General
Press Releases
Press
Release August
23, 2002Central
Bank of Barbados announces the revocation of the licence of Keywest
Swiss Investment Bank Inc.
The Central
Bank of Barbados today announced that the licence of Keywest
Swiss Investment Bank Inc., an offshore bank in operation in
Barbados since 1995, has been revoked.
The Bank said
that the licence was rescinded in accordance with the
International Financial Services Act, 2002.
The
revocation took effect on August 22, 2002, and the Central Bank
has assumed management and control of the entity.
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