Eastern Caribbean Asset Management Corporation

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Eastern Caribbean Asset Management Corporation Financial Services (Asset and Receivership Management)

KNOW YOUR CORPORATION | Explainer No. 4: Which loans does ECAMC acquire?October is Financial Information Month across th...
16/10/2026

KNOW YOUR CORPORATION | Explainer No. 4: Which loans does ECAMC acquire?

October is Financial Information Month across the Eastern Caribbean Currency Union. The fourth explainer in the Corporation’s series sets out which loans come to ECAMC.

ECAMC acquires loans only from Approved Financial Institutions. These are licensed institutions approved by the Monetary Council of the Eastern Caribbean Central Bank. A loan is acquired only with the consent of the institution selling it.

Not every loan comes to the Corporation. A loan must meet three tests. It must be a commercial loan. The amount still owed on it, the outstanding principal, must be EC$300,000 or more. And it must be adequately secured by collateral, such as land or a building, that can be transferred. These criteria are set by the Corporation’s Board of Directors.

The Corporation acquires loans in collaboration with the Approved Financial Institution and an independent expert appraiser.

After an acquisition, the borrower is notified and the collaborative process with the Corporation begins. Settlement and restructuring are the first options considered.

More in this series in the weeks ahead.

🌐 www.ec-amc.com

Restoring Assets. Strengthening the System.

FOR SALE | Calibishie Cottages, DominicaThe Eastern Caribbean Asset Management Corporation invites enquiries for Calibis...
14/10/2026

FOR SALE | Calibishie Cottages, Dominica

The Eastern Caribbean Asset Management Corporation invites enquiries for Calibishie Cottages. The property has three self-contained one-bedroom cottages on a terraced hillside site in Calibishie, on Dominica’s north-east coast, with views across the village towards the sea.

This is a restoration opportunity. It suits a buyer who wants to bring a group of cottages back into use as holiday lets, a small guest-house operation or long-term rental accommodation, in a village known for its coastline and steady visitor interest.

Location: Calibishie, Dominica
Accommodation: Three self-contained one-bedroom cottages
Pricing: Available on enquiry

Interior images include staging. Furnishings are not included in the sale, and the property is offered on an as-is basis.

Enquiries are welcome from local, regional and international buyers:
📞 +1 (268) 464-2409 (call or WhatsApp)
✉️ [email protected]

What would you do with three cottages in Calibishie?

Restoring Assets. Strengthening the System.

Regional Watch | How a domain name became Anguilla’s biggest earnerEvery country has a two-letter internet code. Anguill...
12/10/2026

Regional Watch | How a domain name became Anguilla’s biggest earner

Every country has a two-letter internet code. Anguilla’s is “.ai”, the same letters that stand for artificial intelligence. As AI companies around the world sought .ai web addresses, registrations passed one million in January 2026.

The fees are now a major source of income for the Government of Anguilla. Between January and July 2026, domain registrations brought in EC$217 million (US$80 million). That is almost half of all government revenue in that period, at 47.5 per cent. It is also more than the EC$203 million in taxes paid by the island’s entire productive sector over the same months. The Government expects EC$253 million from domain fees for the full year.

What the money is doing: it has helped pay for airport and road projects. A sovereign wealth fund, a national savings fund designed with help from the International Monetary Fund, is now being drafted into law, so that part of the windfall can be saved for the future.

A note of caution: officials and the IMF have said the boom may not last. The Government expects domain income to fall as a share of total revenue as new registrations slow. That is why saving part of it matters.

Source: Premier Cora Richardson Hodge, address of 23 September 2026, as reported by Nation News and the Jamaica Gleaner.

KNOW YOUR CORPORATION | Explainer No. 3: Who stands behind ECAMC?October is Financial Information Month across the Easte...
09/10/2026

KNOW YOUR CORPORATION | Explainer No. 3: Who stands behind ECAMC?

October is Financial Information Month across the Eastern Caribbean Currency Union. The third explainer in the Corporation's series sets out how ECAMC was established, who owns it and to whom it reports.

ECAMC is a regional institution. It was created by the ECAMC Agreement between the eight governments of the currency union: Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, St Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines. Each of the eight enacted the Agreement into its own law between November 2015 and April 2017. The Corporation's headquarters are in St John's, Antigua and Barbuda.

The eight governments own the Corporation together. Each government appoints one director to the Board, and the Chief Executive Officer also sits on the Board. The Chairman and Deputy Chairman are appointed by the Monetary Council of the Eastern Caribbean Central Bank.

The Monetary Council, made up of the finance ministers of the eight member countries, oversees the Corporation's work. It receives a report on the Corporation's activities and accounts every quarter, and its audited accounts every year, and it commissions an independent review of the Corporation's progress each year.

The Corporation's mandate is to acquire non-performing loans from Approved Financial Institutions and resolve them, and to act as receiver of a financial institution when appointed by the ECCB.

More in this series in the weeks ahead.

🌐 www.ec-amc.com

Restoring Assets. Strengthening the System.

LAND FOR SALE | Tranquility Estate, St. George, Dominica | EC$338,000Tranquility Estate offers 4.281 acres of land in St...
07/10/2026

LAND FOR SALE | Tranquility Estate, St. George, Dominica | EC$338,000

Tranquility Estate offers 4.281 acres of land in St. George, just 5.7 km from Roseau, and is available for sale through the Eastern Caribbean Asset Management Corporation.

The parcel sits in a quiet countryside setting with convenient access by paved public road. Essential utility services are available in the area for connection. The land suits agriculture and cultivation, residential or commercial development, or a long-term investment hold. A portion of the parcel is leased for a telecommunications tower, which provides an existing income stream.

The second image is an AI-rendered concept showing one way the land could be developed: a small residential community laid out around the existing tower and tree cover. It illustrates potential only. It is not an approved plan, and any development would be subject to the usual planning approvals in Dominica. The third image shows the parcel as it stands today.

📍 4.281 acres | 5.7 km from Roseau
Paved public road access
Utility services available in the area
Suited to agriculture, development or investment
Income from an existing telecommunications tower lease

Full listing details: https://ec-amc.com/property/tranquility-estate-land

FOR MORE INFORMATION
📞 +268-464-2409 (call or WhatsApp)
✉️ [email protected]
🌐 www.ec-amc.com

Prime Land. Endless Possibilities.

Restoring Assets. Strengthening the System.

October is Financial Information Month across the eight member countries of the Eastern Caribbean Currency Union. Every ...
05/10/2026

October is Financial Information Month across the eight member countries of the Eastern Caribbean Currency Union. Every October since 2002, the Eastern Caribbean Central Bank (ECCB) has worked with governments, banks, credit unions, schools and the media to share practical information about money. This year’s focus is The Big Push: Mastering Money in a Changing World.

One of the most useful things to know about this month is the ECCU First Step Savings Account. It is a basic savings account for ECCU residents aged 18 and over who do not already have a bank account. It was created by the ECCB together with the region’s banks, and it is available in all eight member countries: Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, St Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines.

Opening the account is simple. It takes one valid photo ID. There is no fee to open the account, no monthly fee and no minimum amount that must be kept in it. Account holders receive a debit card and can bank online.

The account has some limits that keep it simple and safe. Deposits into the account are limited to EC$36,000 in a year, and it does not come with an overdraft or a cheque book. Each bank sets its own exact terms, so the details can be confirmed at the bank where the account is opened.

Having a bank account is the starting point for much of what the financial system offers: having wages paid directly, saving safely, applying for a loan and, in time, financing a home. ECAMC works to keep the region’s banking system sound, and a system that more people can use is a stronger one.

Details are on the ECCB’s website: https://www.eccb-centralbank.org/news/eccu-first-step-savings-account-advancing-the-ease-of-opening-bank-account

KNOW YOUR CORPORATION | Explainer No. 2: What is a non-performing loan?October is Financial Information Month across the...
02/10/2026

KNOW YOUR CORPORATION | Explainer No. 2: What is a non-performing loan?

October is Financial Information Month across the Eastern Caribbean Currency Union. The Eastern Caribbean Asset Management Corporation marks it with the second explainer in its series.

A loan becomes non-performing when payments of principal or interest have not been made for 90 days or more. This is the standard the Eastern Caribbean Central Bank applies to banks in the Currency Union. Such loans tie up a bank's capital and reduce its capacity to lend to others.

ECAMC acquires non-performing loans from Approved Financial Institutions. The collateral that secures each loan, often land or a building, transfers with it, and the borrower is notified of the change. The Corporation's first aim is resolution with the borrower, through settlement or restructuring of the debt.

Where a loan cannot be resolved, the ECAMC Agreement sets out when the collateral may be sold. The borrower receives formal written notice first. Sales take place by private treaty, tender or public auction, on the basis of a current appraisal. Proceeds meet the costs of sale and the amount owed, and any remaining balance is paid to the person entitled to the property.

More in this series in the weeks ahead.

🌐 https://ec-amc.com/overview/

Restoring Assets. Strengthening the System.

The Eastern Caribbean Asset Management Corporation (ECAMC) extends warm congratulations to Ms. Monique Pogson on her pro...
02/10/2026

The Eastern Caribbean Asset Management Corporation (ECAMC) extends warm congratulations to Ms. Monique Pogson on her promotion to Chief Retail Banking & Treasury Officer at The Bank of Nevis Limited.

This appointment reflects Ms. Pogson's professional dedication and her contribution to banking in the Eastern Caribbean Currency Union. We wish her every success in this new role.

Restoring Assets. Strengthening the System.

Congratulations to the Eastern Caribbean Central Bank on 43 years of service.Since it began operations on 1 October 1983...
01/10/2026

Congratulations to the Eastern Caribbean Central Bank on 43 years of service.

Since it began operations on 1 October 1983, the ECCB has been the monetary authority for the eight member territories of the Eastern Caribbean Currency Union: Anguilla, Antigua and Barbuda, the Commonwealth of Dominica, Grenada, Montserrat, St Kitts and Nevis, Saint Lucia, and St Vincent and the Grenadines. For more than four decades it has safeguarded the stability of the EC dollar and supported a sound regional financial system.

The Eastern Caribbean Asset Management Corporation salutes the ECCB's leadership, staff and Monetary Council on this milestone, and we remain committed to our shared goal of a stable, resilient financial system for the people of our region.

A stronger region. A brighter future.

PICARD APARTMENTS | Picard, Portsmouth, Dominica | EC$1,200,000The Eastern Caribbean Asset Management Corporation (ECAMC...
30/09/2026

PICARD APARTMENTS | Picard, Portsmouth, Dominica | EC$1,200,000

The Eastern Caribbean Asset Management Corporation (ECAMC) invites enquiries for Picard Apartments. This is a seven-unit residential building in Picard, Dominica.

The two-storey, reinforced-concrete building offers 5,848 sq ft of accommodation. It sits on a 10,037 sq ft parcel of freehold land, approximately 2.6 km from Portsmouth town. From there, owners and residents have access to schools, the health centre, shopping and commuter transport along the Picard to Portsmouth main road.

Accommodation comprises:
▪️ First floor: five self-contained one-bedroom apartments, each with a private balcony, opening onto a shared common verandah
▪️ Ground floor: two larger self-contained units, together with a storage room

With seven units under one title, Picard Apartments offers a ready-built, multi-unit residential holding in northern Dominica.

Please note: furnishings shown in the interior images are for staging purposes only and are not included in the sale. The property is offered on an as-is basis.

View the full listing: https://ec-amc.com/property/picard-apartments/

For further information or to arrange a viewing, please contact the Asset Management Department:
📞 +1 (268) 464-2409 (call or WhatsApp; preferred for regional and international enquiries)
📧 [email protected]

Address

Suite 23, Woods Mall, Friars Hill Road
Saint John

Opening Hours

Monday 08:00 - 13:00
Tuesday 08:00 - 13:00
Wednesday 08:00 - 13:00
Thursday 08:00 - 13:00
Friday 08:00 - 13:00

Telephone

+12685628844

Website

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