Tag Archives: Grenadian Prime Minister Dr Keith Mitchell

Grenada: First to approve Republic Bank Acquisition of Scotiabank in the Caribbean

Grenada Signs Vesting Order

ST GEORGE’S, Grenada, Friday October 18, 2019 – Prime Minister and Minister of Finance Dr Keith Mitchell has become the first regional leader to sign the vesting order required to facilitate the acquisition of the Bank of Nova Scotia operations by Republic Bank Financial Holdings Limited.

The planned acquisition was first announced in 2018 and in September this year, the Eastern Caribbean Central Bank in consultation with the ECCB Monetary Council approved the application for the transfer of Scotiabank’s assets and liabilities in Grenada and five other Caribbean countries.

Dr Mitchell who is the current Chairman of the ECCB Monetary Council, said it was important for Grenada to show leadership in the conclusion of the matter.            Continue reading

British PM announces US$544m development package for Caribbean

British PM announces US$544m development package for Caribbean

Published on October 1, 2015 – Caribbean News Now

cameronPhoto: Jamaica’s Prime Minister Portia Simpson Miller (right) looks on as Chief of Defence Staff Major General Antony Anderson is introduced to British Prime Minister David Cameron (third right), by British High Commissioner to Jamaica, David Fitton (left). Prime Minister Cameron arrived at the Norman Manley International Airport in Kingston, on September 29 for a two-day official visit.

UK Offers Caribbean Aid Over Reparations 

KINGSTON, Jamaica — British Prime Minister David Cameron has announced a £360 million (US$544 million) development package for the Caribbean, which will provide grants for infrastructure projects like roads and bridges.  Continue reading