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Posted: Sunday 15 May, 2011 at 9:02 AM

St. Kitts Business Updates

By: Jenise Ferlance, SKNVibes.com

    BASSETERRE, St. Kitts – SKNVIBES will be featuring an article every Friday titled ‘Business Updates’. The article will give brief details about what is happening in the business community around Basseterre, including events and promotions.
     
    We start this week with Royal Bank of Canada; a financial institution that is currently continuing its Mortgage Campaign.
     
    Officially launched on April 18 and scheduled to end at the beginning of June, consumers are offered zero percent down payment if they have their own property, 10 percent down payment with mortgage indemnity insurance and up to 30 years to complete payment with 7.75 percent interest.

     

    FirstCaribbean International Bank has announced that CIBC Senior Executive Douglas ‘Rik’ Parkhill has been appointed the institution’s new Chief Executive Officer (CEO), effective September, pending regulatory and government approvals.

     

    Parkhill will replace the current CEO, John Orr, who will be returning to CIBC as Executive Vice President, Corporate Development and Strategy, following the conclusion of his three-year term leading the bank.

     

    There you have it for this week’s Business Updates. If you are interested in having your information featured in our weekly articles, you may email the information to editor@sknvibes.com and we will be sure to include your information.

     

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