The Eastern Caribbean Central Bank (ECCB) has presented the 2013 Best Corporate Citizen Award Among ECCU Commercial Banks to the Republic Bank (Grenada) Ltd for its outstanding contribution to the overall development and well-being of the people of Grenada.
The Republic Bank (Grenada) Ltd also received Good Corporate Citizen Awards for Environmental Awareness, Customer Service and Sports.
The other banks which received Good Corporate Citizen Awards were:
• National Bank of Dominica Ltd, which captured the Good Corporate Citizen Awards for Cultural Development and Community Outreach and Social Services;
• Grenada Co-operative Bank Ltd, which received the Good Corporate Citizen Award for Educational Development; and
• Scotiabank Antigua, which walked away with the Good Corporate Citizen Award for Financial Education and Empowerment.
The ECCB initiated the Best Corporate Citizen Award Among ECCU Commercial Banks in 1997. The award recognises commercial banks which operate within the Eastern Caribbean Currency Union (ECCU) for implementing, participating in and promoting initiatives and on-going programmes designed to improve the quality of life of the people they serve.
Good Corporate Citizen Awards are presented to the banks that are adjudged to have executed their corporate social responsibilities to the highest level in the areas of: Educational Development; Community Outreach and Social Services; Environmental Awareness; Sports; Cultural Development; Customer Service; and Financial Education and Empowerment.
The Best Corporate Citizen Award is presented to the bank which demonstrates outstanding contribution to the social development of the ECCU through human resource development and sustained community outreach.
The awards ceremony was held at the ECCB Headquarters, St Kitts and Nevis, on 6 November, following the presentation of the 18th Sir Arthur Lewis Memorial Lecture.