ECCB 2020-2021 Annual Report and Statement of Accounts

Monetary Stability 1

Letter of Transmittal i

Financial Sector Stability 5

Mission and Vision Statements ii

Fiscal and Debt Sustainability 13

Core Values ii

Growth, Competitiveness and Employment 17

Monetary Council iii

Table of Contents

Organisational Effectiveness 20

Board of Directors iv

Financial Results 35

Organisational Chart v

Corporate Governance 39

Management Structure vi

Areas of Focus: 2021 - 2022 48

Agency Offices viii

List of Commercial Banks Maintaining Clearing Accounts with the ECCB 55

Highlights of the Year ix

Governor’s Foreword xi

Independent Auditors’ Report and Financial Statements 56

iii EASTERN CARIBBEAN CENTRAL BANK ANNUAL REPORT 2020/2021