Bank of Antigua

Bank of AntiguaType| Wholly owned subsidiary

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Industry| Financial
Commercial banks
Founded| 1981 (1981)
Headquarters| St. John's, Antigua

Key people

| Allen Stanford
Parent| Stanford Financial Group
Website| bankofantigua.com

Bank of Antigua was an Antigua-based bank that was owned by the Stanford Financial Group and was central to the Ponzi scheme run by Allen Stanford. It was originally formed on the 10 February 1981 in St. John's. When the Ponzi scheme was exposed in 2009, the bank was taken over by the Eastern Caribbean Central Bank (ECCB) on 20 February 2009.[1]

The bank was renamed to the Eastern Caribbean Amalgamated Bank by the ECCB and they disposed of it in Nov 2011.[2]

## References

1. ↑ [1][|permanent dead link|dead link}}]
2. ↑ "ECCB disposes stake in former Stanford bank". November 14, 2011. http://www.centralbanking.com/central-banking/news/2124895/eccb-disposes-stake-stanford-bank.

## External links

* BBC Antigua bank hit by fraud charge
* New York Times Bank of Antigua
* Allen flight to Antigua cancelled

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