ECCB
ANNUAL REPORT 2014/2015
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EASTERN CARIBBEAN CENTRAL BANK
The ECCB, in collaboration with the
ECCU commercial banks and the Eastern
Caribbean Automated Clearing House
Services Incorporated (ECACHSI),
completed Phase I of the implementation of
the Eastern Caribbean Automated Clearing
House (ECACH) in the ECCU member
countries on 18 March 2015.
At its 81
st
Meeting, held on 24 February
2015, the Monetary Council agreed to
reduce the minimum savings deposit rate
from 3.0 per cent to 2.0 per cent.
The Bank launched its first fully integrated
and automated statistical solution on
15 December 2014. The system supports
web-based technology and encompasses
the collection, processing, storage and
dissemination of statistical data.
The Bank’s ‘OneTouch” vision became
a reality on 20 October 2014 with the
implementation of Stage II of its Systems
Applications and Products for Data
Processing (SAP) Enterprise Resource
Planning (ERP) Solution. Banking
functionalities were migrated from older
systems to the integrated SAP technology.
Highlights
of the
Year
View highlights from 1983 - 2013
