The St Kitts and Nevis Chamber of Industry and Commerce extends our warmest congratulations to St. Kitts-Nevis National Bank as it began celebrations of its 50th Anniversary
celebrations on February 28, 2021. The Bank commenced operations in 1971, as the smallest
bank in the Federation and now has grown to become the largest commercial bank in the
Eastern Caribbean Currency Union (ECCU).
According to its Managing Director, Dr. Analdo Bailey, National Bank was incorporated on 15
February 1971, with paid up capital of $164,000.00 and total assets of $440,000.00, and now boasts a capital base of $539 million and total assets in excess of $3.3 billion. Its financial performance has been impressive, with an unbroken record of growth and profit since its inception.
National Bank is one of the CICs longest standing “A” Category members and has actively
contributed to the development and growth of the Private Sector of the Federation over the
years. The CEO Mr. Donald Thompson is also a Director on the Board of the Chamber.
This golden celebration is a significant milestone. The Chamber therefore takes this
opportunity to congratulate and wish the management and staff of the Bank much success in its continued growth and leadership within the ECCU Financial Sector.
