The Eastern Caribbean Central Bank (ECCB) advises that in keeping with Section 14 of the Banking Act, it has revoked the banking licences of RBTT Bank (Grenada) Limited, RBTT Bank (SKN) Limited and Royal Bank of Canada effective 29 October. The licences were revoked following the sale or transfer of the respective entities in April. Hence, they no longer require banking licences as they have all ceased to carry out banking business in the Eastern Caribbean Currency Union, under those names. The sale of RBTT Bank (Grenada) Limited to The Antigua Commercial Bank Limited was conducted in accordance with Section
