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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

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Inactive Financial Institution Letters 

Special Alert

May 6, 1998


SUBJECT: Revoked International Banking License

The Office of the Comptroller of the Currency has advised us that the Director of the International Business Corporations Department, Government of Antigua and Barbuda, has stricken the following company from the register of international business corporations:

Caribbean Bank of Commerce, Ltd.

As a consequence of these proceedings, the company's International Banking License has been revoked effective April 15, 1998.

Any information concerning this entity may be forwarded to FDIC's Special Activities Section, 550 17th Street, NW, Room F-6012, Washington, DC 20429.

Nicholas J. Ketcha Jr.

Distribution: FDIC-Supervised Banks (Commercial and Savings)

NOTE: Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 801 17th Street, N.W., Room 100, Washington, D.C. 20434 (800-276-6003 or (703) 562-2200).

Last Updated 07/17/1999

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