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19th January 2012
ECFH Endorses Manufacturers Association Quality Awards Programme


East Caribbean Financial Holding Company Limited (ECFH) has lent its full support to the Saint Lucia Manufacturers Association (SMA) Quality Awards Programme. The programme is designed to recognize companies within the manufacturing sector for exemplary work and best practices, and to provide a platform for the development of other companies towards the adoption of internationally recognized standards.


Paula Calderon, SMA President, lauded the ECFH Group for recognizing the importance of the manufacturing sector as an engine for the promotion of economic growth and development; and its impact on St. Lucia’s Gross Domestic Product (GDP). She indicated that the Quality Awards Programme would not have materialized without the endorsement and financial support of ECFH. The Minister of Commerce, Business Development & Consumer Affairs, Emma Hippolyte, also commended the initiative, and pledged the full support of the Government of Saint Lucia.


Group Managing Director, Robert Norstrom, noted that ECFH’s largest subsidiary, Bank of Saint Lucia, has been supporting economic diversification and in particular the manufacturing sector annually and will continue to do so. He applauded the SMA for the establishment of the Quality Awards Programme, to which the Group officially contributed $30,000 EC dollars. The support of this programme is a clear demonstration of ECFH’s commitment to the sustainable growth & development of this crucial sector.


The official media launch took place on Tuesday January 17th at ECFH’s Financial Centre on Bridge Street.  The awards will be presented in three categories-gold, platinum and diamond.  The SMA Quality Awards event is slated for March 2012 and will form part of St. Lucia’s Independence celebrations. 


The ECFH Group employs approximately 630 persons, and operates a number of subsidiaries, including the Bank of Saint Lucia Ltd, Bank of Saint Lucia International Ltd (BOSLIL), Bank of St. Vincent & the Grenadines Ltd, EC Global Insurance Co. Ltd, ECFH Global Investment Solutions Ltd (ECFH Global Investments) and Property Holding & Development Company of St. Lucia Ltd (ProDev).


Contact:  Corporate Communications

Tel:  758 457 7259 / 724 9399

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