Farewell, First Caribbean; most workers’ jobs safe
Tuesday, August 11, 2015. Aaron Humes Reporting: First Caribbean International Bank is selling its local operations to Heritage Bank after more than 60 years of operation dating back to the days of Barclays Bank.
The primary concern remained ensuring the safety of 60 workers’ jobs.
However, Prime Minister Dean Barrow reports that most, though not all, of those jobs are in fact safe, following a meeting with the two sides’ management.
While the exit is mostly a business decision, should there be concern over it? Prime Minister Barrow says no, and also denied suggestions that Government is bankrolling the Heritage takeover.
The sale will take another three to four months to complete.
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