The primary purpose of the Eastern Caribbean Central Bank (ECCB) is to maintain the stability of the EC dollar and the integrity of the banking system, in order to facilitate the balanced growth and development of its Member States, namely: Anguilla, Antigua & Barbuda, Commonwealth of Dominica, Grenada, Montserrat, Saint Kitts & Nevis, Saint Lucia, and Saint Vincent & the Grenadines. This objective is evident in the Bank’s commitment and ability to provide a clean currency to allow for day to day business transactions within the OECS/ECCU, and to keep the EC Dollar pegged to the US dollar at a rate of US$1.00 to EC$2.70 since 1976. This strong dedication has helped to foster confidence in the EC Dollar over the years.
In addition to fulfilling its mandate of facilitating balanced growth and development of Member States, the Bank has initiated and implemented an extensive agenda which includes numerous programmes in areas of community outreach and public education, geared toward OECS/ECCU residents from primary school age to senior citizens.
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