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THIS WEEK BVI360 FEATURES HOW FINANCIAL SERVICES MANAGED DURING COVID-19
  • POST ON 1 Jul 2022

BVI Finance released this week’s edition of the BVI360° series, titled, Resilient BVI: Global Pandemic, highlighting how the BVI’s financial services industry has fared during the Covid-19 global pandemic. 
 
CEO Elise Donovan explained that for two and a half years, Covid-19 has disrupted how everyone has lived, worked, and socialised, causing significant strains on the global economy. 
 
“The effects of Covid-19 linger, and there are other challenges to global economic stability, but recovery is well on the horizon. This week’s BVI360 series, Resilient BVI: Global Pandemic, not only highlights how the BVI’s financial services industry has managed during the global pandemic but again confirms that the BVI’s financial services industry remains agile in allowing firms to continue to operate remotely and to work with clients throughout lockdowns and emergency measures.”

She stated, “The international business and finance centre maintained its role as a reliable facilitator of high-profile and high-value transactions throughout 2020 and 2021. This resulted in the industry experiencing the highest growth rates since 2018.”

     BVI Finance launched the BVI360 series to showcase the full picture of the BVI’s financial services industry, bringing to the fore the expertise, talent, and evolution of the BVI as a resilient financial centre, being able to adjust to regulatory changes and being able to rebound from economic challenges, natural disasters, and global pandemics.

BVI Finance commissioned the BVI360 series from the UK-based Pragmatic Advisory, an independent strategy, and economics research consultancy firm.

Last week’s edition, Global BVI: Contributing to the World Economy, highlighted the role of the BVI as a facilitator of investment, trade, and economic growth. To view last week’s report click here and to view this week’s report click here.   

 

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For further information, please contact:
Adrianna Soverall
Marketing and Media Relations Coordinator
asoverall@bvifinance.vg |Tel: 284-852-1957

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