Our Story

The Bank of Saint Vincent & the Grenadines Ltd.(BOSVG), formerly the National Commercial Bank (SVG) Ltd., was incorporated on June 1, 1977, under the Companies Act of St. Vincent and the Grenadines. The company was incorporated to provide commercial banking services. The Bank is regulated under the St. Vincent and the Grenadines Banking Act 2015.

The Bank was founded by The Honourable Robert Milton Cato, the then Premier of St Vincent the Grenadines, and was wholly owned by the Government of St. Vincent and the Grenadines. In November 2010, the Government sold 51% shareholding of BOSVG shares to the East Caribbean Financial Holding Company Limited (ECFH), a regional financial services group headquartered in Saint Lucia. It was agreed in the Shareholders Agreement between the Government and ECFH that the Government will further divest its shares to the National Insurance Services (NIS), Vincentians and OECS Nationals, and BOSVG’s staff. Parties also agreed that BOSVG would list its shares on the Eastern Caribbean Securities Exchange and on June 10, 2016, BOSVG was successfully listed.

In June 2017, the Government re-purchased 31% of the ECFH shareholding in BOSVG after a change in direction for both the ECFH and the Government. The current shareholding in BOSVG is: the Government of St. Vincent and the Grenadines 43.13%, ECFH 20%, NIS 20%, Public & staff: 16.87%.

The Bank began its operations with 11 staff members at a single Branch at Halifax Street. The Bank operates from eight (8) locations and the Exchange Bureau at the Argyle International Airport. The locations are: its head office at Reigate, Granby Street, Kingstown; Bedford Street also in Kingstown; The Joshua Centre, Arnos Vale; Georgetown on the Windward side of St. Vincent, Barrouallie on the Leeward side; and on the Grenadine Islands of Bequia, Canouan, and Union Island.

Under the tag line, ‘Doing More Together,’ BOSVG promises a suite of innovative financial products and services tailored to meet the needs of its individual and business customers. BOSVG is keen to emphasize its commitment to the local community, which it serves. The highest standard of customer care and service is a top priority for BOSVG as it seeks to redefine the commercial banking landscape.

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Mission Statement

We are the providers of diverse financial solutions, adding value to our community, customers, employees and shareholders built on a foundation of excellent service, efficient operations, and good governance.

Vision Statement

To be the premier financial institution of choice in St. Vincent and the Grenadines.

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