Prime Minister Douglas Praises National Bank for Important Development Role

“It has forged a productive mix of Public Sector-Private Sector support that has had profound impact on the socio-economic grow and development,” said Prime Minister Douglas during his remarks at a recent church service to mark the 40th anniversary of the local financial institution. 

Dr. Douglas, also the Minister of Finance paid tribute to the founders of what began as a penny bank. 

“We must make note of the founders of what is today National Bank. They were men of great commitment, understanding and vision who, with much effort and belief in what they were doing, laid the foundation of a fine and progressive financial institution. It was not always easy. In fact, there were significant challenges, and the good of the bank prevailed for the good of the people,” said Dr. Douglas. 

He also noted that the bank is now operating in a financial environment that is far different than it was in its early days. 

“Regardless, there is no end to challenges, but we can be confident that the St. Kitts-Nevis-Anguilla National Bank is in the hands of responsible staff and management, and that the public can have a high level of confidence in the institution,” said the Prime Minister who thanked past and present members of the Board of Directors, management and staff for steadfast contribution to the excellent position the Bank enjoys today. 

Dr. Douglas extended his best wishes for a continuing bright future, and its continuing contribution to the development of the people and of the nation of St. Kitts and Nevis. 

Others attending the church service at the Wesley Methodist Church included Ministers of Government, Members of Parliament, shareholders, customers, various sports organizations and the Board of Directors and staff of the Bank’s subsidiaries.

 

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