List of Banks in the Caribe Saint Lucia

List of Banks in Saint Lucia

Saint Lucia: French: Sainte-Lucie, is an island country in the eastern Caribbean Sea on the boundary with the Atlantic Ocean. Part of the Lesser Antilles, it is located north/northeast of the islands of Saint Vincent and the Grenadines, northwest of Barbados and south of Martinique. It covers a land area of 620 km2 (238 sq mi) and has an estimated population of 160,000. Its capital is Castries. The island nation has been the home of two Nobel laureates, Arthur Lewis and Derek Walcott. It is the nation with the second most such honorees per capita after Faroe Islands.

One of the Windward Islands, it was named after Saint Lucy of Syracuse by the French, the first European colonizers. They signed a treaty with the native Carib peoples in 1660. England took control of the island from 1663 to 1667; in ensuing years, it was at war with France 14 times and rule of the island changed frequently (7 times French and British each). In 1814, the British took definitive control of the island. Because it switched so often between British and French control, Saint Lucia was also known as the "Helen of the West Indies."

Saint Lucia has a legal system based on British common law. The judiciary is independent and conducts generally fair public trials. The financial sector has weathered the global financial crisis, but the recession has hurt tourism.

Representative government came about in 1924 (with universal adult suffrage from 1953). From 1958 to 1962 the island was a member of the Federation of the West Indies. Finally, on February 22, 1979, Saint Lucia became an independent state of the Commonwealth of Nations. The island nation celebrates this every year with a public holiday. It is also a member of La Francophonie.

Barclay's Bank PLC (1)
Address: Bridge St, Castries
Mailing Address: P.O. Box 335
Phone: (1-758) 456-1000 / (1-758) 456-1125
Fax: (1-758) 453-6171 / (1-758) 452-6860

Barclay's Bank PLC (2)
Address: Vieux Fort
Phone: (1-758) 454-6255 / (1-758) 454-6165
Fax: (1-758) 454-6513

Barclay's Bank PLC (3)
Address: Soufiere
Phone: (1-758) 459-7255 / (1-758) 459-7277
Fax: (1-758) 459-7114

Barclay's Bank PLC (4)
Address: Rodney Bay Marina
Phone: (1-758) 452-9384
Fax: (1-758) 452-9854

C I B C Caribbean Ltd (1)
Address: Wm Peter Blvd, Castries
Mailing Address: P.O. Box 350
Phone: (1-758) 456-2422
Fax: (1-758) 452-3735

C I B C Caribbean Ltd (2)
Address: Frederick Clarke St, Vieux Fort
Phone: (1-758) 454-6262 / (1-758) 454-6263
Fax: (1-758) 454-5309

Caribbean Banking Corporation Ltd (1)
Address: Micoud St, Castries
Mailing Address: P.O. Box 1531
Phone: (1-758) 452-2265
Fax: (1-758) 452-1668

Caribbean Banking Corporation Ltd (3)
Address: Gablewoods Mall South, Black Bay Vieux Fort
Phone: (1-758) 454-7264 / (1-758) 454-9960
Fax: (1-758) 454-7833

Eastern Caribbean Central Bank
Address: Financial Center Bridge St, Castries
Mailing Address: P.O. Box 295
Phone: (1-758) 452-7449 / (1-758) 451-9464
Fax: (1-758) 453-6022

FirstCaribbean International Bank Ltd.
Address: Bridge Street
Mailing Address: P.O. Box 335
Phone: (1-758) 456-2422
Fax: (1-758) 452-3735

National Commercial Bank of Saint Lucia (2)
Address: Waterfront Branch, Castries
Mailing Address: P.O. Box 1031
Phone: (1-758) 456-6000
Fax: (1-758) 453-1604

National Commercial Bank of Saint Lucia (3)
Address: Vieux Fort Branch, Vieux fort
Mailing Address: P.O. Box 261
Phone: (1-758) 454-6327 / (1-758) 454-6612
Fax: (1-758) 454-5222

National Commercial Bank of Saint Lucia (4)
Address: Soufiere Branch, Soufiere
Mailing Address: P.O. Box 243
Phone: (1-758) 459-7450 / (1-758) 459-7845
Fax: (1-758) 459-7101

National Commercial Bank of Saint Lucia (5)
Address: Gros Islet Branch, Gros Islet
Mailing Address: P.O. Box 2046
Phone: (1-758) 450-8002 / (1-758) 450-0928
Fax: (1-758) 450-0816

National Commercial Bank Of Saint Lucia (Head Of)
Address: Financial Center Building 1 Bridge St, Castries
Mailing Address: P.O. Box 1860
Phone: (1-758) 456-6000
Fax: (1-758) 456-6702

Royal Bank of Canada (1)
Address: Wm Peter Blvd, Castries
Mailing Address: P.O. Box 280
Phone: (1-758) 452-2245 / (1-758) 452-2246 / (1-758) 452-2247
Fax: (1-758) 452-7855

Royal Bank of Canada (2)
Address: Rodney Bay Marina, gros Islet
Phone: (1-758) 452-9921
Fax: (1-758) 452-9923

Royal Bank of Canada (3)
Address: New Dock Rd, Vieux Fort
Phone: (1-758) 454-5804 / (1-758) 454-5808 / (1-758) 454-5810
Fax: (1-758) 454-5855

Royal Bank of Canada (4)
Address: Business Banking Centre
Phone: (1-758) 450-3951 / (1-758) 450-3961
Fax: (1-758) 450-3962

St Lucia Co-Operative Bank (3)
Address: Commercial St, Vieux Fort
Mailing Address: P.O. Box 342
Phone: (1-758) 454-6213
Fax: (1-758) 454-6137

St Lucia Co-Operative Bank Ltd (1)
Address: 21 Bridge St, Castries
Mailing Address: P.O. Box 168
Phone: (1-758) 452-2880 / (1-758) 452-2881 / (1-758) 452-2882
Fax: (1-758) 453-1630

St Lucia Co-Operative Bank Ltd (2)
Address: J Q's Mall, Rodney Bay
Phone: (1-758) 452-8882 / (1-758) 452-8883 / (1-758) 458-0469
Fax: (1-758) 452-8884

St Lucia Development Bank
Address: The Financial Centre Bridge St, Castries
Mailing Address: P.O. Box 368
Phone: (1-758) 457-7532
Fax: (1-758) 457-7299

The Bank of Nova Scotia (1)
Address: 6 WM Peter Blvd, Castries
Mailing Address: P.O. Box 301
Phone: (1-758) 456-2100
Fax: (1-758) 456-2130

The Bank of Nova Scotia (2)
Address: Cnr Chausse Rd & Hight St
Phone: (1-758) 452-3797
Fax: (1-758) 452-2938

The Bank of Nova Scotia (3)
Address: New Dock Rd, Vieux Fort
Mailing Address: P.O. Box 223
Phone: (1-758) 454-6314
Fax: (1-758) 454-5616

The Bank of Nova Scotia (4)
Address: Rodney Bay
Phone: (1-758) 452-8805
Fax: (1-758) 452-0047

Saint Lucia
FirstCaribbean International Bank (Barbados) Ltd.

FirstCaribbean operates four branches and seven ABMs in Saint Lucia.

Click here to learn more about Saint Lucia.

Swift Code: FCIBLCLC

Branches and ABMs

Bridge Street Branch
P.O. Box 335, Bridge Street
Castries, Saint Lucia

Tel: 758-456-2422
Fax: 758-452-3735

Rodney Bay Branch
Rodney Bay, Gros Islet

Tel: 758-452-9384
Fax: 758-452-9854

Soufriere Branch
P O Box 207, Soufriere

Tel: 758-459-7255
Fax: 758-459-7114

Vieux Fort Branch
P O Box 255, New Dock Road,
Vieux Fort

Tel: 758-454-6255
Fax: 758-454-6513

Opening Hours
Mon - Thurs: 8am - 2pm
Fri: 8am - 5pm

Civil Service Credit Union Building - ABM
Jeremie Street, Castries

SuperJ's Building - ABM
La Clery, Castries

Saint Lucia Banking involves Eastern Caribbean Central Bank and seven commercial banks. Saint Lucia banking operations are spread out in the cities of Castries (capital of Saint Lucia), Vieux Fort, Rodney Bay and Soufriere. The seven commercial banks with branches throughout the island of St. Lucia provide banking facilities to local inhabitants and tourists alike.
Eastern Caribbean Central Bank in Saint Lucia
Eastern Caribbean Central Bank is the banker's bank in Saint Lucia and controls all banking activities. Established in October 1983, this Central Bank is the monetary authority for eight Caribbean authorities, namely, Saint Lucia, Saint Vincent and the Grenadines, Saint Kitts and Nevis, Grenada, Montserrat, Commonwealth of Dominica, Anguilla, and Antigua and Barbuda.

The functions of Eastern Commercial Central Bank include:
Promotion and maintenance of monetary stability
Credit control and regulation of money
To help in establishing a strong financial framework for balanced economic growth and development of the eight participating nations
Promoting a stable credit and exchange mechanism
Eastern Caribbean Central Bank is located in Financial Center, Bridge Street, Castries, Saint Lucia.

Saint Lucia Banks
There are seven commercial banks operating in Saint Lucia. These banks offer all banking facilities to its individual and corporate customers. Tourists can avail of the currency and check exchange facilities offered by these banks. The Saint Lucia commercial banks are:
Barclays Bank Plc. having 22 branches in Castries, Vieux Fort, Rodney Bay, Barfincor;
National Commercial Bank of St. Lucia Ltd. operating through 7 branches in Castries, Vieux Fort, Soufriere, Gros Islet;
St. Lucia Co-operative Ltd. officiates 6 branches in Castries, Rodney Bay, Vieux Fort;
Royal Bank of Canada has 5 working branches in Castries, Rodney Bay, Vieux Fort;
Caribbean Banking Corporation Ltd. operates 4 branches in Castries, Vieux Fort;
The Bank of Novia Scotia operates through 4 branches in Castries, Vieux Fort, Rodney Bay
Cibc Caribbean Ltd. has 2 branches in Castries and Vieux Fort
Saint Lucia Banking is well spread out and extends all commercial facilities to its local and overseas customers. A smooth banking operation makes the journey of the tourist more enjoyable.

History
Main article: History of Saint Lucia
Europeans first landed on the island in either 1492 or 1502 during Spain's early exploration of the Caribbean. The English failed in their first attempts at colonization in the early 17th century.

The island was first settled by the French, who signed a treaty with the local Caribs in 1660. Like the English and Dutch, the French began to develop the island for the cultivation of sugar cane on extensive plantations. After trying to use the Carib as laborers, they started to import enslaved Africans as workers. Many of the Caribs died because of lack of immunity to Eurasian diseases, such as smallpox and measles, and as a result of being overworked and maltreated by the Europeans.

Caribbean conditions were hard, and many slaves died before they lived long enough to have children. The French (and later British) continued to import slaves until the latter nation abolished the trade, and then the legal institution. By that time, people of ethnic African descent greatly outnumbered those of ethnic European background.

Thereafter Saint Lucia was much contested by the two European powers until the British secured it in 1814. It was part of the British Windward Islands colony.

It joined the West Indies Federation (1958–62) when the colony was dissolved. In 1967, Saint Lucia became one of the six members of the West Indies Associated States, with internal self-government. In 1979 it gained full independence under Sir John Compton. Compton, of the conservative United Workers party (UWP), was again prime minister from 1982 to 1996, when he was succeeded by Vaughn Lewis.

Kenny Anthony of the Labor party was prime minister from 1997 to 2006, when the UWP, again led by Compton, won control of parliament. In May, 2007, after Compton suffered a series of ministrokes, Finance and External Affairs Minister Stephenson King became acting prime minister. He became prime minister after Compton died in September 2007.

Politics
Main article: Politics of Saint Lucia
See also: Foreign relations of Saint Lucia
As a Commonwealth realm, Saint Lucia recognises Queen Elizabeth II as the Head of State of Saint Lucia, represented on the island by a Governor-General. Executive power, however, is in the hands of the prime minister and his cabinet. The prime minister is normally the head of the party commanding the support of the majority of the members of the House of Assembly, which has 17 seats. The other chamber of Parliament, the Senate, has 11 appointed members. Saint Lucia is a two-party parliamentary democracy. Prime Minister Stephenson King of the business-friendly United Workers Party took office in 2007. Saint Lucia is a member of the Caribbean Community and Common Market and home to the Organization of Eastern Caribbean States.

Saint Lucia is a full and participating member of the Caribbean Community (CARICOM), Organisation of Eastern Caribbean States (OECS) and La Francophonie.

Quarters
Main article: Quarters of Saint Lucia
Saint Lucia is divided into 11 quarters, or sections of the island, which were sometimes called "districts" under the British colonial government:

1.Anse la Raye Quarter
2.Castries Quarter
3.Choiseul Quarter
4.Dauphin Quarter
5.Dennery Quarter
6.Gros Islet Quarter
7.Laborie Quarter
8.Micoud Quarter
9.Praslin Quarter
10.Soufrière Quarter
11.Vieux Fort Quarter

Quarters of Saint LuciaSaint Lucia is also divided into 17 electoral districts for the 17 seats in the House of Assembly (each with title "Parliamentary Representative"):

Canaries & Anse La Raye
Babonneau
Castries Central
Castries North
Castries North East
Castries South
Castries South East
Choiseul
Dennery North
Dennery South
Gros Islet
Laborie
Micoud North
Micoud South
Soufriere
Vieux Fort North
Vieux Fort South

Geography
Main article: Geography of Saint Lucia

View of Soufrière
Map of Saint Lucia. See also: Atlas of Saint LuciaThe volcanic island of Saint Lucia is more mountainous than many other Caribbean islands, with the highest point being Mount Gimie, at 950 metres (3,120 ft) above sea level. Two other mountains, the Pitons, form the island's most famous landmark. They are located between Soufrière and Choiseul on the western side of the island. Saint Lucia is also one of the few islands in the world that boasts a drive-in volcano.

The capital city of Saint Lucia is Castries, where about one third of the population lives. Major towns include Gros Islet, Soufrière and Vieux Fort. The local climate is tropical, moderated by northeast trade winds, with a dry season from December 1st to May 31st, and a wet season from June 1st to November 30th.

Economy
Main article: Economy of Saint Lucia
Its economy depends primarily on tourism, banana production, and light manufacturing. An educated workforce and improvements in roads, communications, water supply, sewerage, and port facilities have attracted foreign investment in tourism and in petroleum storage and transshipment. However, with the U.S., Canada, and Europe in recession, tourism declined by double digits in early 2009. Because of fluctuations in banana prices and possible World Trade Organization–imposed reductions in European Union trade preferences, the government is encouraging farmers to diversify into such crops as cocoa, mango, and avocados. The recent change in the European Union import preference regime and the increased competition from Latin American bananas have made economic diversification increasingly important in Saint Lucia. The island nation has been able to attract foreign business and investment, especially in its offshore banking and tourism industries, which is the island's main source of revenue. The manufacturing sector is the most diverse in the Eastern Caribbean area, and the government is trying to revitalize the banana industry. Despite negative growth in 2001, economic fundamentals remain solid, and GDP growth should recover in the future.

Inflation has been relatively low, averaging 5.5 percent between 2006 and 2008. Saint Lucia’s currency is the Eastern Caribbean Dollar (EC$), a regional currency shared among members of the Eastern Caribbean Currency Union (ECU). The Eastern Caribbean Central Bank (ECCL) issues the EC$, manages monetary policy, and regulates and supervises commercial banking activities in member countries. In 2003, the government began a comprehensive restructuring of the economy, including elimination of price controls and privatization of the state banana company. Five points were deducted from Saint Lucia’s monetary freedom score to adjust for measures that distort domestic prices.

Demographics

Castries, capital city of Saint LuciaMain article: Demographics of Saint Lucia
Most of the population of Saint Lucia is of African descent (81% of the population). There is also a significant racially mixed minority representing 11.9%, with Indo-Caribbean or Indian groups at 2.4%, and a small ethnic European minority (descendants of French and British colonists). Members of other or unspecified ethnicity groups account for 3.1%. There are small numbers of IrishGreeks, Lebanese, Syrians, Italians, Chinese, North Americans, Portuguese, Germans. Arawak-Carib Amerindian groups account for 1.6%.

The official language is English, but an Antillean Creole, which is based on French, is spoken by 80% of the population. Antillean Creole is increasingly used in literature and music, and is gaining official recognition. It evolved from French, African languages, and Carib. Saint Lucia is a member of La Francophonie.

Saint Lucia boasts the highest ratio of Nobel laureates produced with respect to the total population of any country in the world. Two winners have come from St. Lucia: Sir Arthur Lewis won the Nobel Prize in Economics in 1979, and Derek Walcott received the Nobel Prize in Literature in 1992. Both were born on the same date in 1915 and 1930, respectively: January 23.

About 70% of the population is Roman Catholic, influenced from the days of French Catholic rule and evangelization. Most of the rest belong to other Christian denominations, including Seventh-day Adventisms (7%), Pentecostalism (6%), Anglicanism (2%), Evangelical Christianity (2%), and the Baptist faith; in addition, about 2% of the population adheres to the Rastafari movement.

Migration from Saint Lucia is primarily to Anglophone countries, with the United Kingdom (see Saint Lucian British) having almost 10,000 Saint Lucian-born citizens, and over 30,000 of Saint Lucian heritage. The second most popular destination for Saint Lucian expatriates is the United States, where combined (foreign and national born Saint Lucians) almost 14,000 reside. Canada is home to a few thousand Saint Lucians. Most other countries in the world have fewer than 50 citizens of Saint Lucian origin (the exceptions being Spain and France with 124 and 117 Saint Lucian expats respectively).

Health
Public expenditure on health was at 3.3 % of the GDP in 2004, whereas private expenditure was at 1.8 %. Health expenditure was at US$ 302 (PPP) per capita in 2004. Infant mortality was at 12 per 100,000 births in 2005. There is one public hospital and one private hospital in St. Lucia. There was a second, but it was burnt down in a fire in the early hours of September 9, 2009.

Culture
Main article: Culture of Saint Lucia
See also: Derek Walcott and Music of Saint Lucia

Saint Lucia Jazz Festival in CastriesThe culture of Saint Lucia has been influenced by African, East Indian, French and English heritage. One of the secondary languages is Creole, a form of French patois.

Festivals
Saint Lucian cultural festivals include La Rose and La Marguerite, the first's representing the Rosicrucian order, and the second's representing Freemasonry. This can be seen on a mural painted by Dunstan St. Omer, depicting the holy trinity of Osiris, Horus and Isis.

Traditionally in common with other Caribbean countries, Saint Lucia held a carnival before Lent in association with Mardi Gras. In 1999, the government moved Carnival to mid-July to avoid competing with the much larger Trinidad and Tobago carnival. It wanted to attract more overseas visitors.

In May 2009, St. Lucians commemorated the 150th Anniversary of East Indian Heritage on the island, the first of its annual celebration.

Music and dance
A popular folk dance is the Quadrille.

Together with Caribbean music genres such as soca, zouk, kompa and reggae, Saint Lucia has a strong indigenous folk music tradition.

Each May since 1991, Saint Lucia has hosted an internationally renowned Jazz Festival.

Education
The Education Act provides for free and compulsory education in Saint Lucia from the ages of 5 to 15. Literacy is very common. Public spending on education was at 5.8 % among the 2002-2005 GDP. Saint Lucia has one university; University of the West Indies Open Campus.

Tourism
Main article: Tourism in Saint Lucia
Tourism is vital to Saint Lucia's economy. Its economic importance is expected to continue to increase as the market for bananas becomes more competitive. Tourism tends to be more substantial during the dry season (January to April). Saint Lucia tends to be popular due to its tropical weather and scenery and its numerous beaches and resorts.

Other tourist attractions include a drive-in volcano, Sulphur Springs (at Soufrière), the Botanical Gardens, the Majestic twin Peaks "The Pitons", A world heritage site, the rain forests, and Pigeon Island National Park, which is home to Fort Rodney, an old British military base.

The majority of tourists visit Saint Lucia as part of a cruise. Most of their time tends to be spent in Castries, although Soufriere, Marigot Bay and Gros Islet are popular locations to visit.

A panorama of Marigot Bay

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