The Bank of Nevis Limited (the ‘Bank’) held its 33rd Annual General Meeting at Occasions on the Pinneys By-pass Road on Thursday, December 19, 2019 at 5:00 pm. The Bank’s shareholders received and considered the accounts of the Bank for the financial year ended June 30, 2019. The Group reported net profit after tax of EC$5.0 million, compared to EC$8.3 million in 2018. The
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.