At its recent launch of our new St. Vincent office the Prime Minister of St. Vincent, The Honorable Dr. Ralph Gonsalves delivered the feature address.

The following are excerpts of the Prime Ministers speech:

“…from our own experiences with CMMB before it became established here with a branch; they have been doing excellent work for St. Vincent & the Grenadines.”

“You would rely on them as professionals to say whether investment is sound. Because of CMMB and institutions like CMMB we get our bonds sold, we get the money at a competitive rate; we can finance our capital program and contribute to the development of St. Vincent & the Grenadines.”

“The context in which CMMB has come to us is really an important one to reflect on to help to build confidence of the financial system in the Eastern Caribbean.”

“It is amazing and we are glad that it is here now. I know that First Citizen Bank is an excellent bank and we can feel very fortified that CMMB’s is under the wings of First Citizens, of all the indigenous banks it is the one which has the greatest reputation in the marketplace among the customers.”

“This doesn’t mean we have to be chauvinists, doesn’t mean to say we have to be in any way at all imbued with Xenophobia, not at all, we are part of an international world and we have to do it like that and it is in all of that context that we must view this remarkable enterprise called CMMB which, notice my verb, I welcome most heartedly.”