The Bank of Nevis Ltd. held a groundbreaking ceremony to launch its Construction and Refurbishment Project on Monday, June 21, in the vicinity of the bank’s location at Main Street, Charlestown. The project aims to expand the bank’s premises By renovating the adjacent Tony’s Building, in addition to refurbishing their current building. According to the Building Committee’s Chairman, Richard Lupinacci, a concerted effort is being made to preserve the hand-cut stone exterior of the Tony’s Building, one of the few remaining buildings in Charlestown featuring the distinctive external design. Lupinacci, however, mentioned that the building’s roof will be taken off and fitted with a new one. Also, an awning will be installed in front. A picture displayed in the event programmes and on a temporary wooden wall on Main Street, showed ceremony attendees how the completed bank premises will ultimately look like. Bank of Nevis General Manager and Master of Ceremony L. Everette Martin informed that since the bank commenced operations on December 9, 1985, it has expanded to make its services available to not just Nevis’ residents, but for all throughout the Federation. “The bank was created out of a desire to provide banking services to the local community in order to fulfill the following objectives: job creation, development of business and industry, improvement in housing, and mobilization of foreign and local savings,” he said. The Bank of Nevis International Limited is the organization’s offshore bank, which was formed on April 29, 1998. Martin stated that it remains the lone offshore bank in St. Kitts and Nevis which offers ‘stupendous possibilities” for customers to gain ‘the advantages from a jurisdiction which promotes wealth management, stability, and integrity”. “The bank has been a catalyst for development, providing funding for certain projects, affordable housing, education, small business development, and corporate expansion,” said Martin. Chairman of the Board of Directors, Rawlinson Isaac, said that the bank has expanded in times past, but never “closed their doors” in order to do so. “A building means nothing … it’s the customers that will make the difference,” explained Isaac. “We can’t use the same tools of the past as we strive to move forward.” He encouraged persons to continue supporting the bank, which he considered to be ‘the largest bank By far” in Nevis. Orville Liburd, a contractor from LEFCO Equipment, Rental & Construction Co. Ltd, posited that persons should be able to return 18 months from now to witness the project’s completion. He informed that it would take 12 months for Phase 1, completion of the Tony’s Building, and six months for Phase 2, the refurbishment of the existing bank building. “As far as the job is concerned, we should be able to get it done in record time and budget By trying to keep the workers together,” Liburd said, adding that the most imperative factor was to have “a good relationship” during the time that construction work was proceeding. After the ceremony, Trevor Hendrickson, Secretary of the Building Committee, turned the dirt behind the Tony’s Building. The Construction and Refurbishment Project Team will be guided By the project manager, Construction Managing & Consulting Agency Inc. The consultants are comprised of the architects, OBM International; engineers, Brisbane and Associates; electrical specialists, St. Kitts-Nevis Connections; and HVAC, Caribbean HVAC Services Ltd. The general contractor is LEFCO Equipment, Rental & Construction Co. Ltd, and the electrical contractor is K’s Electrical Services. This year marks the bank’s Silver Anniversary. The organization’s motto is, “Improving the Quality of Life”, and the corporate vision is, “To be the preferred financial institution in the markets to serve”.