Bank of Saint Lucia International Limited (BOSLIL), a high-performing subsidiary of the ECFH Group of Companies, has captured the award for Service Exporter of the Year in the 2013 St. Lucia Business Awards.
The Service Exporter of the Year Award recognizes an institution which has demonstrated excellence in the trade and export of services. The other two nominees were Accela Marketing and First Citizens Investment Services.
This underscores the growing power of services as major drivers of revenue and employment generation in what is becoming an increasingly diversified economy.
CEO of BOSLIL, Ryan Devaux, was gracious in accepting the Service Exporter of the Year Award.
He said: “This award is a testament of the diligence and commitment to excellence of the BOSLIL Team. It gives us that added impetus as we embark on expansion into new markets. It is also recognition of the significant potential the international financial services sector represents for the continued growth and diversification of our economy.”
BOSLIL, the offshore banking division of the ECFH Group is an international bank dedicated to providing personalized, world-class banking services and tailored investment options. The bank serves clientele in Asia, Africa, Europe and the Americas, and operates in 15 currencies. BOSLIL also offers other offshore solutions including the registration of International Business Companies (IBCs).
As one of the Caribbean’s emerging offshore jurisdictions, St. Lucia satisfies the requirements of reputable professional advisors, intermediaries and clients, and provides a stable social, economic and political system, a strong regulatory environment, and a diverse range of financial services including the registration of IBCs.
This accolade represents the third major award for the ECFH Group in recent times, which includes the prestigious Diamond Award by the Caribbean Association of Banks and the Best Corporate Citizen Award by the ECCB for its banking subsidiary Bank of Saint Lucia.
ECFH is the largest indigenous financial institution in the Eastern Caribbean with an asset base in excess of EC$3 billion and a staff complement of approximately 600 group-wide. ECFH provides a wide range of services including retail, commercial and development banking, insurance, capital market and merchant banking services and continues to meet its strategic objectives while placing high priority on corporate social responsibility.
The other subsidiaries of the ECFH Group include Bank of Saint Lucia Limited, ECFH Global Investment Solutions Limited (investment banking arm), EC Global Insurance Company Limited and Bank of St. Vincent & the Grenadines Limited.