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To sanction dividends
from 2016 Annual Report
by BOSVG
BAnk OF St. Vincent And the GrenAdineS Ltd TABLE OF
Annual Report 2016 CONTENTS
A LegAcy of PLAnning
A Future of Growth fuelled by Positive Performance
03 Theme 04 Table of ConTenTs 05 mission & Vision 06 noTiCe of meeTing 07 CorporaTe informaTion 09 finanCial sTaTisTiCs 10 Chairman’s reporT 14 profile of board of direCTors 18 profile of exeCuTiVe managemenT 20 profile of senior managemenT 22 direCTors’ reporT 25 managemenT disCussion and analysis 31 audiTor’s reporT 37 ConsolidaTed sTaTemenT of finanCial posiTion 38 ConsolidaTed sTaTemenT of Changes in equiTy 39 ConsolidaTed sTaTemenT of inCome 40 ConsolidaTed sTaTemenT of ComprehensiVe inCome 41 ConsolidaTed sTaTemenT of Cash flows 43 noTes To The ConsolidaTed finanCial sTaTemenTs
mission sTaTemenT
To be customer –focused, innovative and efficient. To be the preferred provider of superior financial products and services through caring, professional staff and appropriate technology. To exceed shareholder expectations and be a catalyst for development.
THE COVER As in previous years, this year’s Annual Report cover reflects the BOSVG’s Calendar theme which highlights the achievements of outstanding Vincentian youths. It is not sheer coincidence, that the concept of the legacy and building for the future is so perfectly captured in the common themes of the calendar and this year’s Annual Report.
Vision sTaTemenT
Deeply rooted in the local community, we are the leaders in delivering a more unique banking experience through quality people, strong relationships, financial strength, sustained growth and integrity.
