ANTIGUA AND BARBUDA
Despite being quite modest in size, the island state of Antigua and Barbuda enjoys a high level of political stability, vibrant economy and sophisticated infrastructure. Its banking system is recognized as the second largest of all financial institutions in the Caribbean Commonwealth. It is part of the Eastern Caribbean Central Bank (ECCB), which regulates the financial sector, sets the direction for the banking sector and guarantees deposit repayment. In terms of deposit safety Antigua and Barbuda is one of the top 30 most financially secure countries in the world.
Both domestic and international banking institutions operate in Antigua and Barbuda and are pursuing an active policy aimed at attracting customers. Due to the conclusion of a series of international agreements, the banks of this state have the impressive network of partners and numerous correspondent banks that allow to provide services to the residents of other countries as well as perform operations with any world currencies.
The oldest and most popular bank in Antigua and Barbuda is Global Bank of Commerce that specializes in rendering international financial services. It provides its clients with a wide range of services for keeping corporate and personal accounts, deposit services, international bank transfers and asset management. Other popular banks include Antigua Overseas Bank, BOI Bank Corporation, Davos International Bank, Meinl bank (Antigua), North International Bank as well as Trium Bank and Trust.
