It was founded in October1983 in order to maintain the stability of the EC dollar and the integrity of the banking system in order to facilitate the balanced growth and development of member states.
External link
Eastern Caribbean Central Bank Web site (http://www.eccb-centralbank.org/index.asp)
The East Caribbean dollar is the currency of eight political states in the Organisation of EasternCaribbean States.
The EasternCaribbean dollar is issued by the EasternCaribbeanCentralBank based in Saint Kitts and Nevis.
The bank was established by an agreement (the EasternCaribbeanCentralBank Agreement) signed at Port-of-Spain on July 5, 1983, as successor to the EasternCaribbean Currency Authority.
The Organisation of EasternCaribbean States (OECS) is an inter-governmental organisation dedicated to economic harmonisation and integration, protection of human and legal rights, and the encouragement of good governance between countries and dependencies in the EasternCaribbean.
The majority of the OECS members-states are participants of the EasternCaribbeanCentralBank (ECCB) monitary authority.
The regional centralbank oversees financial and banking integrity for the Organisation of EasternCaribbean States economic bloc of states.
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