Year: 2022

25- Jun2022
Posted By: BASL

Saint Lucian Banks Celebrate Reading Month

Members of the Bankers’ Association celebrated reading month in May by visiting schools around the island, reading with students, and distributing gift bags.

Republic Bank visited the Babonneau Primary School, while Bank of Saint Lucia visited schools in the Vieux Fort district.

03- Jun2022
Posted By: BASL

Supply Chain Resilience – An Imperative for the ECCU

Global Supply Chain Shocks and Disruptions

On 23 March 2021, traffic through the Suez Canal ground to a halt causing a backlog of container ships from Asia to Europe and giving way to another round of uncertainty in the global supply chain. This followed on the disruptions and pressures arising from the fallout caused by the worldwide spread of the coronavirus. Global supply chain crisis is not new. The global supply chain has been impacted over the years by various factors such as a shortage of inputs and fuel, wars and geopolitical tensions, and climatic conditions. However, never has the supply chain been more tested than now, due to the COVID-19 pandemic. The global pandemic has revealed the fragility of the supply chain and the resulting impact on our lives and livelihoods.

Read the full article on the ECCB website here.

21- Feb2022
Posted By: BASL

Essay Writing Competition Winners

The Bankers’ Association of Saint Lucia recently held a prize-giving ceremony for its Essay Competition, with the theme of “The impact of COVID-19 on my family finances and how I have adapted to the new normal”.