{"id":237624,"date":"2025-05-20T07:23:07","date_gmt":"2025-05-20T11:23:07","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=237624"},"modified":"2025-05-20T10:51:59","modified_gmt":"2025-05-20T14:51:59","slug":"antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/","title":{"rendered":"Antigua and Barbuda Parliament Approves Regional Deposit Insurance Bill to Safeguard Bank Depositors"},"content":{"rendered":"<div id=\"antig-3458623613\" class=\"antig-ecab antig-entity-placement\"><a href=\"https:\/\/discoverflow.co\/web\/antigua\" aria-label=\"ANU CVP Digital Broadband 1200x400_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1201w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:342\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1201\" height=\"401\"   \/><\/a><\/div><div id=\"antig-926558323\" class=\"antig-before-content antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/medicalbenefitsscheme\" aria-label=\"PHOTO-2026-04-07-10-45-56\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1200\/h:400\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-10-45-56.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1200\/h:400\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-10-45-56.jpg 1200w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-10-45-56.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:341\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-10-45-56.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-10-45-56.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1200\" height=\"400\"   \/><\/a><\/div>\n<p><a href=\"https:\/\/whatsapp.com\/channel\/0029VaFMdgE6mYPT8QGXjA0A\"><strong><em>CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP<\/em><\/strong><\/a><\/p><div id=\"antig-1403268482\" class=\"antig-content_5 antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/ablpag\" aria-label=\"PHOTO-2026-04-07-23-18-33\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1600\/h:800\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-23-18-33.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1600\/h:800\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-23-18-33.jpg 1600w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:150\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-23-18-33.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:512\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-23-18-33.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:384\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-23-18-33.jpg 768w, https:\/\/mlavawteztbj.i.optimole.com\/w:1536\/h:768\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-23-18-33.jpg 1536w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1600\" height=\"800\"   \/><\/a><\/div>\n\n\n\n<p><br><strong><a href=\"https:\/\/antiguanewsroom.com\/chet-greene-attends-china-celac-forum-to-deepen-caribbean-latin-america-ties-with-beijing\/?swcfpc=1\">Antigua and Barbuda<\/a><\/strong> Parliament Approves Regional Deposit Insurance Bill to Safeguard Bank Depositors<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-backs-closer-china-caribbean-ties-at-beijing-forumbeijing\/?swcfpc=1\">Antigua and Barbuda\u2019s <\/a><\/strong>Parliament has approved the <em>Eastern Caribbean Deposit Insurance Corporation Agreement Bill 2025<\/em>, part of a suite of harmonised legislation across the Eastern Caribbean Currency Union (ECCU) designed to bolster financial stability and protect depositors in the event of a bank failure.<\/p><div id=\"antig-3057563358\" class=\"antig-content_4 antig-entity-placement\"><a href=\"https:\/\/discoverflow.co\/web\/antigua\" aria-label=\"ANU CVP Digital Broadband 1200x400_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1201w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:342\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1201\" height=\"401\"   \/><\/a><\/div><div id=\"antig-1764717261\" class=\"antig-content_12 antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/ablpag\" aria-label=\"Full-ABLP-Team-Digital-Billboard-1920x1080px\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1920\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2023\/01\/Full-ABLP-Team-Digital-Billboard-1920x1080px.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1920\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2023\/01\/Full-ABLP-Team-Digital-Billboard-1920x1080px.jpg 1920w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:169\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2023\/01\/Full-ABLP-Team-Digital-Billboard-1920x1080px.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:576\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2023\/01\/Full-ABLP-Team-Digital-Billboard-1920x1080px.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:432\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2023\/01\/Full-ABLP-Team-Digital-Billboard-1920x1080px.jpg 768w, https:\/\/mlavawteztbj.i.optimole.com\/w:1536\/h:864\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2023\/01\/Full-ABLP-Team-Digital-Billboard-1920x1080px.jpg 1536w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1920\" height=\"1080\"   \/><\/a><\/div>\n\n\n\n<p>The bill was presented by Prime Minister Gaston Browne, who described it as a \u201clandmark step\u201d towards regional financial security.<\/p><div id=\"antig-1121640230\" class=\"antig-content antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/ReggaeInTheParkAntigua\" aria-label=\"lucanio\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:864\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/12\/lucanio.jpeg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:864\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/12\/lucanio.jpeg 1080w, https:\/\/mlavawteztbj.i.optimole.com\/w:240\/h:300\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/12\/lucanio.jpeg 240w, https:\/\/mlavawteztbj.i.optimole.com\/w:819\/h:1024\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/12\/lucanio.jpeg 819w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:960\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/12\/lucanio.jpeg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1080\" height=\"1350\"   \/><\/a><\/div>\n\n\n\n<p> It paves the way for the establishment of the <strong>Eastern Caribbean Deposit Insurance Corporation<\/strong>, a regional body that will insure deposits of up to <strong>EC $50,000<\/strong> for individuals and businesses holding accounts at participating financial institutions.<\/p>\n\n\n\n<p>\u201cThis will literally protect depositors in the event of a failed bank,\u201d Prime Minister Browne told lawmakers. \u201cAll eight member states of the ECCU have agreed to this initiative. <\/p><div id=\"antig-3726301041\" class=\"antig-content_2 antig-entity-placement\"><a href=\"https:\/\/www.courts.com\/antigua\/\" aria-label=\"500X500 (1)\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:500\/h:500\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:500\/h:500\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg 500w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:300\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:150\/h:150\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg 150w\" sizes=\"(max-width: 500px) 100vw, 500px\" width=\"500\" height=\"500\"   \/><\/a><\/div>\n\n\n\n<p>It is a critical layer of protection and a means of avoiding taxpayer-funded bailouts.\u201d<\/p>\n\n\n\n<p>According to Browne, the initiative will be funded primarily by premiums paid by financial institutions.<\/p><div id=\"antig-3738894044\" class=\"antig-content_3 antig-entity-placement\"><a href=\"https:\/\/www.antiguabarbudaculinarymonth.com\/\" aria-label=\"CM key_WEB 1300x300_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1301\/h:301\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/CM-key_WEB-1300x300_1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1301\/h:301\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/CM-key_WEB-1300x300_1.jpg 1301w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:69\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/CM-key_WEB-1300x300_1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:237\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/CM-key_WEB-1300x300_1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:178\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/CM-key_WEB-1300x300_1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1301\" height=\"301\"   \/><\/a><\/div>\n\n\n\n<p> While the precise methodology has yet to be finalised, he said banks may allocate a portion of the interest income from depositors to contribute to the insurance fund. <\/p><div id=\"antig-4014425647\" class=\"antig-content_6 antig-entity-placement\"><a href=\"https:\/\/discoverflow.co\/web\/antigua\" aria-label=\"ANU CVP Digital Broadband 1200x400_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1201w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:342\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1201\" height=\"401\"   \/><\/a><\/div>\n\n\n\n<p>An initial capital injection of <strong>EC $1.5 million<\/strong> will be provided by the Eastern Caribbean Central Bank (ECCB), with the fund expected to grow significantly over time.<\/p>\n\n\n\n<p>Browne pointed to the region\u2019s banking history as justification for the move, referencing past failures in Antigua and Barbuda, including <strong>ABI Bank<\/strong>, <strong>Bank of Antigua<\/strong>, and <strong>Caribbean Union Bank (CUB)<\/strong>. <\/p>\n\n\n\n<p>The Prime Minister said the government spent <strong>EC $300 million<\/strong> to protect depositors during the collapse of ABI Bank, a burden he argued should not fall on taxpayers again.<\/p>\n\n\n\n<p>\u201cThis country suffered fiscal failure, economic failure, and bank failure all at once.<\/p>\n\n\n\n<p> No other country in the Caribbean has faced that trifecta. We must put systems in place to avoid repeating that history,\u201d he said.<\/p>\n\n\n\n<p>The bill also outlines a strong <strong>governance and compliance structure<\/strong>, with a five-member board to oversee the corporation\u2019s operations. Non-compliant banks could face fines of up to <strong>EC $500,000<\/strong>, with additional daily penalties for continued violations. <\/p>\n\n\n\n<p>The ECCB will serve as custodian of the fund, managing deposits and investment returns under the guidance of the new corporation\u2019s board.<\/p>\n\n\n\n<p>Browne encouraged depositors with savings above the EC $50,000 threshold to diversify their holdings across multiple banks to ensure full coverage.<\/p>\n\n\n\n<p>\u201cThere is a practical way to protect your full savings\u2014split your funds between institutions,\u201d he advised. <\/p>\n\n\n\n<p>He also noted that the coverage limit may be increased in the future if the fund grows significantly, possibly reaching <strong>EC $100,000<\/strong> or more.<\/p>\n\n\n\n<p>The Prime Minister used the opportunity to clarify provisions in the bill regarding <strong>legal immunity for officers and directors<\/strong> of the corporation.<\/p>\n\n\n\n<p> He drew a parallel to recent controversy surrounding the government\u2019s payment of legal fees in the <em>Alfa Nero<\/em> matter, stating that indemnity clauses for public officials acting in good faith are standard in both national and international law.<\/p>\n\n\n\n<p>\u201cIf we acted corruptly, there would be no immunity. But we acted in good faith and within our legal duties,\u201d he said.<\/p>\n\n\n\n<p> \u201cThese provisions exist to protect those serving the public\u2014not to shield wrongdoing.\u201d<\/p>\n\n\n\n<p>While Grenada is currently lobbying to host the headquarters of the new corporation, Browne said Antigua and Barbuda supports a collaborative approach, having previously hosted the Eastern Caribbean Asset Management Corporation (ECAMC).<\/p>\n\n\n\n<p>The bill now awaits finalisation of similar legislation across the ECCU before the deposit insurance scheme can become operational.<\/p>\n\n\n\n<p>\u201cThis is not just a financial instrument,\u201d Browne concluded.<\/p>\n\n\n\n<p> \u201cIt is an expression of regional solidarity and a long-term investment in economic resilience.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/whatsapp.com\/channel\/0029VaFMdgE6mYPT8QGXjA0A\"><strong><em>CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP<\/em><\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/whatsapp.com\/channel\/0029VaFMdgE6mYPT8QGXjA0A\"><strong><em>CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP<\/em><\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/whatsapp.com\/channel\/0029VaFMdgE6mYPT8QGXjA0A\"><strong><em>CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP<\/em><\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/whatsapp.com\/channel\/0029VaFMdgE6mYPT8QGXjA0A\"><strong><em>CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP<\/em><\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/whatsapp.com\/channel\/0029VaFMdgE6mYPT8QGXjA0A\"><strong><em>CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP<\/em><\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/whatsapp.com\/channel\/0029VaFMdgE6mYPT8QGXjA0A\"><strong><em>CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP<\/em><\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/whatsapp.com\/channel\/0029VaFMdgE6mYPT8QGXjA0A\"><strong><em>CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP<\/em><\/strong><\/a><\/p>\n<div id=\"antig-3435671318\" class=\"antig-in-comments_2 antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/@hadeedmotorsltd\" aria-label=\"Hadeed_WEB_Banner_MG-2\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1000\/h:250\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1000\/h:250\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png 1000w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:75\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:192\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1000\" height=\"250\"   \/><\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP Antigua and Barbuda Parliament Approves Regional Deposit Insurance Bill to Safeguard Bank Depositors Antigua and Barbuda\u2019s Parliament has approved the Eastern Caribbean Deposit Insurance Corporation Agreement Bill 2025, part of a suite of harmonised legislation across the Eastern Caribbean Currency Union (ECCU) designed to bolster financial stability [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":237625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-237624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Antigua Barbuda Approves Deposit Insurance Bill - Antigua News Room<\/title>\n<meta name=\"description\" content=\"Antigua Barbuda&#039;s Parliament approves a crucial financial bill to safeguard depositors amid bank failures. Learn more here.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Antigua and Barbuda Parliament Approves Regional Deposit Insurance Bill to Safeguard Bank Depositors\" \/>\n<meta property=\"og:description\" content=\"Antigua Barbuda&#039;s Parliament approves a crucial financial bill to safeguard depositors amid bank failures. Learn more here.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/\" \/>\n<meta property=\"og:site_name\" content=\"Antigua News Room\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antiguanewsroom\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-20T11:23:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-20T14:51:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mlavawteztbj.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/BROWNE-1-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2190\" \/>\n\t<meta property=\"og:image:height\" content=\"2560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:site\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\"},\"headline\":\"Antigua and Barbuda Parliament Approves Regional Deposit Insurance Bill to Safeguard Bank Depositors\",\"datePublished\":\"2025-05-20T11:23:07+00:00\",\"dateModified\":\"2025-05-20T14:51:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/\"},\"wordCount\":693,\"commentCount\":7,\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:923\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/BROWNE-1-scaled.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/\",\"url\":\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/\",\"name\":\"Antigua Barbuda Approves Deposit Insurance Bill - Antigua News Room\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:923\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/BROWNE-1-scaled.jpg\",\"datePublished\":\"2025-05-20T11:23:07+00:00\",\"dateModified\":\"2025-05-20T14:51:59+00:00\",\"description\":\"Antigua Barbuda's Parliament approves a crucial financial bill to safeguard depositors amid bank failures. Learn more here.\",\"breadcrumb\":{\"@id\":\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#primaryimage\",\"url\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:923\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/BROWNE-1-scaled.jpg\",\"contentUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:923\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/BROWNE-1-scaled.jpg\",\"width\":2190,\"height\":2560},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/antiguanewsroom.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Antigua and Barbuda Parliament Approves Regional Deposit Insurance Bill to Safeguard Bank Depositors\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/antiguanewsroom.com\/#website\",\"url\":\"https:\/\/antiguanewsroom.com\/\",\"name\":\"Antigua News Room\",\"description\":\"News As It Happens\",\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/antiguanewsroom.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\",\"name\":\"Antigua Newsroom\",\"url\":\"https:\/\/antiguanewsroom.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:1080\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/08\/IMG_1584.jpeg\",\"contentUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:1080\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/08\/IMG_1584.jpeg\",\"width\":1260,\"height\":1260,\"caption\":\"Antigua Newsroom\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/antiguanewsroom\",\"https:\/\/x.com\/AntiguaNewsRoom\",\"https:\/\/www.instagram.com\/antiguanewsroom\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=96\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=96\",\"caption\":\"Editor\"},\"url\":\"https:\/\/antiguanewsroom.com\/author\/editor\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Antigua Barbuda Approves Deposit Insurance Bill - Antigua News Room","description":"Antigua Barbuda's Parliament approves a crucial financial bill to safeguard depositors amid bank failures. Learn more here.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/","og_locale":"en_US","og_type":"article","og_title":"Antigua and Barbuda Parliament Approves Regional Deposit Insurance Bill to Safeguard Bank Depositors","og_description":"Antigua Barbuda's Parliament approves a crucial financial bill to safeguard depositors amid bank failures. Learn more here.","og_url":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/","og_site_name":"Antigua News Room","article_publisher":"https:\/\/www.facebook.com\/antiguanewsroom","article_published_time":"2025-05-20T11:23:07+00:00","article_modified_time":"2025-05-20T14:51:59+00:00","og_image":[{"width":2190,"height":2560,"url":"https:\/\/mlavawteztbj.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/BROWNE-1-scaled.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_creator":"@AntiguaNewsRoom","twitter_site":"@AntiguaNewsRoom","twitter_misc":{"Written by":"Editor","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#article","isPartOf":{"@id":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/"},"author":{"name":"Editor","@id":"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5"},"headline":"Antigua and Barbuda Parliament Approves Regional Deposit Insurance Bill to Safeguard Bank Depositors","datePublished":"2025-05-20T11:23:07+00:00","dateModified":"2025-05-20T14:51:59+00:00","mainEntityOfPage":{"@id":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/"},"wordCount":693,"commentCount":7,"publisher":{"@id":"https:\/\/antiguanewsroom.com\/#organization"},"image":{"@id":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#primaryimage"},"thumbnailUrl":"https:\/\/mlavawteztbj.i.optimole.com\/w:923\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/BROWNE-1-scaled.jpg","articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/","url":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/","name":"Antigua Barbuda Approves Deposit Insurance Bill - Antigua News Room","isPartOf":{"@id":"https:\/\/antiguanewsroom.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#primaryimage"},"image":{"@id":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#primaryimage"},"thumbnailUrl":"https:\/\/mlavawteztbj.i.optimole.com\/w:923\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/BROWNE-1-scaled.jpg","datePublished":"2025-05-20T11:23:07+00:00","dateModified":"2025-05-20T14:51:59+00:00","description":"Antigua Barbuda's Parliament approves a crucial financial bill to safeguard depositors amid bank failures. Learn more here.","breadcrumb":{"@id":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#primaryimage","url":"https:\/\/mlavawteztbj.i.optimole.com\/w:923\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/BROWNE-1-scaled.jpg","contentUrl":"https:\/\/mlavawteztbj.i.optimole.com\/w:923\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/05\/BROWNE-1-scaled.jpg","width":2190,"height":2560},{"@type":"BreadcrumbList","@id":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-parliament-approves-regional-deposit-insurance-bill-to-safeguard-bank-depositors\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/antiguanewsroom.com\/"},{"@type":"ListItem","position":2,"name":"Antigua and Barbuda Parliament Approves Regional Deposit Insurance Bill to Safeguard Bank Depositors"}]},{"@type":"WebSite","@id":"https:\/\/antiguanewsroom.com\/#website","url":"https:\/\/antiguanewsroom.com\/","name":"Antigua News Room","description":"News As It Happens","publisher":{"@id":"https:\/\/antiguanewsroom.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/antiguanewsroom.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/antiguanewsroom.com\/#organization","name":"Antigua Newsroom","url":"https:\/\/antiguanewsroom.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/antiguanewsroom.com\/#\/schema\/logo\/image\/","url":"https:\/\/mlavawteztbj.i.optimole.com\/w:1080\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/08\/IMG_1584.jpeg","contentUrl":"https:\/\/mlavawteztbj.i.optimole.com\/w:1080\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/08\/IMG_1584.jpeg","width":1260,"height":1260,"caption":"Antigua Newsroom"},"image":{"@id":"https:\/\/antiguanewsroom.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/antiguanewsroom","https:\/\/x.com\/AntiguaNewsRoom","https:\/\/www.instagram.com\/antiguanewsroom\/"]},{"@type":"Person","@id":"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/antiguanewsroom.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=96","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=96","caption":"Editor"},"url":"https:\/\/antiguanewsroom.com\/author\/editor\/"}]}},"_links":{"self":[{"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/posts\/237624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/comments?post=237624"}],"version-history":[{"count":2,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/posts\/237624\/revisions"}],"predecessor-version":[{"id":237669,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/posts\/237624\/revisions\/237669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/media\/237625"}],"wp:attachment":[{"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/media?parent=237624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/categories?post=237624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/tags?post=237624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}