CO- Op BANK TO ACQUIRE CIBC FIRST CARIBBEAN

Managing director of the Grenada Cooperative Bank Richard Duncan says the significance of the acquisition of FCIB First Caribbean is in being a locally owned and managed financial institution which has developed its capacity to the point of competing and acquiring another entity.

Duncan alludes to a major milestone for co-op bank which has a history with CIBC First Caribbean’s predecessor Barclays Bank.

ACQUIRE CIBC FIRST CARIBBEAN CO-OPERATIVE BANK DEVELOP CAPACITY Richard Duncan