ECFH Group Building Making Progress

Construction of the ECFH Group Building scheduled for completion in 2011 is making steady progress. The ECFH Group Building is being constructed in Massade, Gros Islet and represents the Group’s strategic vision of expansion and growth, particularly in the north which is fast emerging as a major commercial hub of activity on the island. Already, in July 2009, the Group’s largest subsidiary, Bank of Saint Lucia Limited opened a business centre, the Bank of Saint Lucia Rodney Bay Business Centre, to facilitate the needs of the commercial community in that area and its environs.

The ECFH Group Building will house some of the Group’s subsidiaries such as its brokerage company, ECFH Global Investment Solutions Limited and Bank of Saint Lucia International Limited (BOSLIL), its international bank. The Group’s own subsidiary, Property Holdings and Development Company Limited (ProDev) is leading this major construction project with Metro Construction Limited as the main contractor. Significant infrastructural work has already begun on the building and there has been real progress despite the recent drought that would have affected construction activity on the island.

The ECFH Group Building is expected to streamline the Group’s diverse lines of business and financial services. It is also a tangible expression of the company’s remarkable evolution since its establishment in 2001 and the promise of even more significant growth in the coming years.

Contact: Corporate Communications
457 7259