Find Banking and Financial Services expertise in Antigua and Barbuda

Banks

Antigua and Barbuda’s banking sector is the second largest in the Eastern Caribbean region, accounting for one fifth of the region’s deposits, assets, and loans. The sector is dominated by both domestic and international banks, which are principally headquartered in Canada and the Caribbean. Historically the presence of strong foreign banks in the Eastern Caribbean Currency Union (ECCU), of which Antigua and Barbuda is a member, has been a powerful source of strength. However, the industry has been progressively changing with the entry of more assertive Caribbean banks. In total there are eight commercial banks operating competitively in Antigua and Barbuda: with the domestic examples being the Antigua and Barbuda Investment Bank, Antigua Commercial Bank, Caribbean Union Bank and Eastern Caribbean Amalgamated Bank. Financial institutions are relatively well-developed, and depositors and borrowers have access to a diversified range of financial services. Between the banking sector and the cooperative credit unions a very high proportion of the population has access to formal financial services. Antigua and Barbuda has traditionally also had an active offshore financial services sector, although this has seen a decline in numbers of banks as a result of considerable pressure since around 2000.

Banking and Financial Services organisations in Antigua and Barbuda
ABI Group
ABI Investment Bank
Alexander & Associates, Accountant
American Pacific Trading
Caribbean American Bank
Commonwealth Secretariat
ECCB
First Caribbean International Bank Ltd
Stanford Financial Group