ECCB ORDERS INDEPENDENT AUDIT OF REPUBLIC BANK AMID DELAYED TRANSACTION DEBACLE
The Eastern Caribbean Central Bank (ECCB) has announced it is commissioning an independent audit of Republic Bank (EC) Limited after over 12,000 customers had their accounts improperly debited due to delayed processing of transactions dating back to 2022. In a strongly-worded statement, the ECCB called the situation “downright unsatisfactory” and stated it has caused hardship … Continued