Financial Information Month Activities Launched

Financial Information Month’s Theme

In recognition of the celebration of Financial Information Month which is being held in October, the Eastern Caribbean Central Bank (ECCB) has planned a number of activities under the theme “Challenge Yourself – Innovate, Compete, Succeed,” which will be celebrated throughout this month.

The intention is to challenge small businesses to be innovative coming from the Global Financial Crisis to compete and succeed.

Resident Representative of the Eastern Caribbean Central Bank Mr. Edmund Robinson, pointed out that this is done each year in October, which is a collaborative effort between the EECB, the Commercial Banks and Credit Unions.

Mr. Robinson added that this celebration started in 2002 so this year is its eleventh year, while they celebrated the tenth year in 2011 with the launch of a commemorative two dollar coin.

He added that persons should always try to be competitive and be in front of rivals, while working to achieve their aims; however it takes all of us working together to build the success we want to see.

Marketing Executive and Public Relations Officer of the National Bank of Dominica, Ms. Amanda Scotland pointed out that the institution is always on board for Financial Month, as they aim to empower their customers through knowledge and education.

She said with this information customers will then make sound financial decisions.

She added that there will also be community based projects as part of the celebration, of which the two main projects are a fitness walk on Saturday October 6th from 5am, where they will start from the Roseau Bayfront then walk to Soufriere and back.

Ms. Scotland pointed out they will also be doing donations of food baskets to people identified in need of assistance, which deals with the importance of giving in the bank’s financial planning.

Other banks will also have their activities during the month, as it is open to all financial institutions.

There will be a Business Innovation Contest for the High School Students, which is for students to explore the option of having their businesses from an early age.

Mr. Robinson stated their will also be business presentation of which one of the main objectives will be training businesses to identify counterfeit notes, so they can be quickly detected and removed from circulation.

ECCB Representative Mr. Edmund Robinson (left), NBD Representative Ms. Amanda Scotland (right)

A discussion is also carded for later this month with the Governor of the ECCB, The Honourable Sir K Dwight Venneron on the Treaty of Basseterre.

The Treaty which comes into effect on July 1st 2013, will have implications for Dominica, where it deals with the movement of goods and services between Caribbean Islands.

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