Dec 2015 Financial News

FirstCaribbean International Bank Limited - Notice of Material Change

Dec 28, 2015

NOTICE OF MATERIAL CHANGE

FIRSTCARIBBEAN INTERNATIONAL BANK LIMITED (FCI)

Further to a previous notice where FCI advised the Trinidad and Tobago Stock Exchange Limited (TTSE) that its wholly owned subsidiary FirstCaribbean International Bank (Barbados) Limited, had entered into an agreement with Heritage Bank Limited of Belize that would see Heritage Bank Limited and related entity Heritage International Bank & Trust Limited acquiring certain net assets of the Belize operations of FirstCaribbean International Bank (Barbados) Limited.

FCI has advised that it has received formal approval from the Central Bank of Belize for the sale of its assets in Belize to Heritage Bank Limited and now advise that the target date for completion of the sale is January 31st, 2016.



Source:
The Trinidad and Tobago Stock Exchange Limited
Monday December 28, 2015