

CONTENTS
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ix
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Letter of Transmittal
Mission Statement
Vision Statement
ECCB Building Named
in Honour of Late
Governor
Monetary Council
Board of Directors
Corporate Information
Organisational Chart
Highlights of the Year
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5
11
16
23
26
30
Governor’s Foreword
Review of Performance
Monetary Stability
Financial Sector Stability
Fiscal and Debt Sustainability
Growth, Competitiveness
and Employment
Organisational Effectiveness
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49
56
64
158
Financial Performance
Corporate Governance
Framework
Areas of Focus: 2017-2018
Auditors’ Report and
Financial Statements
List of Commercial Banks
Maintaining Clearing
Accounts with the ECCB
ECCB ANNUAL REPORT 2016/2017