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Central bank revokes licence of Nevis based bank

Summary by Ground News
The Eastern Caribbean Central Bank (ECCB) says it has revoked the licence of BON Bank Ltd to carry on banking business. The ECCB is a central bank for the islands of Antigua and Barbuda, Dominica, Grenada, St Lucia, St Vincent and the Grenadines, and Montserrat. It said as a result the Nevis-based financial institution had ceased to conduct business.
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Jamaica Gleaner broke the news in Jamaica on Tuesday, December 19, 2023.
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