Bank Board Responds to La Fleur Bancorp’s Acquisition Statement

KINGSTOWN, Saint Vincent and the Grenadines – The St. Vincent Co-operative Bank Ltd (“the Bank”) proudly marks its 80th year of dedicated service to the people of Saint Vincent and the Grenadines. Established by teachers, fishers, farmers, and other working-class Vincentians, the Bank has consistently upheld its founding principles of community, financial stability, and prudent stewardship. As an indigenous and resilient institution, the Bank continues to attract attention from potential investors.

In light of this, the Board of Directors acknowledges the public statement issued on April 30, 2025, by La Fleur Bancorp Limited, which expressed its intent to acquire a controlling interest in the Bank and referenced its current shareholder status. The Board clarifies that, even upon registration, La Fleur Bancorp’s shareholding remains nominal.

We wish to reaffirm that any official announcements concerning the Bank’s position, governance, or ownership will be made solely through the Bank’s authorized channels. This is essential to ensure accurate information and maintain stakeholder confidence.

The Board emphasizes that the statement by La Fleur Bancorp reflects its own intentions and was not issued on behalf of the Bank.

It is important to note that:

The decision to sell shares lies solely with individual shareholders.

Any acquisition of a licensed financial institution must receive prior approval from the Eastern Caribbean Central Bank (ECCB), which includes comprehensive due diligence and assessment of the proposed beneficial owners.


As a matter of principle, all expressions of interest in the Bank are handled discreetly and in line with established procedures. Should any development warrant public disclosure, it will be communicated through our official platforms.

We assure our customers, shareholders, and the Vincentian public that the Bank remains financially strong, and it is business as usual across all our operations.