General Information

SAINT LUCIA – A QUICK LOOK 2017/18

Government: Independent, Constitutional Parliamentary Democracy; elections constitutionally due every 5 years

Total Area Sq. miles: 238/ sq. km 616

Capital City: Castries (North West)

Towns: Soufriere (South West), Vieux Fort (South), Gros Islet (North)

Population: 174, 417 (2017)

Labour Force: 102,364 (2017)

Official Language: English

Local Language: French Creole

Standard Time Zone: EST+1, GMT-4

Temperature: 28° C on average year round

GDP: US$ 1.33 Billion (2017)

Inflation: (0.1%) (2017)

Currency: Code (XCD), Eastern Caribbean Dollar (EC$)

Official Exchange Rate: US $1 = EC $2.70

Airports: 2 (Hewanorra International in the South and George F. L. Charles in the North)

Major Seaports: 2 (Port Castries in the North and Port Vieux in the South)

Maximum Weekly Work Hours: 40

Maximum Daily Work Hours: 8

Main Commercial Business Hours: 8:00 am-5:00 pm

Main Commercial Business Days Closed: Sundays and public holidays

BANKING AND FINANCE

Some major international banks and other financial institutions operate in St. Lucia, providing a variety financial services. To operate a US Dollar account, Government has to grant permission after a special request is made.

Banks

1st National Bank St. Lucia Limited

Website: http://www.1stnationalbankonline.com

Bank of Saint Lucia Limited

Website: www.bankofsaintlucia.com

CIBC First Caribbean International Bank

Website: http://www.cibcfcib.com

RBC Royal Bank / RBTT Bank Caribbean Limited

Website: www.rbcroyalbank.com/caribbean

The Bank of Nova Scotia

Website: http://www.stlucia.scotiabank.com

St. Lucia Development Bank

Website: www.sldb.lc

Financial Investment & Consultancy Services Limited

Website: www.ficsltd.com

 

Main Banking Hours: Monday to Thursday, 8:00 am to 2:00 pm

Fridays, 8:00 am to 4:00 pm

Saturdays, closed

Credit Unions

Choiseul Credit Union

Facsimile (758) 453-2116

Dennery Community Credit Co-op Society

www.dennercreditunion.com

Elks City of Castries Cooperative Credit Union Ltd

www.elkscreditunion.com

Fond St. Jaques Credit Coop Society Ltd

www.fondstjacquescreditunion.com

Laborie Co-operative Credit Union Ltd

Website: www.mylaboriecu.com

Mon Repos Eastern Credit Union

Website: www.monreposcreditunion.com

National Farmers & General Workers Co-operative Credit Union Society Ltd

Website: www.nfgwccu.org

St. Lucia Civil Service Coo-operative Credit Union Ltd

Website: www.cscreditunion.com

St. Lucia Hospitality Industry Workers Credit Co-operative Society Ltd

E-Mail: sluhoscu@sluhoscu.com

St. Lucia Teachers’ Credit Coop Ltd

Website: www.sltccu.com

St. Lucia Workers Credit Union Ltd

Website: www.sluwcu.org

Saltibus Coop Credit Union

Tel: (758) 455-1523

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