The Bank of Nevis Limited holds 32nd Annual General Meeting

The Bank’s shareholders received and considered the accounts of the Bank for the financial year ended June 30, 2018. The Group reported net profit of EC$8.28 million, compared to EC$7.05 million in 2017.

The Bank’s Board of Directors recommended and received approval for a dividend of 20 cents per share to be paid to shareholders for the financial year ended June 30th, 2018. This resulted in a total dividend payout of EC$3,619,329.00.

Vernel Powell and Jacqueline Lawrence were re-elected to the Board of Directors as non-independent director and independent director, respectively. Sonia Williams was elected to serve as non-independent director.

Deloitte and Touche, Chartered Accountants, were re-appointed as the Bank’s auditors for the year ending June 30, 2019.

The 2018 Annual Report is available on the Bank’s website,