Reopening of the Coverley Branch
We advise that the Coverley Branch will be reopened on Monday 4th July, 2022 as aLending Centre only. The ATM at this location will remain available for cash withdrawals only.…
News and Notices
Welcome to the First Citizens resource for News and Notices information.
In this section, you will find current and past information regarding First Citizens News, Notices and Events. We are delighted to provide you with this information.
Notices
In this section you will find current and past information regarding First Citizens News, Notices and Events. We are delighted to provide you with this information.
Commentary
Opinion pieces prepared by our Analysts on pertinent topics within the Caribbean and selected emerging markets and advanced economies
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Press Releases
In this section you will find current and past information regarding First Citizens Press Releases.
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Topics
The Global Food Crisis
Instead of a post-pandemic recovery phase, global economies are now experiencing further downward revisions to growth prospects due to a complex combination of new challenges. The United Nations food agencies…
Growth or Value Investing
In the midst of the current economic environment of rising inflation and economic slowdown, exists a recurring debate among investors of which is better – growth or value investing? Many…
Change in Banking Hours
We advise of a change in banking hours at all our branches on Tuesday 21st June, 2022 to facilitate a staff meeting. Opening hours on Tuesday 21st June 2022 will…
Inflation Targeting
Inflation is generally defined as a rise in the general level of prices over a given period of time and is often compared to standardised timeframes such as month-on-month, quarter-on-quarter…
Bear Markets
The terms bear and bull markets refer to trends in stock markets and can be used to describe the share price pattern in an overall market or index. Individual securities…
The Costs and Benefits of Dollarization
Currency substitution, also known as dollarization, refers to a country’s use of a foreign currency in parallel to or in place of its own domestic currency. While currency substitution can…
Federal Reserve Balance Sheet and Quantitative Tightening
The US Federal Reserve (FED) in its May 2022 meeting raised interest rates by 0.50% (50 bps), the single largest hike since 2000, bringing the rate to a target range…
Global Inflation Outlook: Can monetary policy effectively control the ongoing shocks?
Inflation relates to a situation where the purchasing power of money is eroded over time, typically manifesting as higher prices for goods and services. It is measured by the rate…
