ECCB Records First Financial Loss in Six Years

The Eastern Caribbean Central Bank (ECCB) has recorded a financial loss for the first time in six years.

In the 2021-2022 annual report and statement of accounts published on June 30 for the financial year that ended March 31, 2022, the financial institution recorded a net loss of EC$49.1 million.

The previous financial year ended with a EC$25.2 million profit.

James White Jr has more on the story.

Radio Montserrat (ZJB) · James White Jr Report - ECCB First Financial Loss in Six Years