Banks in St Lucia, Offshore Accounts, St Lucia Private Banking, Offshore

Click Here If You Would Like a Consultation with the Worlds Best Private Bankers and Wealth Managers

Economy—overview: Though foreign investment in manufacturing and information processing in recent years has increased Saint Lucia's industrial base the economy remains vulnerable due to its heavy dependence on banana production which is subject to periodic droughts and tropical storms. Indeed the destructive effect of Tropical Storm Iris in mid-1995 caused the loss of 20% of the year's banana crop. Increased competition from Latin American bananas will probably further reduce market prices exacerbating Saint Lucia's need to diversify its economy in coming years e.g. by further expanding tourism manufacturing and construction.

St Lucia Bank Accounts, Swiss Banking, Private Accounts. Offshore Accounts, Investment, Offshore Wealth Management Services and Family Office. Asset Protection, St Lucia Banks, services, investing and offshore services.

GDP: purchasing power parity—$600 million (1996 est.)

GDP—real growth rate: 0.8% (1996 est.)

GDP—per capita: purchasing power parity—$3 800 (1996 est.)

GDP—composition by sector:

agriculture: 10.7%

industry: 32.3%

services: 57% (1996 est.)

Inflation rate—consumer price index: -2.3% (1996 est.)

Labor force:

total: 43 800

by occupation: agriculture 43.4% services 38.9% industry and commerce 17.7% (1983 est.)

Unemployment rate: 15% (1996 est.)

Budget:

revenues: $155 million

expenditures: $169 million including capital expenditures of $48 million (FY96/97 est.)

Industries: clothing assembly of electronic components beverages corrugated cardboard boxes tourism lime processing coconut processing

Industrial production growth rate: 2.8% (1996 est.)

Electricity—capacity: 22 000 kW (1995)

Electricity—production: 110 million kWh (1995)

Electricity—consumption per capita: 705 kWh (1995)

Agriculture—products: bananas coconuts vegetables citrus root crops cocoa

Exports:

total value: $79.5 million (f.o.b. 1996 est.)

commodities: bananas 41% clothing cocoa vegetables fruits coconut oil

partners: UK 50% US 24% Caricom countries 16% (1995)

Imports:

total value: $270.6 million (f.o.b. 1996 est.)

commodities: food 23% manufactured goods 21% machinery and transportation equipment 19% chemicals fuels

partners: US 36% Caricom countries 22% UK 11% Japan 5% Canada 4% (1995)

Debt—external: $131 million (1996)

Economic aid:

recipient: ODA $NA

Currency: 1 EC dollar (EC$) = 100 cents

Exchange rates: East Caribbean dollars (EC$) per US$1—2.7000 (fixed rate since 1976)

Fiscal year: 1 April—31 March

First Caribbean International Bank
Bridge St
Castries
Phone: 758 456 1000
Fax: 758 452 6860/453 6171 ATM
Royal Bank of Canada
WM Peter Boulevard
Castries
Phone: 758 456 9200
Fax: 758 456 9280
First Caribbean International Bank
Rodney Bay Marina
Gros Islet
Phone: 758 452 9384 / 8600
Fax: 758 452 9854
Royal Bank of Canada
Branch Rodney Bay CLOSED
ATM available at Baywalk Mall
See bottom - RBTT Rodney Bay
First Caribbean International Bank
Soufriere
Mail: Box 207
Soufriere
Phone: 758 459 7255
Fax: 758 459 7114
Royal Bank of Canada
New Dock Rd
Vieux Fort
Phone: 758 456 9200
Fax: 758 456 9310
First Caribbean International Bank
New Dock Lane
Vieux Fort
Phone: 758 454 6255/6165
Fax: 758 454 6531
First National Bank
21 Bridge St
Mail: Box 168
Castries
Phone: 758 455 7000
Fax: 758 453 1630
RBTT Bank Caribbean
Micoud St
Castries
Phone: 758 452 2265
Fax: 758 452 1668
First National Bank
GFL Charles Airport
Castries
Phone: 758 451 8482
RBTT Gablewoods Mall
Castries
Phone: 758 451 7469 / 453 2265
Fax: 758 451 7484
First National Bank
Commercial St.
Vieux Fort
Tel. +1758 454 6213
Fax.+1758 454 6137
RBTT Gablewoods Mall South
Black Bay
Vieux Fort
Phone: 758 454 7264 / 454 9960
Fax: 758 454 7833
First National Bank
Marina Marigot Bay
Marigot
tel.+1 758 458 3744
Fax. +1 758 458 3638
Bank of St Lucia
Financial Centre Branch
1 Bridge St.
Castries
Phone: 758 456-6000
Fax: 758 456-6720
Scotiabank
Rodney Bay
Gros Islet
Phone: 758 456 2100
Fax. +1 758 452 0047
Bank of St Lucia
Waterfront Branch
Castries
Phone: 758 456-6000
Fax: 758 456-6330
Scotiabank
6 William Peter Boulevard
Castries
Tel. +1758 456 2100
Fax. +1 758 456 2130
Bank of St Lucia
Bridge St.
Soufriere
Phone: 758 456-6000
Fax: 758 459-7101
Scotiabank
Cnr Chausee rd & High St.
Castries
Tel. +1758 456 2100
Fax. +1758 452 2938

Bank of St Lucia
Gros Islet highway
Gros Islet
Phone: 758 456-6000
Fax: 758 456-6021
Scotiabank
New Dock road
Vieux Fort
Tel. +1758 456 2100
Fax. +1758 454 5616
Bank of St Lucia
Clarke St.
Vieux Fort
Phone: 758 456-6000
Fax: 758 454-5222
RBTT
Baywalk Mall
Rodney Bay
Gros Islet
Tel. +1758 457 4371
Bank of St Lucia
Bureau De Change
Hewanorra Int’l Airport
Vieux Fort
Phone: 758 454-7780