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Antigua's Global Bank of Commerce

China Daily | Updated: 2014-11-01 07:42

Antigua and Barbuda is seen as the crossroads for financial services in the Caribbean as it is not only favorably time-zoned to provide far-reaching international financial services, but it is also a well-regulated environment, which enjoys strong banking supervision.

Perhaps better known for its beaches, Antigua is now benefiting from a growing reputation as a trusted Caribbean destination for international financial services, and the new government, elected in June this year, is now vigorously pursuing programs to enhance and strengthen this key economic pillar.

The islands' legislation for the management of its international financial center is constantly updated to ensure strict compliance with international standards. The jurisdiction also undergoes regular evaluation by the Caribbean Financial Action Task Force, as well as reviews by the World Bank and the International Monetary Fund.

Antigua's Global Bank of Commerce

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