Sale of BOSLIL

Press Release:-The East Caribbean Financial Holding Company Limited (ECFH) confirms that, subject to approval by the Financial Services Regulatory Authority of Saint Lucia, the sale of its wholly owned international (offshore) banking subsidiary, Bank of Saint Lucia International (BOSLIL) to PROVEN Investments Ltd. (PIL) has been agreed. PIL is an investment holding company operating in financial services and listed on the Jamaica Stock Exchange.   

The two companies have signed an agreement for the sale and purchase of 100 per cent shareholding interest in BOSLIL.

The parties are in the process of obtaining the necessary regulatory approvals prior to the completion of the sale.

15 Comments

  1. Anonymous
    December 14, 2016 at 4:54 pm

    AA. How many more subsidiaries will be sold?

    1. ...
      December 15, 2016 at 12:57 pm

      Its an international company…

  2. 758
    December 14, 2016 at 4:59 pm

    Sale! Sale!

  3. Anonymous
    December 14, 2016 at 5:32 pm

    AA. So which ECFH subsidiary will be sold next?
    I thought that BOSLIL was doing well financially for the Group.

    1. Anonymous
      December 15, 2016 at 9:53 am

      Things must be rellll ruff to be selling your most profitable sub.

  4. Anonymous
    December 14, 2016 at 5:32 pm

    AA.

  5. Anonymous
    December 14, 2016 at 5:33 pm

    Where the money gone?

  6. Anonymous
    December 15, 2016 at 9:18 am

    Kenny did that? Allen take your crown

    1. eh care
      December 15, 2016 at 8:07 pm

      Another jackass talk again, ignorance alone

  7. ...
    December 15, 2016 at 1:01 pm

    People please use google in order to acquire knowledge abt unfamiliar topics

  8. Sandra G
    December 15, 2016 at 5:46 pm

    Wow.

  9. Anonymous
    December 15, 2016 at 7:39 pm

    mmm which one is next

    1. Anonymous
      December 15, 2016 at 11:51 pm

      scotia

  10. Anonymous
    December 16, 2016 at 1:13 am

    The world is changing st lucia happens to be part of it. No longer are we isolated from external shocks. Tighten your belt it’s here

  11. Anonymous
    December 17, 2016 at 12:06 pm

    The time has come to hid money under the pillow like long ago

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