ECCB reports record profit of EC$80.2 million

Central bank attained highest-ever profit in last fiscal year, after loss of EC$54 million

Timothy Antoine, ECCB
Timothy Antoine addressing the ECCB 40th Anniversary global conference/Central Banking Autumn Meetings 2023
Eastern Caribbean Central Bank

The Eastern Caribbean Central Bank (ECCB) announced on June 28 that it attained a record profit of EC$80.2 million (US$29.7 million) in the 2023–24 fiscal year.

The fiscal year ended on March 31, 2024. The profit comes after the previous year had seen a loss of more than EC$54 million.

“This turnaround was largely driven by considerably higher revenues earned on the bank’s foreign reserve assets, given the sustained increase in the Federal Reserve’s benchmark interest rate throughout the financial

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account