Concerns are mounting in the financial sector as the Global Bank of Commerce (GBC), a cornerstone of Antigua and Barbuda’s international banking landscape for over 40 years, has mysteriously vanished from the official list of licensed international banks.
More in this report.
Chairman and CEO of Global bank of Commerce Brian Stuart-Young (left) Speaks With Colleague at Just Concluded Ambassador Forum in Antigua. (Photo by Luigi Rodriguez)
Shermain Bique-Charles is an accomplished journalist with over 24 years of dynamic experience in the industry. Renowned for her exceptional storytelling and investigative skills, she has garnered numerous awards that highlight her commitment to journalistic integrity and excellence. Her work not only informs but also inspires, making her a respected voice in the field.
When rich people cannot get their money they go on funny. In any other country people would be respected enough to be informed.. not in this island there they call wadadli.
This incident underscores the fragility of the offshore banking sector in small island economies. Even perceived instability can ripple across the region, affecting correspondent banking and compliance relationships
Forty years in operation and now poof gone. FSRC acting like if people blind and stupid. We need answers, not silence. This kinda secrecy making the whole country look shady
The removal of GBC from the official register is not a small matter. The FSRC has a duty to clarify whether the delisting reflects a suspension, revocation, or voluntary closure each has vastly different implications for depositors and correspondent relationships
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Jeremy October 16, 2025, 8:41 PM
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