ECCB
ANNUAL REPORT 2014/2015
21
EASTERN CARIBBEAN CENTRAL BANK
The Implementation Plan and Statement of Strategy
for the 2008 SNA were finalised with member states.
Work continued on expanding the scope and coverage
of the national accounts during the year. Tables were
prepared on the Rest of the World Accounts and the
GDP Series were back-casted to 1977, maintaining
consistency and providing a longer time series to
study changes in the economy over time.
Statistical Enterprise Solution
The ECCB went live with Phase I of the new SAS
Statistical Enterprise Solution on 15 December
2014. The solution provides a statistical system that
supports web-based technology and covers collection,
processing, storing and the dissemination of data.
Phase I of the implementation focused on monetary
and financial statistics. Commercial banks can now
submit prudential returns to ECCB through a secure
web portal and are no longer required to submit
hard copies of the data. The public also has access
via the Online Statistical Interactive Database to data
previously available via the Economic and Financial
Review and the Financial Statistics Yearbook.
SUPPORT FOR ECONOMIC
DEVELOPMENT
C
onferences
, S
eminars
and
W
orkshops
25
th
Annual Conference with
Commercial Banks
Participants at the 25
th
Annual Conference with Commercial
Banks held from 6 - 7 November 2014 at the ECCB Headquarters
St Kitts and Nevis
The conference was held from 6 - 7 November
2014 under the theme, “The Evolution and Role of
the Commercial Banking Sector in the ECCU and
its Impact on Growth and Development.” Over 50
representatives from commercial banks and non-bank
financial institutions from the eight ECCB member
countries attended. The topics covered included:
•
•
Historical Perspective on the Evolution of
Banking in the ECCU
by Mr Marius St Rose,
The ECCB went live with Phase I of the new SAS Statistical Enterprise Solution on
15 December 2014. The solution provides a statistical system that supports web-
based technology and covers collection, processing, storing and the dissemination
of data
]
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