Subject: Unauthorized Banking
Date: June 21, 1999
Description: Caribbean Bank of Commerce, Ltd.
Unauthorized Banking: Caribbean Bank of Commerce, Ltd.
To: Chief Executive Officers of all National Banks; all State Banking Authorities; Chairman, Board of Governors of the Federal Reserve System; Chairman, Federal Deposit Insurance Corporation; Conference of State Bank Supervisors; Deputy Comptrollers (Districts); Assistant Deputy Comptrollers; District Counsel and Examining Personnel
The board of directors for the International Business Sector Authority, Government of Antigua and Barbuda, has informed the Office of the Comptroller of the Currency that the license of the following company has been revoked, effective April 6, 1999:
Caribbean Bank of Commerce, Ltd.
U.S. Representative Office
Any information that you may have concerning this matter should be brought to the attention of:
Office of the Comptroller of the Currency
Daniel P. Stipano