Categories: Business

1st National Bank officially acquires RBC’s operations in Saint Lucia

Today, 1st National Bank St. Lucia Limited announces, that the activities and assets of RBC Saint Lucia have been integrated into 1st National Bank St. Lucia Limited through the successful purchase of the RBC’s banking operations.

Mr. Jonathan Johannes, Managing Director of 1st National Bank St Lucia Ltd.

Chairman of the Board of Directors of 1st National Bank St. Lucia Limited, Nigel Fulgence acknowledged that this is truly a proud and historic moment: “This acquisition marks one of the most significant historical events in banking in Saint Lucia. For our part, 1st National Bank is experiencing its third wave of growth and expansion in its 83 years of operations– established as the St Lucia Cooperative Bank LTD then evolving into the 1st National Bank St. Lucia Limited and now in its expansion by this groundbreaking purchase of an International Bank’s operations. I think our founding fathers would be immensely proud of our stewardship and where we have come. I am grateful to our Executive and the teams across all the branches for their dedication and skill in closing this deal and creating tremendous potential for greater things yet to come”.

This strategic development has been long in planning and will be extensive in its benefits to RBC customers. 1st National Bank notes: naturally that there will be changes as well as new functionalities and promises to keep lines of honest communication with all staff, stakeholders and customers, during this period of transition.

Related Post

Managing Director, Johnathan Johannes, was a key player within the consortium, that brought this transaction to a successful outcome. He notes that the domestic financial sector in Saint Lucia has the potential to become stronger, better and more prosperous because of this purchase. “Our commitment to delivering superior financial products and service, powered by industry-leading technology, local knowledge and passion, is changed only in its capacity to deliver even more powerfully with this expansion.”

During the transition, the observable changes will initially be small. However, this historic accomplishment will quickly begin presenting itself through even more improved service and support for the financial goals of all customers.

1st National Bank, the legacy continues as we build better together on our journey from good to great!

Press Release

Recent Posts

Is St. Lucia’s Miami-based Consul General Another Casualty of the Silly Season?

For certain lucky Looshans, Coral Gables is a home away from home! Read More

2 days ago

When it comes to keeping us safe from imagined disasters PJP is still our safest bet!

For those who can only talk about who I horn or who horn me, if you wish to make that… Read More

3 days ago

Was St. Jude Handing Over Ceremony Based On the OKEU story?

Kenny Anthony described the new St Jude as Saint Lucia’s most expensive unfinished project! Read More

3 days ago

THE LOST HALF DECADE AND WHY THE SLP SHOULD NOT BE RE-ELECTED

St. Lucia deserves better! The people deserve leadership that prioritises hospitals over political theatrics, real development over cash-for-votes gimmicks, national… Read More

6 days ago

The Better and Safer Choice: PJP

Maya Angelo advises that when people tell and show you who they are, you should believe them.  Over their years… Read More

6 days ago

‘What if I should praise someone from our community who is a rascal, a drug trafficker or other bad example for our people?’

Our most important job, as a government and as regular citizens, is to bring about a change in the general… Read More

2 months ago

This website uses cookies to improve your experience. No personally identifiable information is stored.