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Performance Management Regional Workshop 4-8 Sep 2006
“ECIB Celebrates Black
History Month, 9 February 2004”
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“The only preparation for tomorrow is
the right use of today”
The Eastern Caribbean Institute of Banking and Financial
Institutes (ECIB) was created out of the need to enhance the
human capital in the financial services sector of the Eastern
Caribbean Currency Union. It was set up as a learning institution,
to contribute to the continued development of the study and
practice of banking and financial services.
The concept of the Institute was proposed at a meeting of
the Eastern Caribbean Central Bank with commercial banks in
1995. The banks agreed in principle to the establishment of
the Institute and to provide financial support for its operations.
ECIB was incorporated as a non-profit institution under the
Companies Act of St Kitts and Nevis on August 20, 1996.
The institute provides professional development courses for
the staff of institutions across the financial services sector,
and assists its members to develop and implement best practices,
to enhance their ability to compete in the changing global
economy. Among the courses offered by the institute are: Credit
Appraisal Techniques (CAT 1); Risk Management; Customer Service
Excellence and the University of the West Indies accredited
Certificate in Financial services Practice. Other initiatives
include an Annual Summer Banking School, a television series
entitled “Managing Your Money”, and a quarterly
publication the EC Banker.
Mr Errol Allen, Deputy Governor of the Eastern Caribbean
Central Bank, is the President of the ECIB. The administrative
staff is comprised of the Chief Executive Officer, an Administrative
Assistant and a Secretary. The offices are located at the
ECCB Financial Complex, Bird Rock Road, and Basseterre, St
The Institute functions through Local Committees in each
of the ECCU member territories. The committees are comprised
of representatives from the staff of the banks and other corporate
members, who operate on a voluntary basis and combine these
duties with their regular work schedules. The chairperson
of each committee is a member of management from one of the
ECIB is a member of the Caribbean Association of Banking
and Financial Institutes.
Banking Leadership Programmes popularly known as the Summer
Banking School are held in May of each year.
These programmes have been undertaken in collaboration with
the Centre for Management Development of the University of
the West Indies (UWI).
UWI/Caribbean Association of Banking and Financial Institutes
(CABFI) Academic and Professional Qualification Programmes.
Young Employee Socialisation (Y.E.S) training programmes
are held in July of each year.
Additional training events including seminars, conferences
and workshops are regularly organised by the Institute and
facilitated by qualified professionals.
Membership of the Institute is in the following categories:-
Development Banks, Credit Unions and National Development
Foundations in the OECS Territories
Staff of banks and non-bank corporate members; individuals
who have attained the level of 'Associate' and/or 'Fellow'
of the Institute of Canadian Bankers (ICB) or the Chartered
Institute of Bankers (CIB) and other persons approved by
BENEFITS OF MEMBERSHIP
Professional recognition by employers, colleagues and customers.
Designatory letters that give recognition to your achievement
Access to a wide range of core professional training and qualifications.
On-going career and personal development support.
Access to a network of regional and international bodies that
conduct training programmes and events.
ECIB News and the Eastern Caribbean Banker magazine.
Discounts on the institute's conferences, seminars workshops
Tutorial assistance for persons preparing for professional