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Loyal Bank Limited (In Liquidation)

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Overview

By an order dated 24 August 2018 of the High Court of Justice of Saint Vincent and the Grenadines under the provisions of the International Business Companies Act Chapter 149 of the Revised Laws of Saint Vincent and the Grenadines 2009 (the “Court Order”), and subsequently amended on 23 August 2019, Mr. lkins Clarke and Mr. Rikhi Rampersad were appointed as Joint Liquidators of Loyal Bank Limited (the “Joint Liquidators”).

This website serves as a means to communicate periodic updates to the creditors and depositors of Loyal Bank Limited (In Liquidation) (“the Bank” or “LBL”) on the Bank’s liquidation proceedings and any other relevant information.

Confidentiality Undertaking

In consideration of access made available to the Deloitte - Loyal Bank Limited (In Liquidation) website (the “Site”), the recipient hereby agrees to keep confidential all information contained herein or made available for download on the Site. Access to the Site has been granted to Creditors for information purposes only and upon the express understanding that it will be used only for information purposes relating to the Liquidation. No information made available on the Site should be disclosed, in whole or in part, to any other party without the express permission of the Joint Liquidators. Any reference to Creditors is not intended to be nor does it constitute an admission that the recipient or any party is in fact creditor of the Company.

Stakeholder queries can be directed to: loyalbankliquidation@deloitte.com and a representative of the Liquidators will respond.