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Eastern Caribbean Central Bank
The Eastern Caribbean Central Bank (ECCB) is a supranational central bank that serves Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines, all members of the Organisation of Eastern Caribbean States (OECS) that use the ECCB-issued Eastern Caribbean Dollar as their currency. (Three other OECS members, the British Virgin Islands, Guadeloupe and Martinique use other currencies.) The ECCB was established in 1983, succeeding the British Caribbean Currency Board (1950–1965) and the Eastern Caribbean Currency Authority (1965–1983). It is also in charge of bank supervision within its geographical remit. Two of its core mandates are to maintain price and financial sector stability, by acting as a stabilizer and safe-guard of the banking system in the Eastern Caribbean Economic and Currency Union (OECS/ECCU). The bank is headquartered in Basseterre, St. Kitts. Background In 1946, a West Indian Currenc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Basseterre
Basseterre (; Saint Kitts Creole: ''Basterre'') is the Capital (political), capital and largest city of Saint Kitts and Nevis with an estimated population of 14,000 in 2018. Geographically, the Basseterre port is located at , on the south-western coast of Saint Kitts Island, and it is one of the chief commercial depots of the Leeward Islands. The city lies within Saint George Basseterre Parish. Basseterre is one of the oldest towns in the Lesser Antilles, Eastern Caribbean. History Basseterre was founded in 1627 by the French, under Sieur Pierre Belain d'Esnambuc. It served as the capital of the French colony of Saint-Christophe, which consisted of the northern and southern extremities of the island of St. Kitts (the centre was yielded to Britain). When Phillippe de Longvilliers de Poincy was made the French governor of St. Kitts in 1639, the town turned into a large, successful port, commanding Eastern Caribbean trade and colonisation. De Poincy then quickly made Basseterre c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Virgin Islands
The British Virgin Islands (BVI), officially the Virgin Islands, are a British Overseas Territories, British Overseas Territory in the Caribbean, to the east of Puerto Rico and the United States Virgin Islands, US Virgin Islands and north-west of Anguilla. The islands are geographically part of the Virgin Islands, Virgin Islands archipelago and are located in the Leeward Islands of the Lesser Antilles and part of the West Indies. The British Virgin Islands consist of the main islands of Tortola, Virgin Gorda, Anegada and Jost Van Dyke, along with more than 50 other smaller islands and cays. About 16 of the islands are inhabited. The capital, Road Town, is on Tortola, the largest island, which is about long and wide. The islands had a population of 28,054 at the 2010 Census, of whom 23,491 lived on Tortola; current estimates put the population at 35,802 (July 2018). The economy of the territory is overwhelmingly dominated by tourism and financial services. In terms of financi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking System
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Port Of Spain
Port of Spain ( ; Trinidadian and Tobagonian English, Trinidadian English: ''Port ah Spain'' ) is the capital and chief port of Trinidad and Tobago. With a municipal population of 49,867 (2017), an urban population of 81,142 and a transient daily population of 250,000, it is Trinidad and Tobago's third largest municipality, after Chaguanas and San Fernando, Trinidad and Tobago, San Fernando. Port of Spain is located on the Gulf of Paria, on the northwest coast of the island of Trinidad and is part of East–West Corridor, a larger conurbation stretching from Chaguaramas, Trinidad, Chaguaramas in the west to Arima in the east with an estimated population of 600,000. The city serves primarily as a retail and administrative centre and it has been the capital of the island since 1757. It is also an important financial services centre for the Caribbean [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Guiana
British Guiana was a British colony, part of the mainland British West Indies. It was located on the northern coast of South America. Since 1966 it has been known as the independent nation of Guyana. The first known Europeans to encounter Guiana were Sir Walter Raleigh, an English explorer, and his crew. Raleigh published a book entitled ''The Discovery of Guiana'', but this mainly relates to the Guayana natural region, Guayana region of Venezuela. The Dutch Empire, Dutch were the first Europeans to settle there, starting in the early 17th century. They founded the colonies of Essequibo (colony), Essequibo and Berbice, adding Demerara in the mid-18th century. In 1796, Great Britain took over these three colonies during hostilities with the French, who had occupied the Netherlands. Britain returned control of the territory to the Batavian Republic in 1802, but captured the colonies a year later during the Napoleonic Wars. The Netherlands officially ceded the colonies to the Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trinidad And Tobago Dollar
The Trinidad and Tobago dollar ( currency code TTD) is the currency of Trinidad and Tobago. It is normally abbreviated with the dollar sign $, or alternatively TT$ to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. Cents are abbreviated with the cent sign ¢, or TT¢ to distinguish from other currencies that use cents. Its predecessor currencies are the Trinidadian dollar and the Tobagonian dollar. History The history of currency in the former British colony of Trinidad and Tobago closely follows that of the British Eastern Caribbean territories in general. The first currency used was the Spanish dollar, also known as "pieces of eight", which began circulating in the 16th century. Proposals for establishing banks in the West Indies, targeted at landowners, were made in 1661 by the British government, and in 1690 by Sir Thomas Dalby. Despite this, and Queen Anne's proclamation of 1704 that brought the pound sterling currency sys ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Virgin Islands
The United States Virgin Islands, officially the Virgin Islands of the United States, are a group of Caribbean islands and a territory of the United States. The islands are geographically part of the Virgin Islands archipelago and are located in the Leeward Islands of the Lesser Antilles. The islands have a tropical climate. The U.S. Virgin Islands consist of the main islands of Saint Croix, Saint John, and Saint Thomas and 50 other surrounding minor islands and cays. The total land area of the territory is . The territory's capital is Charlotte Amalie on the island of St. Thomas. Previously known as the Danish West Indies of the Kingdom of Denmark–Norway (from 1754 to 1814) and the independent Kingdom of Denmark (from 1814 to 1917), they were sold to the United States by Denmark for $25,000,000 in the 1917 Treaty of the Danish West Indies in which the United States also recognized Denmark's control over Greenland, and have since been an organized, unincorporated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trinidad
Trinidad is the larger, more populous island of the Republic of Trinidad and Tobago, the country. The island lies off the northeastern coast of Venezuela and sits on the continental shelf of South America. It is the southernmost island in the Caribbean. With an area of , it is also the fifth-largest in the Caribbean. Name The original name for the island in the Arawakan languages was which meant "Land of the Hummingbird". Christopher Columbus renamed it ('The Island of the Trinity'), fulfilling a vow he had made before setting out on his third voyage. This has since been shortened to ''Trinidad''. Indo-Trinidadians called the island चीनीदत्त , 𑂒𑂲𑂢𑂲𑂠𑂞𑂹𑂞 , , ''Chinidat'' or ''Chinidad'' in Trinidadian Hindustani which translated to the land of sugar. The usage of the term goes back to the 19th century when recruiters from India would call the island ''Chinidat'' as a way of luring workers into indentureship. On Tuesday, 31 Jul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Windward Islands
The British Windward Islands was an administrative grouping of British colonies in the Windward Islands of the West Indies, existing from 1833 until 3 January 1958 and consisting of the islands of Grenada, Saint Lucia, Saint Vincent (island), Saint Vincent, the Grenadines, Barbados (the seat of the governor until 1885, when it returned to its former status of a completely separate colony), Tobago (until 1889, when it was joined to Trinidad), and (from 1940) Dominica, previously included in the British Leeward Islands. Administrative history The seat of government was Bridgetown on Barbados, from 1871 to 1885, and thereafter St. George's, Grenada, St. George's on Grenada. The islands were not a single colony, but a confederation of separate colonies with a common governor-in-chief, while each island retained its own institutions. The Windward Islands had neither legislature, laws, revenue nor tariff in common. However, there was a common audit system, while the islands united in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trinidad And Tobago
Trinidad and Tobago, officially the Republic of Trinidad and Tobago, is the southernmost island country in the Caribbean, comprising the main islands of Trinidad and Tobago, along with several List of islands of Trinidad and Tobago, smaller islets. The capital city is Port of Spain, while its largest and most populous municipality is Chaguanas. Despite its proximity to South America, Trinidad and Tobago is generally considered to be part of the Caribbean. Trinidad and Tobago is located northeast off the coast of Venezuela, south of Grenada, and 288 kilometres (155 nautical miles) southwest of Barbados. Indigenous peoples of the Americas, Indigenous peoples inhabited Trinidad for centuries prior to Spanish Empire, Spanish colonization, following the arrival of Christopher Columbus in 1498. Spanish governor José María Chacón surrendered the island to a British fleet under Sir Ralph Abercromby's command in 1797. Trinidad and Tobago were ceded to Britain in 1802 under t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Leeward Islands
The British Leeward Islands was a British colony from 1671 to 1958, consisting of the English overseas possessions, English (later British) overseas possessions in the Leeward Islands. It ceased to exist from 1816 to 1833, during which time it was split into two separate colonies (Antigua–Barbuda–Montserrat and Saint Kitts, Saint Christopher–Nevis–Anguilla–British Virgin Islands, Virgin Islands). It was dissolved in 1958 after the separation of the British Virgin Islands, and the remaining islands became parts of the West Indies Federation. History The Leeward Islands was established as an English colony in 1671. In 1816, the islands were divided in two regions: Antigua, Barbuda, and Montserrat in one colony, and Saint Kitts, Saint Christopher, Nevis, Anguilla, and the British Virgin Islands, Virgin Islands in the other. The Leeward Islands were united again as a semi-federal entity in 1833, coming together until 1872 under the administration of the Governor of Antigu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barbados
Barbados, officially the Republic of Barbados, is an island country in the Atlantic Ocean. It is part of the Lesser Antilles of the West Indies and the easternmost island of the Caribbean region. It lies on the boundary of the South American Plate, South American and Caribbean Plate, Caribbean plates. Its capital and largest city is Bridgetown. Inhabited by Island Caribs, Kalinago people since the 13th century, and prior to that by other Indigenous peoples of the Americas, Indigenous peoples, Barbados was claimed for the Crown of Castile by Spanish navigators in the late 15th century. It first appeared on a Spanish map in 1511. The Portuguese Empire claimed the island between 1532 and 1536, but abandoned it in 1620 with their only remnants being the introduction of wild boars intended as a supply of meat whenever the island was visited. An Kingdom of England, English ship, the ''Olive Blossom'', arrived in Barbados on 14 May 1625; its men took possession of the island in the n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
