Day: December 14, 2018

  • Bug may have exposed photos from 7M Facebook users

    Bug may have exposed photos from 7M Facebook users

    Facebook’s privacy controls have broken down yet again, this time through a software flaw affecting nearly 7 million users who had photos exposed to a much wider audience than intended. The bug disclosed Friday gave hundreds of apps unauthorized access to photos that could in theory include images that would embarrass some of the affected…

  • Trump names new acting chief of staff

    Trump names new acting chief of staff

    US President Donald Trump has named Mick Mulvaney, the director of the office of management and budget, as acting White House chief of staff. Mulvaney, 51, replaces General John Kelly, who is leaving by the end of the year. In a tweet, Trump described Kelly as a “great patriot”, who had served the country with distinction.…

  • 3 men charged following shootout with police

    3 men charged following shootout with police

    Three men who were allegedly involved in a shooting incident with the police on Monday have been charged. Jaeviania Simon, 24, of Freemans Village; Asonie Benjamin, 24, and Tyricke John, 19, both of All Saints, have been charged with breaking and larceny, shooting with intent and two counts each of possession of firearm and ammunition.…

  • BVI and Airbnb partner to expand tourism sector through home sharing

    BVI and Airbnb partner to expand tourism sector through home sharing

    Airbnb continues to deepen its roots in the Caribbean, signing a Memorandum of Understanding (MOU) with the British Virgin Islands (BVI) to collaborate on areas of common interest. This strategic partnership aims to drive local, authentic, and sustainable tourism to the islands, democratize the tourism economy, and directly benefit Virgin Islanders. The British Virgin Islands…

  • Antigua invites ScotiaBank to meeting to discuss purchase

    Antigua invites ScotiaBank to meeting to discuss purchase

    Prime Minister Gaston Browne has invited competent authorities of the Bank of Nova Scotia to a meeting by 7th January 2019 to discuss the purchase of the bank’s branch holdings in Antigua and Barbuda. The invitation is contained in a letter sent on December 13 by the Prime Minister to Scotiabank’s branch Manager in Antigua,…

  • Bangladesh beat West Indies by eight wickets – 3rd ODI

    Bangladesh beat West Indies by eight wickets – 3rd ODI

    Bangladesh defeated West Indies by eight wickets, in the decisive third One-Day International at the Sylhet International Cricket Stadium on Friday. Scores: WEST INDIES 198 for nine off 50 overs ( Shai Hope 108 not out; Mehidy Hasan 4-29, Mashrafe Mortaza 2-34, Shakib-al-Hasan 2-40) BANGLADESH 202 for two off 38.3 overs (Tamim Iqbal 81 not out, Soumya…

  • $10,000 bail for Vincentian in Barbados

    $10,000 bail for Vincentian in Barbados

    After spending three months on remand, a Vincentian walked down the steps of the District ‘A’ Magistrates’ Court Thursday with his adoptive mother after being granted bail. Curtis Bernard Bute will be enjoying Christmas on the outside after he was released from HMP Dodds on $10 000 bail by Magistrate Douglas Frederick. The 48-year-old Bute…

  • Pension payments to start today

    Pension payments to start today

    Pensioners who are owed back payments and other outstanding monies will begin receiving payments today, the Treasury Department announced. It said that it will be paying eligible pensioners for one month’s salary in lieu of outstanding collective bargaining contracts from January 2003 to December 2017. Another month’s pay will be made in lieu of back pay…

  • Gov’t promises new ABS HQ, new prison from State Insurance profits

    Gov’t promises new ABS HQ, new prison from State Insurance profits

    The government says it will use profits from the State Insurance Corporation to get work started on a new home for ABS. Some of the profits are also expected to be used to build a new prison. The two entities will be allocated $2 million each, according to the government. Regarding ABS, the Cabinet agreed to…

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]