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Savings Bank

The Accountant General derives his authority as Chief Accounting Officer, from the Finance (Admin.) Act 1997 section (5) and section 4 of the attendant Financial and Stores Regulations of the Act. Accounting Framework: By virtue of being Controller and Custodian of the Consolidated Fund, he ensures that a proper system of accounting is established in every Ministry, exercises supervision over the receipts of public revenue, ensuring its punctual collection to meet the requirements of Ministries.

Savings Bank Service

From around 1959, The Saint Lucia government has provided a small savings bank service for the out district and rural areas. This longstanding service established a means by which members of those communities could have easy access to a savings institution. Since this concept was first introduced a number of banks and cooperatives have increased their branches and presence through out the island. However, the government savings banks service is still utilized in several communities as provided through our sub accountant offices island wide.