Notwithstanding these adversities and challenges, I am pleased to report that the Antigua Commercial Bank Group recorded operating income of $20.1M compared to $17.1M the previous fiscal, a growth of 17.5%. Net income grew by $2.0M or 13.8% to $16.0M. In terms of the Balance Sheet, loans and advances, the Bank’s core business activity grew by $41M or 8%, which in the context of the general downturn in the economy was an encouraging performance...Download Annual Report 2009 (PDF 11MB)