ECCB commences its third

The Eastern Caribbean Central Bank (ECCB) commenced their third savings and investment course last Saturday, 29th March.{{more}}

The course, which is hosted through the Eastern Caribbean Institution of Banking and Financial Services (E.C.I.B & F.S), saw 62 participants from various businesses as well as self-employed persons gathering at the UWI School of Continuing Studies for the start of the 10-week program.

Errol Allen, President of E.C.I.B & F.S, in his address stated that in any marketing economy the financial sector is very important. He went on to say that the difference between the “rich and poor is the way in which they use their resources.” Allen said that there is a need to foster in communities the creative ideas of our people, and urged the participants to use the course to build their financial skills and use them for successes.

ECCB Agency Representative Elritha Dick, in addressing the ceremony, said that the course is part of ECCB’s public education program. She expressed her pleasure at the growth of the programme and said that it showed that our people are willing and ready to take charge of their own destiny. She encouraged the participants to share their knowledge and experiences and learn as much as they can.

Also giving brief remarks was Dr Adrian Fraser, Resident Tutor of UWI School of Continuing Studies, who said that he is impressed with the enthusiasm and diversity of the participants. Fraser said that the popularity of the course has convinced him of the need for more short courses.

The aim of the Savings and Investment course is to better develop basic budgeting techniques, improve money management skills and teach the basics of investing, said Cheryl Rodriguez, Local Co-ordinator of ECIB & FS. She told participants that their expectations would be surpassed and … it is a worthwhile journey”. Desmond Austin, a banker at RBTT Eastern Caribbean Head office, conducted the first section on personal financial planning. (VM)