Tag: Bank of Montserrat
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Bank of Montserrat Ltd. Updates its International Correspondent Banking Service for USD and GBP Transactions, Effective Immediately
Bank of Montserrat Limited announced that effective immediately, they will “no longer utilise Gibraltar International Bank for our USD and GBP correspondent banking services. The change impacts the national bank’s international correspondent banking arrangements for United States Dollar (USD) and British Pound Sterling (GBP) transactions. “Moving forward, all USD and GBP remittances should be routed…
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Bank of Montserrat Awards Two Scholarships for Chartered Surveyors Certification
Bank of Montserrat Limited has awarded two scholarships to Jenzil Skerritt and Szjohn Griffith, to pursue the esteemed Royal Institute of Chartered Surveyors (RICS) certification. According to a release from the national bank, the “purpose of these scholarships is to build capacity in the field of valuations and increase the number of RICS-certified Valuators on…
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Lauren Estwick Awarded Bank of Montserrat Ltd.’s DRV “Frank” Edwards Memorial Scholarship
Bank of Montserrat Limited has awarded the DRV “Frank” Edwards Memorial Scholarship to Ms Lauren Estwick. Estwick, a graduate of Montserrat Secondary School and Montserrat Community College, will pursue a Bachelor of Science in Banking & Finance at the University of the West Indies Mona Campus in Jamaica. This is the second time that the…
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Experts Offer Advice on Building A Home at Bank of Montserrat’s Homeowners Showcase
The process of building a home from idea to financing was shared with aspiring homeowners at Bank of Montserrat Ltd.’s first Homeowners Showcase. The event, held on Saturday, August 12, 2023, at the Montserrat Cultural Centre and streamed online, featured experts who work at various stages of the home ownership process. The day began with…
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Minister of Housing Encourages Aspiring Homeowners to Access Government Housing Programmes
Minister of Lands & Housing Crenston Buffonge on Saturday, August 12, 2023 encouraged aspiring homeowners to take advantage of Government of Montserrat grants to make their dreams of owning a home a reality. The minister was speaking at Bank of Montserrat Ltd.’s first Homeowners Showcase held at the Montserrat Cultural Centre. Minister Buffonge commended the…
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Bank of Montserrat to Host Homeowners Showcase on Saturday
Bank of Montserrat Limited is hosting its first Homeowners Showcase on Saturday, August 12, 2023 at the Montserrat Cultural Centre. In an interview on ZJB Radio Montserrat, General Manager Baldwin Taylor said “applying for mortgages can be a very intimidating process.” The one-day event is aimed at aspiring homeowners who want to understand all aspects…
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Apply for the Bank of Montserrat Limited Frank Edwards Memorial Scholarship
Bank of Montserrat Limited is inviting applicants for the DRV Frank Edwards Memorial Scholarship. The DRV “Frank” Edwards Memorial Scholarship program is awarded on a triennial basis to one successful candidate who wishes to pursue a three-year undergraduate degree in banking or related fields, such as: Banking and Finance, Accounting, Business Management, Computer Science, Human…
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Bank of Montserrat Opens New ATM in St. Peters
Bank of Montserrat Limited has opened an additional automated teller machine (ATM) today. This takes the number of ATMs the Bank now has on the island to two. The new ATM is located at the Osborne Service Centre in St. Peters and will be accessible to customers 24-Hours a Day. Customers are advised that there…
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Bank of Montserrat Continues Support for Education
Bank of Montserrat Ltd continued its support for the education of the nation’s children with several contributions to local institutions. The island’s national bank has already delivered on its pledge to donate $2000 to the St. Augustine Roman Catholic Primary School’s Radiothon. The private school held the fundraiser on July 2 to help defray costs…
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63 Students Graduate from Montserrat Secondary, Vashirn Roache is Top Student
Montserrat Secondary School held the graduation ceremony for 63 students last Wednesday, July 6 at the Montserrat Cultural Centre. During a lengthy ceremony, graduands were encouraged by the Featured Speaker and MSS Alumni Dr. Tiffannie Skerritt to pursue their dreams even if it means leaving the island. The physician, who returned to island earlier this…
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Credit Union Working to Break Bank of Montserrat Monopoly
The St. Patrick’s Cooperative Credit Union (SPCCU) is positioning to break the current monopoly that Bank of Montserrat Ltd has in Montserrat. This was revealed during the SPCCU’s 49th Annual General Meeting of Audited Statements for 2019 and 2020 held on Tuesday, June 14 at the Montserrat Cultural Centre. The event, which was also streamed…
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Bank of Montserrat Ltd. Temporarily Reduces in Person Services
As Montserrat continues to experience an increase in COVID-19 cases, Bank of Montserrat Ltd. has not been immune from the effects. To protect staff and customers, bank officials announced today it will be reducing its face-to-face services as of Friday, May 6, 2022. General Manager Baldwin Taylor said that the bank is currently operating with…
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Bank of Montserrat Adjusts Hours and Services Due to Increased COVID-19 Cases
Bank of Montserrat Limited (BOML) announced Thursday new banking hours and a reduction of services due to the increase of COVID-19 cases on the island. Kathyan Fenton, Senior Manager of Operations for BOML said, due to challenges brought on by the increased cases of COVID-19, the bank will offer limited services namely withdrawals, deposits, wire…
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ECCB Governor Encourages Bank of Montserrat Customers to Be Patient During Transition
Governor Timothy N.J. Antoine of the Eastern Caribbean Central Bank encouraged customers of Bank of Montserrat Ltd. to consider the current transition phase as the turbulence an aircraft experiences as it is climbing to a higher altitude and for patience as the institution works to improve its services. The governor was responding to a question…
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Royal Bank of Canada Operations in the Eastern Caribbean Sold
The Eastern Caribbean Central Bank (ECCB) advises that effective 1 April 2021, the Royal Bank of Canada’s (RBC) operations in Antigua and Barbuda, the Commonwealth of Dominica, Montserrat, Saint Christopher (St Kitts) and Nevis and Saint Lucia will cease, having been acquired by a consortium of national banks. The Consortium of banks comprises: Antigua Commercial Bank…