A local bank in Grenada whose core business is providing services to the island’s offshore sector does not even have a valid license, according to the Eastern Caribbean Central Bank.
But Capital Bank International is still operational because an ECCB recommendation to close it down has been ignored by Grenada’s Minister of Finance, Anthony Boatswain.
Grenada ignores recommendation to close down ‘unlicensed’ bank
21 years ago
Topics
Banks & Trusts Fraud GrenadaKeywords
Albert Redhead Anthony Boatswain Capital Bank International Dennis Byron Dwight Venner