BankHeadOffice.com         Bank Head Office Worldwide   ♦ Loan Calculators ♦ Mortgage Guides ♦ Banking FAQs ♦ Banking Institutions ♦ Central Banks Worldwide       Home  »  Central Banks Worldwide  »  Eastern Caribbean Central Bank Eastern Caribbean Central Bank The Eastern Caribbean Central Bank (ECCB) is the monetary authority of a group of six independent Caribbean nations as stated at the bottom of this page. It was founded in October 1983 in order to maintain the stability of the East Caribbean dollar (EC$) and the integrity of the banking system in order to facilitate the balanced growth and development of member states. Its headquarters are located in the city of Basseterre, on the island of St. Kitts. All of the ECCB members are also a part of the Organisation of Eastern Caribbean States (OECS).   ECCB is the regional central bank oversees financial and banking integrity for the OECS economic bloc of states. Part of the bank's oversight lends to maintaining the financial integrity of the Eastern Caribbean dollar (XCD). Of all OECS member-states, only the British Virgin Islands do not use the Eastern Caribbean dollar as their de facto native currency. The purposes of the ECCB are:     To regulate the availability of money and credit;     To promote and maintain monetary stability;   To promote credit and exchange conditions and a sound financial structure conducive to the balanced growth and development of the economies of the territories of the Participating Governments; and   To actively promote through means consistent with its other objectives the economic development of the territories of the Participating Governments. The governing bodies of the ECCB are the Monetary Council and the Board of Directors. The Monetary Council is the highest decision making authority.   Eastern Caribbean Central Bank HQ Address: P.O.Box 89 Basseterre St.Kitts West Indies Telephone: +869 465 2537 Facsimile: +869 465 9562 Email: info@eccb-centralbank.org Website: www.eccb-centralbank.org Currency: East Caribbean dollar Banking Hours: Monday - Friday : 8.00 am - 4:00 pm     It is comprised of one Minister appointed by each Government of the participating countries. The function of the Council is to provide directives and guidelines on matters of monetary and credit policy to the Bank. 6 Independent Caribbean Nations Membership: Antigua and Barbuda and 2 British overseas territories: Grenada Anguilla Saint Kitts and Nevis Montserrat   Dominica         Saint Lucia         Saint Vincent and the Grenadines         DISCLAIMER The content comes from Internet, reasonable efforts are made to maintain accuracy of information published. However, information could contain errors or inaccuracies and is presented without warranty and statutory means. No liability is assumed for errors or omissions. Viewers are advised to consult their banker or financial consultant for complete information and their professional advise. All trademarks, logos, brand names and copyrights are the property of their respective owners. © 2011 - 2022 BankHeadOffice.com ® All Rights Reserved