The Eastern Caribbean Central Bank (ECCB) presented the 2016 Best Corporate Citizen Award Among ECCU Commercial Banks to the Republic Bank (Grenada) Limited during the awards ceremony held at the ECCB Headquarters, on 9 November.
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 programmes designed to improve the quality of life of the people they serve.
Banks are assessed for demonstrating social responsibility in the areas of: Educational Development; Community Outreach and Social Services; Environmental Awareness; Sports; Cultural Development; Customer Service; and Financial Education and Empowerment.
Good Corporate Citizen Awards are presented to the banks which have made outstanding contributions in the respective categories, while the Best Corporate Citizen Award is presented to the bank which demonstrates significant contribution to the overall enhancement of the ECCU through human resource development and sustained community outreach.
Managing Director, Republic Bank (Grenada) Limited, Keith Johnson, says, “Republic Bank is very honoured to be recognised for our commitment to building better societies in the territories in which we operate through our practice of corporate social responsibility.”
The Republic Bank (Grenada) Limited also received the Good Corporate Citizen Awards for Cultural Development, Educational Development, Environmental Awareness and Sports.
“The awards we received last night are testimony to the commitment of our Board and a tribute to the hard work of all our staff,” said Johnson.
The other banks which received Good Corporate Citizen Awards were: National Bank of Dominica, Ltd, which received the Good Corporate Citizen Awards for Customer Service and Financial Education and Empowerment; and Antigua Commercial Bank, which was presented with the Good Corporate Citizen Award for Community Outreach and Social Services.
Nine of the commercial banks which operate in the ECCU submitted entries for the 2016 Best Corporate Citizen Award.
The awards were presented by Hilary Hazel, Financial Secretary in the Ministry of Finance, Government of St Kitts and Nevis and ECCB Board Member for St Kitts and Nevis.