Having recently reached its milestone of ten years of operation in Saint Lucia, Hermes Bank is looking for new ways to contribute to Saint Lucians and communities.
The all-digital St. Lucia bank has a physical office in Choc Estate and hopes to expand in the future. The Bank carries out transactions for its mainly European and Caribbean clients and IBCs, dealing with operating and business-related expenses.
Most Saint Lucians may not be familiar with Hermes Bank as the Bank mostly does business with customers outside of Saint Lucia. But there are plans to expand its portfolio in the future to include local clientele.
President and CEO Jeanelle Jean says Hermes Bank hopes to identify ways to strengthen Saint Lucians and our local communities. She said the surge of support from the Bank is essential as it has benefited from the landscape of Saint Lucia over the past decade.
“Since we’re a digital bank, we don’t have a lot of interface with the Saint Lucian public,” Jean said. “Hence why we are trying to find ways to start having a more meaningful impact in our community,” she added.
Hermes Bank currently has ten employees based in Saint Lucia, some of whom have started partnering with the UOcean Project, carrying out monthly beach cleanups for which the Bank provides sponsorship.
Based in the UK, UOcean is a global network whose mission is to protect the ocean from threats such as plastics, illegal fishing, marine pollution, rising sea temperatures and marine degradation. The organization hopes to eliminate 1 billion kilos of plastic polluting the seas by 2030.
“I am very passionate about the environment and Hermes Bank was happy to support this initiative and team members eagerly pledged their support as well,” Jean said.
In commemoration of his tenth birthday, Jean said Hermes Bank shareholders had given a mandate to find ways to give back to the community of Saint Lucia. She added that the Bank has begun to identify organizations that do work that it can sponsor, partner with and loan out labor, if needed.
“Our first such initiative would be a partnership with the Saint Lucia National Trust, who have told us about some of the areas where they need help,” she explained. “We selected one of their projects to fund and look forward to working with them again in the future. We also hope to connect with the Saint Lucia Olympic Committee (SLOC) Inc. and other organizations to see how we can help you.
Throughout this year, Hermes Bank will continue to seek other initiatives. Beyond its tenth anniversary, they expect many of these causes to become part of a more sustained and ongoing commitment to the Bank. Jean says Hermes Bank believes it is important to invest its resources in Saint Lucia as they have been the foundation of the Bank over the years.
Jean noted that as corporate social responsibility becomes sharper due to the COVID-19 pandemic and other global crises, Hermes Bank will try to be more creative in supplementing financial support with volunteer staff to various initiatives. She believes that giving back is an essential part of any business’ plan for success if it truly hopes to enrich the community in which it operates.
“Even when budgets are squeezed due to the obvious challenges that all businesses can face, if you really want to get involved in making a positive difference in the community, you will find a way. Increasingly challenging global events present us with increasingly glaring opportunities to add value,” Jean said.
She added, “Throughout the challenges of the past two years, I have also found that my team has been very responsive in donating their time and resources to good causes. That being said as a bank and as a team, we will continue to do our part. »