Boslil Bank Limited is now PROVEN Bank (Saint Lucia) Limited
Boslil Bank Limited has been renamed PROVEN Bank (Saint Lucia) Limited. The move, approved by St. Lucia’s Financial Services Regulatory Authority (FSRA), is a change in legal structure, naming and look.
The rebrand follows the November 2022 move by PROVEN Bank (Cayman) Limited in acquiring 100% of Boslil Bank Limited. The bank’s transition to having the same look and naming structure as its holding company will now help strengthen brand recognition across the Caribbean.
The bank’s operations will remain unchanged, as does its licensing. PROVEN Bank (Saint Lucia) Limited remains as a financial services company incorporated in St. Lucia, licensed under the International Banks Act, Cap. 12.17, as a Class A Bank to carry on international banking business. This license allows the bank to conduct banking operations in the international markets.
The bank will continue offering financial solutions such as, Multi Currency Accounts, Foreign Exchange, Transactional Banking, Fixed Term Deposits, Loans, Credit Cards, and eBanking.
The move to acquire full ownership of Boslil Bank Limited, supports PROVEN Group Limited’s (PGL/PROVEN) vision of being the premier Caribbean and Latin American Financial Services Firm with acquisitions that fits into its Core Banking and Wealth Division business model.
PROVEN’s subsidiaries & associated companies include: PROVEN Bank (Cayman) Limited, PROVEN Bank (Saint Lucia) Limited, PROVEN Wealth Limited, PROVEN Wealth (Cayman) Limited, PROVEN Wealth (Bermuda) Limited, PROVEN Wealth (BVI) Limited, PROVEN Properties Limited, Heritage Education Funds International Inc., Access Financial Services Limited, JMMB Group Limited and Roberts Manufacturing Limited.
For more information on PROVEN, visit: www.weareproven.com