Outcome of the 21st ANNUAL GENERAL MEETING

Posted: Tuesday , November 28 , 2017

The 22nd ANNUAL GENERAL MEETING of Shareholders of the Eastern Caribbean Home Mortgage Bank was held at the Ocean Terrace Inn, Fortlands,  St. Kitts on Friday 06, October 2017.

The Directors reported that the Eastern Caribbean Home Mortgage Bank (“The Bank”) generated Net Profit for the Year of $3.06m for the year ended 31st March 2017, with Shareholders’ Equity of $59.16m. Total Assets under Management were reported at $244.17m

The results of items brought to a vote are as follows:-

  • Shareholders declared a cash dividend of $7.50 for each unit of share for the financial year ended 31st March 2017 to be paid to shareholders on record date of 31st March 2017.
  • Audit Firm, Grant Thornton, was re-appointed as the Bank’s External Auditors for the year ending 31st March 2018.

 

BY ORDER OF THE BOARD

MARIA BARTHELMY

CORPORATE SECRETARY