Basseterre, St Kitts, 31st October 2012 -- Senior officers from commercial banks and non-bank financial institutions which operate within the Eastern Caribbean Currency Union (ECCU) and the wider Caribbean will take an in-depth look at financial sector stability when the 23rd Annual Conference with Commercial Banks convenes at the ECCB Headquarters, St Kitts and Nevis, on 8 and 9 November.
The Eastern Caribbean Central Bank (ECCB) has been hosting the Annual Conference with Commercial Banks since 1990. The conference serves as a forum for discussing issues which are critical to the development of the region’s financial and banking sector. The theme of this year’s conference is:
“Financial Stability: A Prerequisite for Growth”. The discussions will focus on three sub-themes:
1. Engendering growth within the ECCU: The role of commercial banks;
2. Promoting effectiveness and efficiency in regulation and supervision; and
3. A strong financial system: A prerequisite for sustainable growth in the ECCU?
Mr Jide Lewis, Chief Economist of the Bank of Jamaica; Mr Mark Strang, Vice President, International Compliance and Operations Risk of the Bank of Nova Scotia, Canada; and Dr Gene Leon, International Monetary Fund (IMF) Senior Resident Representative to Jamaica will present the papers on the respective sub-themes.
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