribbean Central Bank