NO COST TO CUSTOMERS EXPECTED

No immediate applications of fees or other major operational changes would be experienced at local banks, after the Eastern Caribbean Currency Union recently announced that it is in the process of adopting new frameworks

Basel 2 and 3, which are global standards according to the officials, will enhance the resilience of the financial system in the ECCU.

EASTERN CARIBBEAN CURRENCY UNION ECCU FINANCIAL RESILIENCE NO IMMEDIATE APPLICATION OPERATIONAL CHARGES Richard Duncan