First Caribbean Retail Banking Upsizes Loans Saturdays

Education in the effective use of loan financing is critical in today’s competitive environment, and St. Lucians took advantage of the opportunity which was accorded them at FirstCaribbean International Bank’s 2008 Loans Fair and Expo, last Saturday, March 1st, at Samaans Park.
The flagship lending event which opened to the public from 9:00 a.m. to 5:00 p.m. has been one of FirstCaribbean’s largest, and follows on a successful first expo in 2007. Last week’s event introduced St. Lucian homeowners and potential real estate owners to a wide range of products and services inclusive of real estate, home building, furnishings, protection and educational seminars.
One in the line of business efforts by First Caribbean’s Retail Banking, the Home Expo is designed to help potential and existing customers along the path of achieving important life goals.
Associate Director – Retail/Sales, Mr. Andy Delmar reported that the bank’s expectations were exceeded as we were able to start over 100 St. Lucians on the way to home ownership on that day.
“St. Lucians want that autonomy in their lives. The important considerations for them are where to place their priorities, and how to analyse the real costs and processes of achieving this autonomy.

Consistent with our Helpful partner ethic, we as a bank, demonstrate that our interest is to help them get there.”
Through a special daytime customer education series, exhibition visitors benefited from lectures on such themes as homebuilding and buying, getting out of debt, personal financial management, and how to navigate important financial processes.
“This element of the Expo is important in demonstrating that FirstCaribbean International Bank is a trusted and reliable financial partner. Even in the consolidation of effort with other service providers the bank is attempting to promote the value in strategic partnership as business seek to strategically navigate the terrain of a marketplace that is ever changing.” Said Country Manager, Mauricia Thomas -Francis.
FirstCaribbean’s team of financing professionals were also on hand to facilitate on-the-spot loan signups, responding to customers’ concerns and queries.
The bank reports that in addition to mortgage loans, other banking products were well received and sold, such as the Registered Retirement Savings Plan and the FirstHome Savings Plan.
FirstCaribbean credits its several business partners for facilitating a meaningful visitor experience, in particular Gold Partners Courts (St. Lucia) Ltd and Cable & Wireless.
The Exposition is intended to be an annual feature in which FirstCaribbean will bring the bank and its cutting edge technology to the people.