Eastern Caribbean Asset Management Corporation

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Eastern Caribbean Asset Management Corporation Financial Services (Asset and Receivership Management)

Happy 45th Independence Anniversary, Antigua and Barbuda!On this momentous occasion, the Eastern Caribbean Asset Managem...
01/11/2026

Happy 45th Independence Anniversary, Antigua and Barbuda!

On this momentous occasion, the Eastern Caribbean Asset Management Corporation (ECAMC) extends heartfelt congratulations and best wishes to the Government and people of Antigua and Barbuda.

For 45 years, the twin-island nation has continued to demonstrate resilience, determination and an enduring commitment to progress.

As we commemorate this year's theme, “Renaissance: Rooted in Pride, Bounded by Prosperity for All,” we celebrate the nation's vibrant culture, rich heritage and the collective aspirations of its people.

May this anniversary inspire continued unity, opportunity and prosperity for generations to come.

🇦🇬 Happy Independence Day, Antigua and Barbuda!

Restoring Assets. Strengthening the System.

ECAMC is proud to sponsor the Commonwealth Business Forum 2026 in Antigua and Barbuda!From 2 to 4 November, Sticky Wicke...
29/10/2026

ECAMC is proud to sponsor the Commonwealth Business Forum 2026 in Antigua and Barbuda!

From 2 to 4 November, Sticky Wicket in Coolidge will welcome Heads of Government, Ministers, investors and business leaders from the Commonwealth's 56 member countries as part of the Commonwealth Heads of Government Meeting (CHOGM) 2026.

Organised by the Commonwealth Enterprise and Investment Council (CWEIC) in partnership with the Commonwealth Secretariat and the Government of Antigua and Barbuda, the Forum provides an opportunity to strengthen international business connections and explore investment opportunities.

Who is ECAMC?

We are the Eastern Caribbean Asset Management Corporation, a regional institution working to resolve non-performing loans across the eight member territories of the Eastern Caribbean Currency Union and return distressed assets to productive use.

At the Forum, we look forward to connecting with investors, financial institutions and development partners to build partnerships that support a stable and resilient regional financial sector.

📍 Attending as a delegate? Stop by the ECAMC stand to meet our team!

🏢 Looking for property in the Eastern Caribbean? Explore our available properties at https://www.ec-amc.com

Restoring Assets. Strengthening the System.

Antigua and Barbuda CHOGM 2026

The International Monetary Fund (IMF) has published its latest outlook for the economies of the Western Hemisphere, incl...
27/10/2026

The International Monetary Fund (IMF) has published its latest outlook for the economies of the Western Hemisphere, including the Eastern Caribbean. The report, released on 16 October 2026, sets out how fast the IMF expects each economy to grow.

Growth here means the increase in the total value of goods and services an economy produces in a year. For the Eastern Caribbean Currency Union as a whole, the IMF projects growth of 2.4% in 2026, and 2.4% again in 2027.

The projections for 2026 by territory are: Grenada 3.9%, Dominica 3.1%, Antigua and Barbuda 2.4%, Saint Vincent and the Grenadines 2.3%, St Kitts and Nevis 1.8% and Saint Lucia 1.2%.

Tourism is the main industry in most of the region. The report records that the number of overnight visitors to the Caribbean rose by 6% in the first half of 2026. Even so, the IMF expects Caribbean economies that depend on tourism to grow by less than 2% a year on average over the next five years: 1.4% in 2026 and 2.3% in 2027. More visitors do not on their own mean faster growth across the whole economy.

This matters to the Eastern Caribbean Asset Management Corporation. The Corporation acquires non-performing loans from banks and manages the collateral that secures them, including hotels, homes and commercial buildings across the currency union. The buyers for these properties are part of the same tourism and investment economy the IMF describes. A steady outlook is the setting in which the Corporation prices and markets them, on evidence.

Eight territories, one currency, one regional outlook.

Details are on the IMF’s website: https://www.imf.org/en/publications/reo/wh/issues/2026/10/16/regional-economic-outlook-for-the-western-hemisphere-october-2026

Happy Independence Day, Saint Vincent and the Grenadines!Today marks 47 years since Saint Vincent and the Grenadines bec...
27/10/2026

Happy Independence Day, Saint Vincent and the Grenadines!

Today marks 47 years since Saint Vincent and the Grenadines became independent on 27 October 1979. This year’s celebrations are held under the theme “Hand in Hand, Uplifting Our Nation”.

The Eastern Caribbean Asset Management Corporation congratulates the Government and people of Saint Vincent and the Grenadines, at home and across the diaspora, on this proud milestone.

KNOW YOUR CORPORATION | Explainer No. 5: How does ECAMC sell a property?October is Financial Information Month across th...
23/10/2026

KNOW YOUR CORPORATION | Explainer No. 5: How does ECAMC sell a property?

October is Financial Information Month across the Eastern Caribbean Currency Union. The fifth explainer in the Corporation's series sets out how a property held by ECAMC is offered for sale, and how an offer is made.

Every property the Corporation sells is marketed openly, through its website and social media, newspaper advertising and other channels. Listings on the website are arranged by territory.

A sale takes place in one of three ways: by public auction; by tender, where buyers submit competitive bids; or by private treaty, where the sale is agreed directly with a buyer.

Price is set on evidence. Market value is determined by an appraiser on the Eastern Caribbean Central Bank's list of appraisers for licensed financial institutions. The appraiser visits the property and reports on its features and value. The Corporation then seeks the best price reasonably obtainable at the time of sale, taking account of market factors and professional advice.

An offer is made in writing to the Corporation or its agent. The offer letter sets out the buyer's full name and contact details, the date of the offer , the address and type of property, and the price offered.

Enquiries on any listed property go to the Asset Management Department: +1 (268) 464-2409 (call or WhatsApp) or [email protected].

More in this series in the weeks ahead.

🌐 ec-amc.com

Restoring Assets. Strengthening the System.

REGIONAL WATCH | Complaints to the ECCB's Office of Financial Conduct are now openSince Thursday 15 October 2026, custom...
19/10/2026

REGIONAL WATCH | Complaints to the ECCB's Office of Financial Conduct are now open

Since Thursday 15 October 2026, customers of banks and other licensed financial institutions can take a complaint to the Office of Financial Conduct at the Eastern Caribbean Central Bank (ECCB).

What the Office handles:
– Unfair treatment by a bank or licensed institution
– Misleading or incomplete information about a product or service
– Fees and charges
– Banking products and accounts
– Access to financial services

The service is free. A lawyer is not needed.

How the route works:
1. The complaint goes first to the bank or institution, which should be given a fair chance to resolve it. Copies of letters, emails and notes of calls should be kept.
2. If the matter remains unresolved, it can be sent to the Office through its online portal, by email to [email protected], by WhatsApp to 1 (869) 660-7889 or 1 (869) 660-5635 (Monday to Friday, 8:00 am to 4:00 pm), or by post to the ECCB Headquarters in Basseterre. The complaint should include a copy of government-issued ID, the correspondence with the institution, and a short account of what happened and the outcome sought.
3. The Office confirms receipt with a reference number and assesses the complaint. Depending on the matter, it may seek to resolve the dispute, investigate, or refer the complaint to another body. It then sends a written decision.

The Office does not give legal advice, replace the courts or guarantee compensation.

The Banking Act amendments that give the Office its framework have been passed to date in Antigua and Barbuda, Dominica, Grenada, Montserrat, St Kitts and Nevis, and Saint Vincent and the Grenadines.

The Office deals with how institutions treat their customers. The Eastern Caribbean Asset Management Corporation deals with loans that have already become non-performing. Both serve a sound and trusted banking system across the currency union.

Details are on the ECCB's website: ofcweb.eccb-centralbank.org

KNOW YOUR CORPORATION | Explainer No. 4: Which loans does ECAMC acquire?October is Financial Information Month across th...
16/10/2026

KNOW YOUR CORPORATION | Explainer No. 4: Which loans does ECAMC acquire?

October is Financial Information Month across the Eastern Caribbean Currency Union. The fourth explainer in the Corporation’s series sets out which loans come to ECAMC.

ECAMC acquires loans only from Approved Financial Institutions. These are licensed institutions approved by the Monetary Council of the Eastern Caribbean Central Bank. A loan is acquired only with the consent of the institution selling it.

Not every loan comes to the Corporation. A loan must meet three tests. It must be a commercial loan. The amount still owed on it, the outstanding principal, must be EC$300,000 or more. And it must be adequately secured by collateral, such as land or a building, that can be transferred. These criteria are set by the Corporation’s Board of Directors.

The Corporation acquires loans in collaboration with the Approved Financial Institution and an independent expert appraiser.

After an acquisition, the borrower is notified and the collaborative process with the Corporation begins. Settlement and restructuring are the first options considered.

More in this series in the weeks ahead.

🌐 www.ec-amc.com

Restoring Assets. Strengthening the System.

FOR SALE | Calibishie Cottages, DominicaThe Eastern Caribbean Asset Management Corporation invites enquiries for Calibis...
14/10/2026

FOR SALE | Calibishie Cottages, Dominica

The Eastern Caribbean Asset Management Corporation invites enquiries for Calibishie Cottages. The property has three self-contained one-bedroom cottages on a terraced hillside site in Calibishie, on Dominica’s north-east coast, with views across the village towards the sea.

This is a restoration opportunity. It suits a buyer who wants to bring a group of cottages back into use as holiday lets, a small guest-house operation or long-term rental accommodation, in a village known for its coastline and steady visitor interest.

Location: Calibishie, Dominica
Accommodation: Three self-contained one-bedroom cottages
Pricing: Available on enquiry

Interior images include staging. Furnishings are not included in the sale, and the property is offered on an as-is basis.

Enquiries are welcome from local, regional and international buyers:
📞 +1 (268) 464-2409 (call or WhatsApp)
✉️ [email protected]

What would you do with three cottages in Calibishie?

Restoring Assets. Strengthening the System.

Regional Watch | How a domain name became Anguilla’s biggest earnerEvery country has a two-letter internet code. Anguill...
12/10/2026

Regional Watch | How a domain name became Anguilla’s biggest earner

Every country has a two-letter internet code. Anguilla’s is “.ai”, the same letters that stand for artificial intelligence. As AI companies around the world sought .ai web addresses, registrations passed one million in January 2026.

The fees are now a major source of income for the Government of Anguilla. Between January and July 2026, domain registrations brought in EC$217 million (US$80 million). That is almost half of all government revenue in that period, at 47.5 per cent. It is also more than the EC$203 million in taxes paid by the island’s entire productive sector over the same months. The Government expects EC$253 million from domain fees for the full year.

What the money is doing: it has helped pay for airport and road projects. A sovereign wealth fund, a national savings fund designed with help from the International Monetary Fund, is now being drafted into law, so that part of the windfall can be saved for the future.

A note of caution: officials and the IMF have said the boom may not last. The Government expects domain income to fall as a share of total revenue as new registrations slow. That is why saving part of it matters.

Source: Premier Cora Richardson Hodge, address of 23 September 2026, as reported by Nation News and the Jamaica Gleaner.

KNOW YOUR CORPORATION | Explainer No. 3: Who stands behind ECAMC?October is Financial Information Month across the Easte...
09/10/2026

KNOW YOUR CORPORATION | Explainer No. 3: Who stands behind ECAMC?

October is Financial Information Month across the Eastern Caribbean Currency Union. The third explainer in the Corporation's series sets out how ECAMC was established, who owns it and to whom it reports.

ECAMC is a regional institution. It was created by the ECAMC Agreement between the eight governments of the currency union: Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, St Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines. Each of the eight enacted the Agreement into its own law between November 2015 and April 2017. The Corporation's headquarters are in St John's, Antigua and Barbuda.

The eight governments own the Corporation together. Each government appoints one director to the Board, and the Chief Executive Officer also sits on the Board. The Chairman and Deputy Chairman are appointed by the Monetary Council of the Eastern Caribbean Central Bank.

The Monetary Council, made up of the finance ministers of the eight member countries, oversees the Corporation's work. It receives a report on the Corporation's activities and accounts every quarter, and its audited accounts every year, and it commissions an independent review of the Corporation's progress each year.

The Corporation's mandate is to acquire non-performing loans from Approved Financial Institutions and resolve them, and to act as receiver of a financial institution when appointed by the ECCB.

More in this series in the weeks ahead.

🌐 www.ec-amc.com

Restoring Assets. Strengthening the System.

Address

Suite 23, Woods Mall, Friars Hill Road
Saint John

Opening Hours

Monday 08:00 - 13:00
Tuesday 08:00 - 13:00
Wednesday 08:00 - 13:00
Thursday 08:00 - 13:00
Friday 08:00 - 13:00

Telephone

+12685628844

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