ABI Bank Ltd.
Managing Director: Mr. McAlister Abbott
Redcliffe Street, PO Box 1679, St. John's, ANTIGUA
Tel: (268) 480 2700/1, (268) 480 2732, Fax: (268) 480 2751
ABI Bank Ltd. (ABIB), headquartered in Antigua & Barbuda, celebrated its 19th anniversary in March 2009. ABIB is a member of the ABI Financial Group, a network of affiliated companies providing private and corporate banking, investment, wealth management, insurance, corporate and trust services, brokerage services, property development and resort management. Professionalism and customer service, the bedrock of solid partnerships, are priorities for the group. The Bank aims to maximise benefits and opportunities accruing to its stakeholders by providing innovative and competitive products and services and strategically leveraging its relationships with local, regional and international affiliates. It operates from (3) branches, on Redcliffe Street in the capital of St. John’s, at the Woods Mall and in Jolly Harbour, has (6) ATMs and a staff complement of (127). A household name in Antigua & Barbuda, ABI continues to expand by deepening its roots within home markets while exploring opportunities abroad. The registered Principals in its investment department were the first in the OECS region to be licensed to trade on the ECSE. ABI was also the first OECS institution to venture into the US financial market with the establishment of its Florida-based subsidiary, ASD Brokerage and Investment Inc., which provides investment advice and broker/dealer services. The Bank’s six ECCB awards for Best Corporate Citizen and Good Corporate Citizen among commercial banks in the OECS over the last four years gives recognition to its commitment to the communities of Antigua & Barbuda and to nation-building. ABIB’s audited asset base as at September 2008 was US$397.61 million.
Antigua Commercial Bank
General Manager: Mr. Gladston S. Joseph
CAIB Rep: Mrs. Denise Armstrong
Assistant General Manager – Credit and Control
Thames & St. Mary's Streets, PO Box 95
St. John's, ANTIGUA
Tel: (268) 481 4200/3, Fax: (268) 481 4229
Antigua Commercial Bank (ACB) was incorporated in 1955 with a share capital of EC$100,000. It is the country's first indigenous bank and public company. ACB is well known for its role in assisting local entrepreneurs and small business owners. Its subsidiary, ACB Mortgage and Trust Company Ltd., is the largest indigenous provider of mortgage finance on the island. ACB aims "to be the leading financial services provider by exceeding its stakeholders’ expectations through exemplary service, innovative products and adapting to an ever-changingenvironment". The Bank operates (2) branches and (2) agencies and has (8) Automated Teller Machines, the largest network of ATM’s on the island. ACB has a staff complement of (108), and is one of the largest indigenous commercial banks in Antigua & Barbuda, with an audited asset base of US$290 million as at September 30, 2007.
Bank of Antigua Ltd.
President: Mr. Harry van Bergen
CAIB Rep: Mr. William E. McDavid
Senior Vice President
PO Box 315, St. John's, ANTIGUA
Tel: (268) 480 5300, Fax: (268) 480 5433
Bank of Antigua was incorporated in February 1981 and began operations in November 1981. The bank was acquired by the Stanford Financial Group in December of 1990, and operates (3) strategically located branches, a mobile unit, and (6) ATMs. The bank is currently staffed by a complement of (90) employees, and its mission statement is “To provide the most friendly and efficient banking services to customers, and to achieve continued growth and profitability”. Its audited asset base was US$207 million as at December 31, 2007.
Caribbean Union Bank Ltd.
Chief Executive Officer: Mr. Vere Hill
PO Box W2010, Friars Hill Road, St John’s, ANTIGUA
Tel: (268) 481 8271, Fax: (268) 481 8291
Caribbean Union Bank Ltd. was incorporated in August 2004 and granted a Banking license in September 2005. The Bank operates from (2) branches, one at its Friars Hill address where it also has (2) ATMs on site and (1) at Jolly Harbour. CUB has (30) staff and its mission is to “Embrace the vision of a unified Caribbean economy and strive for excellence in financial services to support regional development and create Caribbean wealth. We will be renowned for our passionate pursuit of service levels that consistently exceed our customers' expectations through a combination of our indigenous skills and the innovative use of modern technology. We will enhance shareholder value and the well being of our employees and community.” The Bank offers financial services to both personal and corporate entities and as at September 2008 had an audited asset base of US$52, 23 million.
Global Bank of Commerce Ltd.
Chairman and CEO: Mr. Brian Stuart-Young
Global Commerce Centre,
Old Parham Road, P O Box W1803
St. John's, ANTIGUA
Tel: (268) 480 2329, Fax: (268) 480 3321
Global Bank of Commerce Ltd is a locally owned and operated institution licensed since 1983, and is considered the “grandfather” of international financial services in Antigua. It offers demand deposit accounts and certificates of deposit with bi-lingual (English/Spanish) client relations management services; lending to qualified regional businesses involved in tourism and real estate developments; wealth management products and services including mutual funds; and provides clients with 24/7 online access to their accounts in USD, EURO and GBP and CDN currencies. Its management and staff are committed to delivering the most pleasurable banking experience to clients, and place customer satisfaction as their highest priority. It securely hosts strong technology driven services within its own data centre, including internet banking, asset management, electronic commerce facilities and card services to support its Visa membership. It offers a fully integrated and automated rule based branded debit card system as a global payment platform with Internet-enabled client programmes. The Bank embraces the vision that it can provide globally competitive financial services and products, regardless of its size and geographic location. It has its corporate headquarters and wealth management company at its Global Financial Centre on Friar’s Hill Road and a Branch office and Data Centre at Global Commerce Centre on Old Parham Road, staffed by (42) employees. The Bank’s CEO was named “Banker of the Year, 2008” by World Commerce Review publication and the Bank was named “International Investment Partner of the Year 2008” by Business Britain Magazine. It is audited by the internationally recognized firm, PKF, and its audited consolidated statements at December 2008 confirmed an asset base of US$184 million, shareholder equity of US$76.4 million and net income of US$14.5 million.
