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Antigua Commercial Bank Ltd (Antigua and Barbuda)

Main Activities: Other Depository Credit Intermediation
Full name: Antigua Commercial Bank Ltd Profile Updated: May 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The Bank was incorporated in 1955, with a share capital of EC 100,000. It is the country s first indigenous bank and public company. The Bank is well known for its role in assisting local entrepreneurs and small business owners. Its subsidiary, ACB Mortgage and Trust Company Ltd., is the largest indigenous provider of mortgage financing on the island.
The Bank aims at being the leading financial services provider by exceeding our stakeholders' expectations through exemplary service, innovative products and adapting to an ever-changing environment. The Bank operates three branches and two agencies and has ten Automated Teller Machines, the largest network of ATMs on the island. ACB has a staff complement of one hundred and twenty (120), and is one of the largest indigenous commercial banks in Antigua Barbuda.

Headquarters
Thames And St Marys Streets Po Box 95
Saint John; Saint John;

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Website: http://www.acbonline.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1955
Key Executives
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Chairman
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Vice Chairman
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Vice Chairman
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Vice Chairman
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Director/Member of the Board
Ownership Details
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Subsidiaries
Acb Mortgage Trust Company Ltd
100%
Eastern Caribbean Securities Exchange Ltd. (Saint Kitts and Nevis)
7.75%
Company Performance
Financial values in the chart are available after Antigua Commercial Bank Ltd report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency XCD. Absolute financial data is included in the purchased report.
Net interest income
13.8%
Operating profit (EBIT)
-72.46%
Net Profit (Loss) for the Period
-84.83%
Total assets
7.1%
Total equity
2.09%
Total Assets Trend
-62.3%
Net Interest Income Trend
-4.18%
Loans to Deposits Ratio
-2.92%
Loans to Asset Ratio
-1.65%

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