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Joanna Charles - AGM, BOSL (center) with Sir K Dwight Venner - Governor, ECCB (extreme right) and Deputy Governor (extreme left) and regional bank officials |
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Bank of Saint Lucia Honoured as Good Corporate Citizen
Bank of Saint Lucia has been awarded two major Good Corporate Citizen Awards for 2011 by the Eastern Caribbean Central Bank (ECCB). The ECCB made the announcement at its headquarters in Saint Kitts at a special awards ceremony on 2 November. Bank of Saint Lucia competed against over a dozen other banks in the sub-region and received the awards in the areas of Educational Development and Cultural Development.
These awards acknowledge Bank of Saint Lucia's significant contributions to the socio-economic development of the island through Educational Development via its Guaranteed Student Loan Programme, sponsorship and support of institutions such as CARE and the National Enrichment Learning Programme; major infrastructural assistance, and support for various school programmes island-wide. The Bank was also recognized for its work in Cultural Development through its support of cultural festivals such as Carnival, Jounen Kweyol, Schools' Art Festival and St. Lucia Jazz; contributions to the School of Art & Design - St. Lucia (SADS) and to other local music, dance and arts academies.
The bank recognizes the support of its valuable customers, shareholders and other partners without which these awards would not have been possible. Bank of Saint Lucia and its parent company, ECFH, wish to reaffirm their commitment to the socio economic development of St. Lucia.
The Good Corporate Citizen Awards were introduced in 1997 by the Eastern Caribbean Central Bank to recognize banks which contribute to the development of the people and communities in which they operate through the implementation, support and participation in sound social responsibility projects.
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Cheque Presentation by ECFH's Maria Fowell to Sr Antonia |
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ECFH Continues "Greedy for Green" Mission
 ECFH's Greedy for Green environmental programme continues to support external and internal projects that are aimed at promoting environmental awareness and conservation. The latest initiative of the ECFH Greedy for Green programme is the involvement in the Forestry Department's National Tree Planting Launch on October 20th 2011. This activity seeks to encourage public participation in the restoration and reforestation of our natural ecosystem - in commemoration of International Year of Forests. The nationwide tree planting campaign aims to bolster the natural ecosystem by restoring the forest, river beds and wildlife habitats that were devastated with the passage of Hurricane Tomas. The Greedy for Green team of volunteers stand ready and committed to the post-Tomas restoration and rehabilitation efforts, recognizing the importance of St. Lucia's forests and the critical role they play in our daily lives. In the coming weeks ECFH's Greedy for Green volunteers will undertake a number of significant voluntary projects including plans to participate in the National Clean Up Campaign slated for November 4th - 6th. ECFH recognizes the tremendous economic and social benefits of keeping St. Lucia green and clean. ECFH launched 'Greedy for Green' in August 2010 to demonstrate its real and genuine appetite for green - 'green' in terms of making operations more eco-friendly and by extension contributing to the sustainable development of Saint Lucia. Some successful internal projects included double-sided printing, using recycled paper and eco-friendly items, conducting an energy audit and using LED (Light Emitting Diode) lighting. While some of the past external activities include tree planting projects, beach clean-ups, beautifying the town of Soufriere and the city of Castries, rainwater harvesting projects and teaching environmental practices to youth, among other initiatives including the Boys Training Centre and the St. Lucia Blind Welfare Association clean up campaigns.
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ECFH's Maria Fowell participates in symbolic tree planting ceremony |
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ECFH Honours Commitment to Holy Family Children's Home
Earlier this month, the East Caribbean Financial Holding company (ECFH) renewed its three-year covenant with the Holy Family Children's Home. The official signing took place on at ECFH's head office located on Bridge Street with the Administrator of the Children's Home, Sister Antonia David signing on behalf of the Home. ECFH's Senior Manager for Marketing and Corporate Communications, Mrs. Maria Fowell, signed the covenant on behalf of ECFH. Both representatives expressed their respective organizations' satisfaction with the relationship that has developed between them over the last few years.
Mrs. Fowell said that the Group was delighted to renew its covenant with the Children's Home, the first of which began in 2008. ECFH has been a consistent and dedicated sponsor of the Children's Home and Sister Antonia indicated that this was appreciated by her staff and the management of the institution, particularly in the context of the current economic climate. She noted that ECFH's contribution was critical to the Children's Home's daily operations during this particularly difficult time, and has assisted greatly in its mission to care for these children.
The Holy Family Children's Home was established in 1997 as a temporary residence for children of varying ages in at risk situations. Presently, it houses 16 children with 17 staff members on rotation, the majority of whom are caregivers.
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Share Trading Summary
ECFH CLOSING PRICE
EC$12.43
As at November 4, 2011
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ECFH Global Investments Achieves Major Milestone
ECFH Global Investment Solutions Ltd. (ECFH Global Investments) celebrated a major milestone in its three year history. The full service brokerage-dealer subsidiary of ECFH successfully hosted the first interactive e-seminar on October 21st entitled, "The Effect of the US Economic Downgrade on OECS Economies." The groundbreaking event was by all accounts a resounding success with over one hundred local, regional and international participants representing a number of countries including Barbados, St. Vincent, Grenada, Jamaica, Canada, U.S.A., St. Kitts & Nevis, Trinidad, the United Kingdom, the Bahamas and host country St. Lucia.
This e-seminar was the first of its kind in St. Lucia's financial services sector and represented a bold leap for the ECFH Group. ECFH Global Investments continues to embrace innovative technological solutions to communicate relevant and timely information and analyses to its local and international clients through a number of channels.
Presentations were made from leading local, regional and international financial professionals with a wealth of experience in the industry including Mr. Carlos A. Burns, Executive Director - Investments, Oppenheimer & Co. Inc.; Mr. Leo Williams, Executive Director - Williams & Associates Investments Ltd., Mr. Medford Francis, Senior Manager - Wealth & Asset Management, Bank of Saint Lucia and host Mr. Joel Allen, Senior Manager - ECFH Global Investment Solutions Ltd.
Established in 2008, ECFH Global Investments offers a full range of services which include capital market services, merchant banking services, custodian services and financial product development services. For more information please contact ECFH Global Investments via telephone (758) 456 6826 or via email info@ecfhglobalinvestments.com.
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