Bank of Montserrat

Bank of Montserrat Limited

Company type	Unlisted public company
Industry	Commercial Banking
Genre	Financial Services
Founder	Hensey Fenton
Headquarters	Brades, Montserrat
Key people	Dalton Lee, Chairman of the Board Baldwin Taylor, General Manager
Operating income	US$4,065,799 (as at September 30, 2021)[1]
Net income	US$508,323 (as at September 30, 2021)
Total assets	US$157,756,463 (as at September 30, 2021)
Total equity	US$16,062,096 (as at September 30, 2021)
Website	www.bankofmontserrat.ms

The Bank of Montserrat Limited is the only community bank operating in the island of Montserrat.^[2] It was incorporated on February 22, 1988 by Hensey Fenton, and officially offered its banking services to the public on May 3, 1988.

The bank, which operates as an unlisted public company, is jointly owned by local investors and the Government of Montserrat. As of March 2018, the island's government owned approximately 63% of the bank's total outstanding stock.^[3] However, the government, under the Reuben Meade administration had expressed its intentions to fully divest their ownership stake in the bank.^[4]

Bruce Farara, a local businessman, is currently the largest individual shareholder in the Bank of Montserrat Limited. As of March 2018, he owns a 3.10% stake in the bank. The heirs of John Osborne, the island's 3rd Chief Minister, also collectively own a 2.44% stake in the bank.

Bank of Montserrat's board of directors consists of the following members:^[5]

• Dalton Lee, Chairman
• John E. Ryan, Director
• Bruce Farara, Director
• Duleep Cheddie, Director
• Beverly Mendes, Director
• Venita Cabey, Director
• Johanathan Johannes, Director
• Fitzroy Buffonge, Director
• John P. Osborne, Director
• Robert Frederick, Director
• Ivan Browne, Director

• Official Website