The Bank of Saint Lucia International Limited (BOSLIL) is an international banking subsidiary of the East Caribbean Financial Holding Group (ECFH), that provides globally competitive products and services to international clientele. The ECFH group shareholders include the Government of Saint Lucia, Republic Bank Limited, a consortium of five OECS indigenous banks and financial institutions and the National Insurance Corporation (Saint Lucia). The remaining 30% of shares are held by over 4000 individual and corporate investors from throughout the Caribbean region.
BOSLIL has started its operations in 2004 with a total asset base of USD 3,072 million. Since then, BOSLIL has grown to 34 staff serving over 2400 international clients with total assets of USD 372 million at the end of 2013. The Bank of Saint Lucia International Limited has become the leading banking institution of the international financial services sector in St. Lucia.
BOSLIL is regulated by the Financial Services Supervision Unit of Saint Lucia and the Eastern Caribbean Central Bank. The bank has correspondent banking relationships with the most reputable and safest banks in the world and conducts its business in accordance with internationally recognized principles of banking.
The East Caribbean Financial Holding Company (ECFH) and its subsidiaries are considered as Foreign Financial Institution according to FATCA rules and therefore required to comply.
In the year 2013, the Bank of Saint Lucia International Limited received the ‘Service Exporter of the Year’ award at the St. Lucia Business Awards organized by the St. Lucia Chamber of Commerce.
BOSLIL offers its clients a very conservative banking model designed to meet their international commercial needs while paying significant attention to a high level of personalized service.