The Bank of Nevis Limited enters into an agreement to purchase Royal Bank of Canada (RBC) and RBTT banking operations in St. Kitts and Nevis

A consortium of Eastern Caribbean indigenous banks of which The Bank of Nevis Limited is a member, today announced it has entered into a definitive agreement to purchase all banking operations in the Eastern Caribbean from Royal Bank of Canada (RBC). The transaction is subject to regulatory approval and other customary closing conditions, and is expected to be finalized in the coming months.