| Type | Wholly owned subsidiary |
|---|---|
| Industry | Financial Commercial banks |
| Founded | 1981 |
| Headquarters | St. John's, Antigua |
Key people | Allen Stanford |
| Parent | Stanford Financial Group |
| Website | bankofantigua.com |
Bank of Antigua was an Antigua-based bank that was owned by the Stanford Financial Group and was central to the Ponzi scheme run by Allen Stanford. It was originally formed on the 10 February 1981 in St. John's. When the Ponzi scheme was exposed in 2009, the bank was taken over by the Eastern Caribbean Central Bank (ECCB) on 20 February 2009.[1]
The bank was renamed to the Eastern Caribbean Amalgamated Bank by the ECCB and they disposed of it in Nov 2011.[2]
References
- ↑
- ↑ "ECCB disposes stake in former Stanford bank". Central Banking. 14 November 2011. Retrieved 10 February 2016.
External links
- BBC Antigua bank hit by fraud charge
- New York Times Bank of Antigua
- Allen flight to Antigua cancelled
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