Category: Banks. Country: Saint Kitts and Nevis Anguilla.
The Eastern Caribbean Central Bank was established in October 1983. It is the Monetary Authority for a group of eight island economies namely - Anguilla, Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, St Kitts and Nevis, St Lucia, and St Vincent and the Grenadines. The monetary arrangements are characterised by: The issuance of a single common currency, the flow of which is unrestricted among its members. A common pool of foreign exchange reserves; and. The existence of a Central Monetary Authority which decides on the Union's monetary policy. The purposes of the Bank are: To regulate the availability of money and credit. To promote and maintain monetary stability. To promote credit and exchange conditions and a sound financial structure conducive to the balanced growth and development of the economies of the territories of the Participating Governments. To actively promote through means consistent with its other objectives the economic development of the territories of the Participating Governments.
Address: P O Box 89 Basseterre St Kitts West Indies Phone: 869 465 2537 Fax: 869 465 9562
