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The Allen Chastanet led administration reveals that the bond payment proposal for public servants may be off the table. The prime minister says that the ministry of finance is looking to formalize an agreement with credit unions to ensure that public servants continue to receive their full salary.  
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Saint Lucia credit unions could soon buy government bonds, it has been announced. “We’ve been meeting with the credit unions and we’ve come to – from my understanding with the Ministry of Finance, a verbal agreement in terms of them purchasing some of the government bonds and that certainly is going to be sufficient to […]

This article Credit Unions To Buy Government Bonds? appeared first on St. Lucia Times News.

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Just over a month after announcing plans to assist its fourth form student members, 35 laptops were donated by the Laborie credit union on Wednesday. The financial institution says it is determined to keep a promise made to provide support to those in need during the pandemic.
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The Laborie credit union is seeking to provide assistance to it’s members as part of it’s covid-19 response. On Wednesday’s edition of the news 45 major, news4orce’s southern correspondent Desmond Collymore spoke to the managing director about the financial institution’s support for the covid-19 releif effort.
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Barbados, May 4, 2020 (CDEMA) – Through a tangible demonstration of commitment towards the fight against COVID-19 in the region, the Caribbean Confederation of Credit Unions (CCCU), the apex regional association for Credit Unions through its Foundation donated US$ 25,000 towards CDEMA’s regional logistical operations for the COVID-19 response to  its member countries. “Many of our credit union members […]

The post Caribbean Credit Union Movement Supports COVID-19 Battle appeared first on

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Barbados, May 4, 2020 (CDEMA) – Through a tangible demonstration of commitment towards the fight against COVID-19 in the region, the Caribbean Confederation of …

The post CDEMA receives donation from the Caribbean Credit Union Movement to support logistical operations in response to COVID-19 appeared first on St. Lucia News From The Voice St. Lucia.

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The Laborie co-operative credit union wants to ensure that its members’ livelihoods are sustained post the covid-19 crisis. General manager Lucius Ellevic says the unfortunate covid-19 pandemic has given the union an opportunity to magnify its purpose.
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Credit Unions in Saint Lucia have announced a number of measures to protect their staff and customers. The President of the Saint Lucia Cooperative Credit Union League Ltd Gilroy Satney told St Lucia Times that the measures include social distancing. He explained that the Island’s 16 credit unions are acting in harmony with the national […]

The post Saint Lucia Credit Unions Take Measures To Protect Staff, Customers appeared first on St. Lucia Times News.

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