ECCB Revokes RBTT Bank Caribbean Limited’s Banking Licence

3 October 2025, Basseterre, Saint Christopher (St Kitts) and Nevis - The Eastern Caribbean Central Bank (ECCB) advises that it has revoked RBTT Bank Caribbean Limited's (RBTT Bank) licence to carry on banking business effective 3 October 2025, pursuant to section 14 of the Banking Act, No 4 of 2015, as amended, of the laws of Saint Vincent and the Grenadines.

In accordance with section 43 of the Banking Act, the ECCB, in consultation with the ECCB Monetary Council, approved the transfer of RBTT Bank's shareholding to a consortium of banks on 1 April 2021. Subsequently, RBTT Bank executed a Banking Business Vesting Order, which was gazetted in March 2022, to transfer its banking operations to 1^st National Bank St Lucia Limited. The transaction closed on 31 July 2022, and the transitional period ended on 30 June 2025.

The ECCB will publish a Notice of Revocation in the Gazette and a newspaper in Saint Vincent and the Grenadines.

- 30 -About the Eastern Caribbean Central Bank The Eastern Caribbean Central Bank (ECCB) was established in October 1983. The ECCB is the Monetary Authority for: Anguilla,Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat,Saint Christopher (St Kitts) and Nevis, Saint Lucia and Saint Vincent and the Grenadines.Media Contact: Shermalon Kirby, Director, Corporate Relations Department Phone: (869) 465-2537 | Mobile: (869) 662-2561 E-mail: [email protected] invite you to connect with us and learn more about our projects and servicesVisit our Website: https://www.eccb-centralbank.org/Follow us on Facebook: https://www.facebook.com/ECCBConnectsSubscribe to our YouTube channel: https://www.youtube.com/@eccbconnects2295Connect with us on LinkedIn: https://www.linkedin.com/company/eccbconnects/