NOTICE NO. 1
SOCIETIES WITH RESTRICTED LIABILITY ACT,
CAP. 318B
Zimmer Biomet Finance SRL
Society #1489
NOTICE IS HEREBY GIVEN that the sole
member of ZIMMER BIOMET FINANCE SRL has
authorised and directed that the Society be liquidated
and dissolved voluntarily in accordance with the
provisions of Section 30(b) of the Act.
Dated the 9th day of December 2025.
PETER A. WALFORD
Manager.
DIRECTIVE UNDER SECTION 4(2)(h) OF
THE NATIONAL PAYMENT SYSTEM ACT, 2021-1
FOR THE DECOMMISSIONING OF THE SYSTEM OPERATED BY
BARBADOS AUTOMATED CLEARING HOUSE SERVICES INCORPORATED
This Directive is given in accordance with section 4(2)(h) of the National Payment
System Act, 2021-1.
1. Mandate by Law: Sections 4(1)(a) and 4(2)(e) of the National Payment System Act, 2021-
1 provides that the Central Bank of Barbados (“the Bank”) may modernize, regulate, monitor
and oversee the National Payment System in the public interest and, in particular, regulate,
monitor and supervise the clearing systems and settlement systems.
2. Application: This Directive applies to Barbados Automated Clearing House Services
Incorporated (“BACHSI”), its Board of Directors, and all Participants operating under the BACHS|
Rules and Standards, including any bank, credit union, or payment service provider that
processes Automated Clearing House or Real Time Payment transactions through BACHSI.
3. Initial Notification: On October 4, 2024 and September 3, 2025 respectively, notice was
given to BACHSI that the Bank in partnership with the International Bank for Reconstruction
and Development intended to embark on the Barbados Payment System Modernisation
Project (“the Project”) which would introduce a national Instant Payment System (“IPS”) for
Barbados that would include a new infrastructure for the clearing and settling of domestic
payments.
4. Consultation Efforts: The Bank, in consultation with the International Bank for
Reconstruction and Development, the IPS Steering Committee and the IPS Business User Group
have developed a Decommissioning and Data Capture Plan (“the Plan”) to support the
migration of electronic-payments data from the current clearing and settlement infrastructure
to the new domestic-payments infrastructure. The Plan has been prepared to facilitate a
smooth implementation of the Project by March 31, 2026, for Participants operating under the
BACHSI Rules and Standards. The Plan is set out in the Schedule hereto.
5. Importance of Modernization: Given the importance of modernising the National
Payment System it is critical that the clearing and settlement system operated by BACHSI is
decommissioned in a structured and orderly manner so that the integrity, accessibility, and
usability of historical data generated prior to the transition of the new payment system is
preserved.
6. Decommissioning: The Bank directs that the key dates and associated mandatory
actions of the Plan are as follows:
(a) — Onor before February 28, 2026
All Participants are required to complete full data capture runs;
(6) | OnMarch 31, 2026 at or before 11:59 p.m.
February 9, 2026 OFFICIAL GAZETTE 3
BACHSI shall transition all Automated Clearing House/Real-Time Processing
(“ACH/RTP”) to an inactive state to prevent the initiation or processing of new
transactions (the “soft shutdown’);
April 1, 2026 – April 30, 2026 (the “contingency period”):
(i) BACHSI shall maintain ACH/RTP in an inactive state to ensure the continuity of
transaction processing in the event that the IPS experiences any major service
disruption which would require the inactive state to be reversed.
(ii) BACHSI shall not conduct any processing of payment transactions except in
accordance with paragraph 6(b)(iii) of this Directive;
(iii) | BACHSI may reactivate ACH/RTP
(A) where there is a defined emergency trigger;
(B) with the authorisation from the Bank; or
(C) for a limited scope and duration.
(c) — May 1, 2026:
All software and hardware related to the BACHSI system shall be shut down completely
and decommissioned (provided that there are no significant issues that arise during
the contingency period).
7. Final Directive: All Participants that process payments through BACHSI and the Board
of Directors of BACHSI are directed to take all necessary steps to ready their operations for the
decommissioning of the clearing and settlement system operated by BACHSI, such steps shall
include:
(a) _ full compliance with the timelines and actions set out in paragraph 6 of this Directive;
(b) a complete and accurate data capture of electronic payments prior to the
decommissioning of the BACHSI system;
() the implementation of archiving solutions that support future queries and reporting of
data generated prior to March 31, 2026;
(d) the termination of existing payment processing agreements related to BACHSI.
4 OFFICIAL GAZETTE February 9, 2026
SCHEDULE
BACHSI System Decommissioning
and Data Capture Plan
1. Introduction
1.1 Purpose of Document
The Barbados Automated Clearing House Services Inc. (BACHSI) is responsible for the transfer
of electronic payments between Participants operating in Barbados, in accordance with the
procedures as set out in the BACHSI Rules and Standards, February 2023. This Plan sets out the
approach to the orderly decommissioning of the BACHSI system and related operations, while
preserving the integrity, accessibility, and usability of historical data generated prior to the
transition to the new instant payment system (IPS). The Plan also defines the responsibilities,
timelines, and controls needed to support regulatory, business, and customer requirements
during and after the cut-over period.
1.2 Objectives and Scope
The Plan covers all activities required to decommission the BACHSI system and operations, and
focuses on the following objectives:
(a) to define data management responsibilities through the IPS Business User Group
BUG’);
(b) to ensure complete and accurate data capture prior to BACHSI system shutdown;
(o) to facilitate Participants completing full data capture runs on or before February 28,
2026 and again on April 1, 2026;
(d) to implement archiving solutions that support future queries and reporting of data
generated prior to March 31, 2026;
(e) to establish data retention requirements that comply with regulatory and business
needs;
(f) to shut down and decommission BACHSI systems and servers in a controlled manner;
(g) to terminate existing agreements related to BACHSI.
This Plan applies to BACHSI, its Board, and all Participants that process payments through
BACHSI.
February 9, 2026 OFFICIAL GAZETTE 5
2. Cut-over and Power-off Strategy
2.1. Pre “Go-Live”
2.2.1 Conditions for Cut-Over
On or before February 28, 2026, all Participants must complete full data capture runs.
2.2. Data Assessment
2.2.1 Post Go-Live Support
All data generated prior to the date of the system cut-over shall remain under the custody and
control of the Participant. The Minimum Data Set requirements are outlined in the Appendix.
2.2.2 Data Archiving Solutions
Every Participant must establish and deploy a comprehensive data archiving solution that is
capable of securely storing all historical data generated prior to February 28, 2026. The solution
must ensure that archived information remains readily accessible and can be efficiently
retrieved to support operational and regulatory needs during the retention period.
2.3 Escalation Framework
A clearly defined escalation framework must be documented to govern how client queries,
particularly complex or unresolved cases, are managed once the system is decommissioned.
This framework should outline the specific steps, communication channels, and internal roles
that are responsible for the resolution of queries within each Participant. The escalation
framework must comply with the Central Bank of Barbados’ Market Conduct Guideline issued
in July, 2024.
2.4 Retention Period and Compliance Requirements
Following decommissioning and as part of the data capture process, Participants are required
to retain all transaction related data as specified in the Appendix. All business transaction
records shall be retained for a period of seven (7) years’ after decommissioning.
3. Post Cut-over Activities
3.1 Decommissioning
On March 31, 2026 at or before 11:59 p.m.: The decommissioning of all software and
hardware related to the BACHSI system shall commence with the transitioning of Automated
Clearing House/Real-Time Processing (“ACH/RTP”) to an inactive state as a contingency
measure to prevent the initiation or processing of new transactions (the “soft shutdown’).
Section 18 (2)(a)(i), of the Money Laundering and Financing of Terrorism (Prevention and Control) Act, 2011-
23.
6 OFFICIAL GAZETTE February 9, 2026
The duration of the soft shut down shall be thirty (30) days commencing on April 1, 2026 and
ending on April 30, 2026 (the “contingency period”).
During the contingency period the ACH/RTP shall remain in a deactivated state that can be
easily recovered. This will ensure the continuity of transaction processing in the event that the
IPS experiences any major service disruption which would require the inactive state to be
reversed. No processing of payment transactions shall be permitted during the contingency
period except as set out below.
During the contingency period, the BACHSI system (ACH / RTP) may only be reactivated in the
following circumstances:
(a) where there is a defined emergency trigger;
(b) with the authorisation from the Central Bank of Barbados; or
(c) for a limited scope and duration.
On May 1, 2026: Provided there are no significant issues which arise during the contingency
period, the soft shutdown shall be terminated and the full shutdown and decommissioning of
all software and hardware related to the BACHSI system shall commence.
The key activities to decommission the BACHSI system are:
(a) to execute a controlled shutdown and decommissioning of BACHSI’s production, test,
and all related software development environments;
(b) to remove BACHSI connectivity and hardware interfaces from payment service provider
environments in line with their asset write-off procedures;
() subject to paragraph 2.4, to securely archive or destroy configuration files, scripts, and
system logs according to existing retention requirements of the Participant.
3.2 Termination or Amendment of Licenses, Contracts, and Obligations
The Chairperson of the BACHSI Board will provide a list of software and service contracts to be
terminated or amended including but not limited to:
(a) the contract between BACHSI and Prism Financial Processing and Services Limited
(“Prism”);
(b) the sub-contract with PaySett Corporation which was renewed in November, 2025 for
the period January 1, 2026 to December 31, 2026.
An inventory of BACHSI obligations must be developed and kept current as at May 1, 2026,
including:
(a) vendor and service provider contracts.
February 9, 2026 OFFICIAL GAZETTE 7
(b) licences for software, hardware, and infrastructure.
(c) support and maintenance agreements.
3.3 Post-Implementation Review
After decommissioning, the IPS Business User Group (“BUG”) and BACHSI Board must conduct
a post-implementation review no later than June 30, 2026:
(a) toassess the effectiveness of the cut-over and decommissioning process;
(b) to identify lessons learned and control improvements for future system transitions.
This post-implementation review must be reduced to writing and provided to the Central Bank
of Barbados.
4. Governance and Responsibilities
4.1 BACHSI Board
The BACHSI Board is required to:
(a) approve the cut-over, decommissioning, and corporate dissolution plan;
(b) notify Participants of the decommissioning, dissolution and data capture timelines;
(o) oversee contract terminations and obligations;
4.2. IPS Business User Group (BUG)
The IPS Business User Group is required to:
(a) coordinate business requirements, data management responsibilities, and Participant
commitments;
(b) monitor the following: readiness of Participants, data capture activities, and archiving
implementation;
4.3 Participants
Every Participant is required to:
(a) maintain custody and control of pre-cut-over data;
(b) execute backups, data assessments, archiving, and retention controls;
(o) operate an escalation framework for post-decommissioning customer queries.
8 OFFICIAL GAZETTE February 9, 2026
5. Appendix: Minimum Data Set (MDS) Requirements
The following are the minimum data set requirements in accordance with the category of data.
Minimum Data Set (MDS) Requirements
Category Data Elements Required
e Transaction ID /Reference Number
¢ Transaction Type
: e Transaction Amount and Currency
1. Core Transactional ‘ ,
Data ¢ Transaction Date and Timestamp
e Settlement Date
e Transaction Status
© Counterparty Information (originator, beneficiary, PSP identifiers)
2. Customer and * Customer Unique Identifier
Account Identifiers * Account Number or Account Identifier
ily, Weekl Monthly R iliation R
3. Reports and ¢ Daily, Weekly, and lont ly Reconciliation Reports
aps gs e Settlement Summaries and End-of-Day Balances
Reconciliations .
¢ Transaction Volume and Value Reports
e User or System IDs for transaction initiation / modification /
approval
4. Audit Information ¢ Timestamps for key processing events
e System Logs (workflow steps, rule applications, validations)
e Error Codes and Exception Logs
¢ Dispute or Case ID
e Linked Transaction References
5. Dispute Records ¢ Description of Dispute and Supporting Documentation
¢ Investigation Notes and Outcomes
¢ Resolution Date and Status Codes
Given by the Central Bank of Barbados this 4th day of February, 2026
Dr. KEVIN GREENIDGE
Governor
February 9, 2026 OFFICIAL GAZETTE 9
CENTRAL BANK OF BARBADOS
NON-CONSOLIDATED STATEMENT OF CONDITION AS AT November 30, 2025
Issued under Section 68 (1) of the Central Bank of Barbados Act, 2020
November
ASSETS 2025
BDS$
RESERVE OF EXTERNAL ASSETS:
Balances Held Abroad 651,059,800
Foreign Notes & Coins 7,851,153
Foreign Securities 2,347,450,900
3,006,361,853
INTERNATIONAL MONETARY FUND:
Reserve Tranche 34,601,140
Holdings of Special Drawing Rights 31,325,544
65,926,684
Total Reserve of External Assets 3,072,288,537
LOCAL ASSETS:
SECURITIES
Barbados Government Treasury Bills 207,220,000
Barbados Treasury Notes 107,678,156
Barbados Government Debentures/Bonds 421,376,362
736,274,518
DISCOUNTS AND ADVANCES
Government Ways & Means –
FIXED ASSETS (Net) 120,758,159
OTHER ASSETS 96,690,282
Total Local Assets 953,722,959
4,026,011,496
10 OFFICIAL GAZETTE February 9, 2026
CENTRAL BANK OF BARBADOS
NON-CONSOLIDATED STATEMENT OF CONDITION AS AT November 30, 2025
Issued under Section 68 (1) of the Central Bank of Barbados Act, 2020
November
2025
BDS$
LIABILITIES:
Notes and Coins in Circulation 1,090,855,185
DEPOSITS:
Government 471,204,340
Banks 2,921,153,941
Financial Institutions 3,454,743
Other 72,433,486
3,468,246,510
OTHER LIABILITIES:
Allocation of Special Drawing Rights 423,876,257
IMF Extended Fund Facility 262,995,671
Other 186,146,919
873,018,847
Total Liabilities 5,432,120,542
CAPITAL AND RESERVES
Authorised Capital: BDS$25,000,000
Paid up Capital: Government of Barbados 25,000,000
General Reserve 57,380,000
Fair Value Reserve (5,651,232)
Retirement Benefit Reserve (22,782,077)
Accumulated Deficit (1,505,013,557)
Profit & Loss Account 44,957,820
Net Capital and Reserves (1,406,109,046)
4,026,011,496
…………………………………………………………….. ………………………………………..
Governor Chief Financial Officer
January 22, 2026
February 9, 2026 OFFICIAL GAZETTE 11
Independent auditor’s report
To the Shareholder of RBC (Barbados) Trading Bank Corporation
Our opinion
In our opinion, the financial statements present fairly, in all material respects, the financial
position of RBC (Barbados) Trading Bank Corporation (the Company) as at October 31, 2025,
and its financial performance and its cash flows for the year then ended in accordance with IFRS
Accounting Standards.
What we have audited
The Company’s financial statements comprise:
• the statement of financial position as at October 31, 2025;
• the statement of comprehensive income for the year then ended;
• the statement of changes in shareholder’s equity for the year then ended;
• the statement of cash flows for the year then ended; and
• the notes to the financial statements, comprising material accounting policy
information and other explanatory information.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (ISAs). Our
responsibilities under those standards are further described in the Auditor’s responsibilities for
the audit of the financial statements section of our report.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a
basis for our opinion.
PricewaterhouseCoopers SRL, The Financial Services
Centre, Bishop’s Court Hill,
P.O. Box 111, St. Michael, BB14004,
Barbados, West Indies
T: +1 246 626 6700, F: +1 246 436 1275
www.pwc.com/bb
12 OFFICIAL GAZETTE February 9, 2026
Independence
We are independent of the Company in accordance with the International Code of Ethics for
Professional Accountants (including International Independence Standards) issued by the
International Ethics Standards Board for Accountants (IESBA Code). We have also fulfilled our
other ethical responsibilities in accordance with the IESBA Code.
Responsibilities of management and those charged with governance
for the financial statements
Management is responsible for the preparation and fair presentation of the financial statements
in accordance with IFRS Accounting Standards, and for such internal control as management
determines is necessary to enable the preparation of financial statements that are free from
material misstatement, whether due to fraud or error.
In preparing the financial statements, management is responsible for assessing the Company’s
ability to continue as a going concern, disclosing, as applicable, matters related to going concern
and using the going concern basis of accounting unless management either intends to liquidate
the Company or to cease operations, or has no realistic alternative but to do so.
Those charged with governance are responsible for overseeing the Company’s financial
reporting process.
Auditor’s responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a
whole are free from material misstatement, whether due to fraud or error, and to issue an
auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but
is not a guarantee that an audit conducted in accordance with ISAs will always detect a material
misstatement when it exists. Misstatements can arise from fraud or error and are considered
material if, individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of these financial statements.
Febru ary 9, 2026 OFFICIAL GAZETTE 13
As part of an audit in accordance with ISAs, we exercise professional judgement and maintain
professional scepticism throughout the audit. We also:
• Identify and assess the risks of material misstatement of the financial statements,
whether due to fraud or error, design and perform audit procedures responsive to those
risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for
our opinion. The risk of not detecting a material misstatement resulting from fraud is
higher than for one resulting from error, as fraud may involve collusion, forgery,
intentional omissions, misrepresentations, or the override of internal control.
• Obtain an understanding of internal control relevant to the audit in order to design
audit procedures that are appropriate in the circumstances, but not for the purpose of
expressing an opinion on the effectiveness of the Company’s internal control.
• Evaluate the appropriateness of accounting policies used and the reasonableness of
accounting estimates and related disclosures made by management.
• Conclude on the appropriateness of management’s use of the going concern basis of
accounting and, based on the audit evidence obtained, whether a material uncertainty
exists related to events or conditions that may cast significant doubt on the Company’s
ability to continue as a going concern. If we conclude that a material uncertainty exists,
we are required to draw attention in our auditor’s report to the related disclosures in the
financial statements or, if such disclosures are inadequate, to modify our opinion. Our
conclusions are based on the audit evidence obtained up to the date of our auditor’s
report. However, future events or conditions may cause the Company to cease to
continue as a going concern.
• Evaluate the overall presentation, structure and content of the financial statements,
including the disclosures, and whether the financial statements represent the
underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the
planned scope and timing of the audit and significant audit findings, including any significant
deficiencies in internal control that we identify during our audit.
14 OFFICIAL GAZETTE February 9, 2026
Other matter
This report is made solely to the Company’s shareholder, as a body corporate, in accordance
with Section 147 of the Companies Act of Barbados. Our audit work has been undertaken so that
we might state to the Company’s shareholder those matters we are required to state to them in
an auditor’s report and for no other purpose. To the fullest extent permitted by law and subject
to any enactment or rule of law to the contrary, we do not accept or assume responsibility to
anyone other than the Company and the Company’s shareholder, as a body corporate, for our
audit work, for this report, or for the opinion we have formed.
Bridgetown, Barbados
February 3, 2026
February 9, 2026 OFFICIAL GAZETTE 15
Scotiabank (Barbados) Limited .
2025 Summary Financial Statements Scotiabank.
Summary Statement of Financial Position
As at October 31, 2025
(Expressed in thousands of Barbados dollars)
2025 2024
$ $
Assets
Cash and balances with Central Bank 808,666 860,092
Due from banks 209,385 247,132
Investment securities 617,876 591,297
Loans and advances to customers 1,343,168 1,258,914
Other assets 621 4,013
Property and equipment 29,710 28,652
Deferred tax assets 1,154 996
Total Assets 3,010,580 2,991,096
Liabilities
Customer deposits 2,402,040 2,332,920
Due to banks 21,490 100,836
Other liabilities 226,834 214,426
Current tax liabilities 7,824 1,922
Total Liabilities 2,658,188 2,650,104
Equity
Stated capital 254,000 254,000
Statutory reserve fund 57,134 46,765
Investment revaluation reserves (145) (68)
Retained earnings 41,403 40,295
Total Equity 352,392 340,992
Total Liabilities and Equity 3,010,580 2,991,096
Approved by:
Mito Bagel
Director Chief Financial Officer
January 28, 2026 January 28, 2026
16 OFFICIAL GAZETTE February 9, 2026
Scotiabank (Barbados) Limited .
2025 Summary Financial Statements Scotiabank.
Summary Statement of Profit or Loss and Other Comprehensive Income
For the year ended October 31, 2025
(Expressed in thousands of Barbados dollars)
2025 2024
$ $
Interest income 100,883 103,195
Interest expense (196) (1,111)
Net interest income calculated using the effective interest method 100,687 102,084
Non-interest income 38,752 37,824
Total Revenue 139,439 139,908
Provision for expected credit losses 3,036 1,536
Non-interest expenses (89,419) (87,936)
Total Expenses (86,383) (86,400)
Profit before tax 53,056 53,508
Income tax expense (11,579) (4,494)
Profit for the year 41,477 49,014
Other comprehensive income:
Items that will never be reclassified
es shat wl to profit or {ossifi
Change in fair value of investments at FVOCI (77) (65)
Total comprehensive income for the year 41,400 48,949
Statement of Changes in Equity
For the year ended October 31, 2025
(Expressed in thousands of Barbados dollars)
Stated Statutory Investment Retained Total
Capital Reserve Revaluation —_ Earnings
Fund Reserves
$ $ $ $ $
Balance – October 31, 2023 304,000 34,511 (3) 103,535 442,043
Profit for the year – – – 49,014 49,014
Transfer to statutory reserves – 12,254 – (12,254) –
Other comprehensive income:
Change in fair value of investments at FVOCI – – (65) – (65)
Transactions with Owners of the Bank:
Capital reduction (50,000) – – – (50,000)
Dividends declared – : – (100,000) (100,000)
Balance – October 31, 2024 254,000 46,765 (68) 40,295 340,992
Profit for the year – – – 41,477 41,477
Transfer to statutory reserves – 10,369 – (10,369) –
Other comprehensive income:
Change in fair value of investments at FVOCI – – (77) – (77)
Transactions with Owners of the Bank:
Dividends declared – – – (30,000) (30,000)
Balance – October 31, 2025 254,000 57,134 (145) 41,403 352,392
February 9, 2026 OFFICIAL GAZETTE 17
Scotiabank (Barbados) Limited .
2025 Summary Financial Statements Scotiabank.
Summary Statement of Cash Flows
For the year ended October 31, 2025
(Expressed in thousands of Barbados dollars)
2025 2024
$ $
Cash flows from operating activities
Profit for the year 41,477 49,014
Adjustments for:
Provision for expected credit losses (3,036) (1,536)
Depreciation 5,135 4,268
Net loss/(gain) on disposal of property and equipment 40 (3)
Interest income:
Loans & advances to customers (75,043) (76,512)
Investment securities & other (25,840) (26,683)
Interest expense 196 1,111
Income tax expense 11,579 4,494
(45,492) (45,847)
Changes in operating assets and liabilities:
(Increase)/decrease in loans, net (80,727) 46,329
(Decrease)/increase in other assets 3,392 (43)
Increase in mandatory reserve deposits with Central Bank (3,708) (2,536)
Increase in other liabilities 14,506 40
Increase in customer deposits 69,120 54,161
Cash from operations (42,909) 52,104
Corporation tax paid (5,836) (4,828)
Interest received:
Loans & advances to customers 74,552 75,834
Investment securities & other 20,488 20,213
Interest paid (42) (1,108)
Net cash from operating activities 46,253 142,215
Cash flows from investing activities
Investment securities purchases (998,846) (530,418)
Investment securities repayments 978,343 303,217
Increase in due from banks: original maturities > 3 months – 24,083
Acquisitions of property and equipment, net of disposals (6,233) (2,472)
Net cash used in investing activities (26,736) (205,590)
Cash flows from financing activities
Dividends paid (30,000) –
Payment of lease liabilities (2,252) (2,193)
Net cash used in financing activities (32,252) (2,193)
Net decrease in cash and cash equivalents during the year (12,735) (65,568)
Cash and cash equivalents, beginning of year 887,837 953,405
Cash and cash equivalents, end of year 875,102 887,837
Composition of cash and cash equivalents:
Cash and balances with Central Bank 808,666 860,092
Due from banks 210,901 247,848
Due to banks (21,490) (100,836)
998,077 1,007,104
Mandatory deposits with Central Bank (122,975) (119,267)
Cash and cash equivalents – end of year 875,102 887,837
18 OFFICIAL GAZETTE February 9, 2026
Scotiabank (Barbados) Limited .
2025 Summary Financial Statements Scotiabank.
1. Basis of preparation
These summary financial statements are prepared in accordance with established criteria developed by management.
Under management’s established criteria, management discloses the summary statement of financial position, and
summary statements of profit or loss and other comprehensive income, changes in equity and cash flows. These summary
financial statements are derived from the audited financial statements of Scotiabank (Barbados) Limited (“the Bank”) as of
and for the year ended October 31, 2025, which are prepared in accordance with IFRS Accounting Standards as issued by
the International Accounting Standards Board (IASB). The full version of the Bank’s financial statements is located at the
Bank’s registered office.
Board of Directors
Gayle Pazos Ryle L. Weekes Suzette Armoogam-Shah Sunil Chatrani Lisl B. Lewis Ryle Weekes
Independent Auditors’ Report on the Summary Financial Statements
To the Shareholder of Scotiabank (Barbados) Limited
Opinion
The summary financial statements, which comprise the summary statement of financial position as at October 31, 2025, the
summary statements of profit or loss and other comprehensive income, changes in equity and cash flows for the year then ended,
and related note, are derived from the audited financial statements of Scotiabank (Barbados) Limited (“the Bank”) for the year ended
October 31, 2025.
In our opinion, the accompanying summary financial statements are consistent, in all material respects, with the audited financial
statements, in accordance with the basis described in Note 1.
Summary Financial Statements
The summary financial statements do not contain all the disclosures required by IFRS Accounting Standards as issued by the
International Accounting Standards Board (IFRS Accounting Standards). Reading the summary financial statements and our report
thereon, therefore, is not a substitute for reading the audited financial statements and our report thereon.
The Audited Financial Statements and Our Report Thereon
We expressed an unmodified audit opinion on the audited financial statements in our report dated January 28, 2026.
Management’s Responsibility for the Summary Financial Statements
Management is responsible for the preparation of the summary financial statements on the basis described in Note 1.
Auditors’ Responsibility
Our responsibility is to express an opinion on whether the summary financial statements are consistent, in all material respects, with
the audited financial statements based on our procedures, which were conducted in accordance with International Standard on
Auditing (ISA) 810 (Revised), “Engagements to Report on Summary Financial Statements.”
Chartered Accountants
Bridgetown, Barbados
January 28, 2026
February 9, 2026 OFFICIAL GAZETTE 19
Scotiabank Caribbean Holdings Ltd. .
2025 Summary Separate Financial Statements Scotiabank.
Summary Separate Statement of Financial Position
As at October 31, 2025
(Expressed in thousands of United States dollars)
2025 2024
$ $
Assets
Cash balances and deposit placements 135,275 136,809
Investment in subsidiaries 1,258,768 1,258,768
Other assets 988 238
Total Assets 1,395,031 1,395,815
Liabilities and Shareholder’s Equity
Other liabilities 1,228 1,227
Taxation payable 759 421
Total Liabilities 1,987 1,648
Shareholder’s Equity
Share capital 1,274,768 1,274,768
Accumulated surplus 118,276 119,399
Total Shareholder’s Equity 1,393,044 1,394,167
Total Liabilities and Shareholder’s Equity 1,395,031 1,395,815
Approved on behalf of the Company on January 28, 2026:
a. (
EAE
[a
Suzette Armoogam-Shah Kiyomi Daniel
Chief Executive Officer Chief Financial Officer
20 OFFICIAL GAZETTE February 9, 2026
Scotiabank Caribbean Holdings Ltd. .
2025 Summary Separate Financial Statements Scotiabank.
Summary Separate Statement of Profit or Loss and Other Comprehensive Income
For the year ended October 31, 2025
(Expressed in thousands of United States dollars)
2025 2024
$ $
Revenue:
Dividend income 53,893 54,170
Interest income 5,105 6,284
Total Operating Revenue 58,998 60,454
Expenses:
Professional fees 45 54
Business taxes 25 25
Other expenses 2 7
Total Operating Expenses 72 86
Profit before taxation 58,926 60,368
Taxation 1,049 490
Profit after taxation and total comprehensive
income for the year 57,877 59,878
Summary Separate Statement of Changes in Shareholders’ Equity
For the year ended October 31, 2025
(Expressed in thousands of United States dollars)
Share Accumulated
Capital Surplus Total
$ $ $
Balances at October 31, 2023 1,274,768 116,521 1,391,289
Net Profit and Other Comprehensive Income for the year – 59,878 59,878
Dividends declared – (57,000) (57,000)
Balances at October 31, 2024 1,274,768 119,399 1,394,167
Net Profit and Other Comprehensive Income for the year – 57,877 57,877
Dividends declared – (59,000) (59,000)
Balances at October 31, 2025 1,274,768 118,276 1,393,044
February 9, 2026 OFFICIAL GAZETTE 21
Scotiabank Caribbean Holdings Ltd. .
2025 Summary Separate Financial Statements Scotiabank.
Summary Separate Statement of Cash Flows
For the year ended October 31,
(Expressed in thousands of United States dollars)
2025 2024
$ $
Cash flows from Operating Activities
Net Profit and Other Comprehensive income for the year 57,877 59,878
Adjustment for:
Dividend income (53,893) (54,170)
Taxation 1,049 490
Changes in operating assets and liabilities:
(Increase) /decrease in other assets (750) 129
Decrease in other liabilities – (178)
4,283 6,149
Corporation tax paid (710) (169)
Net cash from operating activities 3,573 5,980
Cash Flows from Investing Activities
Dividends received 53,893 54,170
Increase in deposit placements: original maturities > 3 month 54,466 –
Net cash (used in)/from investing activities (573) 54,170
Cash Flows from Financing Activities
Dividends paid (59,000) (57,000)
Net cash used in financing activities (59,000) (57,000)
Net (decrease)/increase in cash and cash equivalents during the year (56,000) 3,150
Cash and cash equivalents – beginning of the year 136,809 133,659
Cash and cash equivalents – end of the year 80,809 136,809
22 OFFICIAL GAZETTE February 9, 2026
Scotiabank Caribbean Holdings Ltd. .
2025 Summary Separate Financial Statements Scotiabank.
1. Basis of preparation
These summary separate financial statements are prepared in accordance with established criteria developed by
management. Under management’s established criteria, management discloses the summary separate statement of
financial position, and summary separate statements of profit or loss and other comprehensive income, changes in
shareholder’s equity and cash flows. These summary separate financial statements are derived from the audited
separate financial statements of Scotiabank Caribbean Holdings Ltd. (“the Company”) as of and for the year ended
October 31, 2025, which are prepared in accordance with IFRS Standards as issued by the International Accounting
Standards Board (IFRS Standards). The full version of the Company’s separate financial statements is located at the
Company’s registered office.
Board of Directors
Gayle Pazos Suzette Armoogam-Shah Audrey Tugwell Henry
Roger Best Carol McKeever Reshard Mohammed
Independent Auditors’ Report on the Summary Separate Financial Statements
To the Shareholder of Scotiabank Caribbean Holdings Ltd.
Opinion
The summary separate financial statements, which comprise the summary separate statement of financial position as
at October 31, 2025, the summary separate statements of profit or loss and other comprehensive income, changes in
shareholder’s equity and cash flows for the year then ended, and related note, are derived from the audited separate
financial statements of Scotiabank Caribbean Holdings Ltd. (“the Company”) for the year ended October 31, 2025.
In our opinion, the accompanying summary separate financial statements are consistent, in all material respects, with
the audited separate financial statements, in accordance with the basis described in Note 1.
Summary Separate Financial Statements
The summary separate financial statements do not contain all the disclosures required by IFRS Standards as issued by
the International Accounting Standards Board (IFRS Standards). Reading the summary separate financial statements
and our report thereon, therefore, is not a substitute for reading the audited separate financial statements and our
report thereon.
The Audited Separate Financial Statements and Our Report Thereon
We expressed an unmodified audit opinion on the audited separate financial statements in our report dated
January 27, 2026
Management’s Responsibility for the Summary Separate Financial Statements
Management is responsible for the preparation of the summary separate financial statements in accordance with the
basis described in Note 1.
Auditors’ Responsibility
Our responsibility is to express an opinion on whether the summary separate financial statements are consistent, in all
material respects, with the audited separate financial statements based on our procedures, which were conducted in
accordance with International Standard on Auditing (ISA) 810 (Revised), “Engagements to Report on Summary Financial
Statements’.
EPIC
Chartered Accountants
Bridgetown, Barbados
January 27, 2026
February 9, 2026 OFFICIAL GAZETTE 23
The Bank of Nova Scotia Offshore Banking Unit .
2025 Summary Financial Statements Scotiabank.
Summary Statement of Financial Position
As at October 31, 2025
(Expressed in thousands of Barbados dollars)
2025 2024
$ $
Assets
Due from banks 769,645 1,017,430
Loans and advances to customers 6,047 6,873
Other assets 131 240
Total Assets 775,823 1,024,543
Liabilities
Customer deposits 662,021 808,451
Due to banks 77,459 169,762
Other liabilities 596 735
Taxation payable 6,256 2,646
Total Liabilities 746,332 981,594
Equity
Assigned capital 4,000 4,000
Retained earnings 25,491 38,949
Total Equity 29,491 42,949
Total Liabilities and Equity 775,823 1,024,543
Approved by:
Suzette Armoogam-Shah (Mrs.) Kiyomi Daniel
Country Head Chief Financial Officer
Caribbean East Regional District Caribbean East Regional District
24 OFFICIAL GAZETTE February 9, 2026
The Bank of Nova Scotia Offshore Banking Unit .
2025 Summary Financial Statements Scotiabank.
Summary Statement of Profit or Loss and Other Comprehensive Income
For the year ended October 31, 2025
(Expressed in thousands of Barbados dollars)
2025 2024
$ $
Interest income 38,390 59,849
Interest expense (12,054) (24,503)
Net interest income calculated using the effective interest method 26,336 35,346
Non-interest income 7,263 7,342
Total revenue 33,599 42,688
Non-interest expenses (1,196) (727)
Provision for credit losses 131 (78)
Total expenses (1,065) (805)
Profit before taxation 32,534 41,883
Taxation (7,763) (3,489)
Net profit and other comprehensive income for the year 24,771 38,394
Summary Statement of Changes in Equity
For the year ended October 31, 2025
(Expressed in thousands of Barbados dollars)
Assigned Retained Total
Capital Earnings Equity
$ $ $
Balance- October 31, 2023 4,000 60,893 64,893
Net profit and other comprehensive
income for the year – 38,394 38,394
Profits remitted – (60,338) (60,338)
Balance – October 31, 2024 4,000 38,949 42,949
Net profit and other comprehensive
income for the year – 24,771 24,771
Profits remitted – (38,229) (38,229)
Balance – October 31, 2025 4,000 25,491 29,491
February 9, 2026 OFFICIAL GAZETTE 25
The Bank of Nova Scotia Offshore Banking Unit .
2025 Summary Financial Statements Scotiabank.
Summary Statement of Cash Flows
For the year ended October 31, 2025
(Expressed in thousands of Barbados dollars)
2025 2024
$ $
Cash flows from operating activities
Net profit and other comprehensive income for the year 24,771 38,394
Adjustments for:
Interest income (38,390) (59,849)
Interest expense 12,054 24,503
(Reversal of)/provision for credit losses (131) 78
Income tax expense 7,763 3,489
Operating income before changes in operating assets and liabilities 6,067 6,615
Changes in operating assets and liabilities:
Decrease in other assets 109 54
Decrease in loans and advances to customers 959 477
Decrease in other liabilities (140) (123)
Decrease in customer deposits (146,769) (128,924)
Cash used in operations (139,774) (121,901)
Corporation tax paid (4153) (1,738)
Interest received 38,388 59,859
Interest paid (11,715) (25,807)
Net cash used in operating activities (117,254) (89,587)
Cash flows from investing activities
Decrease/(increase) in due from banks: original maturity > 3 months 140,474 (1,092)
Net cash from/(used in) investing activities 140,474 (1,092)
Cash flows from financing activities
Profits remitted (38,229) (60,338)
Net cash used in financing activities (38,229) (60,338)
Net decrease in cash and cash equivalents during the year (15,009) (151,017)
Cash and cash equivalents — beginning of year 702,646 853,663
Cash and cash equivalents – end of year 687,637 702,646
Composition of cash and cash equivalents:
Due from banks: original maturity < 3 months 765,096 872,408
Due to banks (77,459) (169,762)
Cash and cash equivalents – end of year 687,637 702,646
26 OFFICIAL GAZETTE February 9, 2026
The Bank of Nova Scotia Offshore Banking Unit .
2025 Summary Financial Statements Scotiabank.
1. Basis of preparation
These summary financial statements are prepared in accordance with established criteria developed by management. Under
management’s established criteria, management discloses the summary statement of financial position, and summary
statements of profit or loss and other comprehensive income, changes in equity and cash flows. These summary financial
statements are derived from the audited financial statements of The Bank of Nova Scotia Offshore Banking Unit (“the Bank”)
as of and for the year ended October 31, 2025, which are prepared in accordance with IFRS Accounting Standards as issued by
the International Accounting Standards Board (IASB). The full version of the Bank’s financial statements is located at the Bank’s
registered office.
Board of Directors
Nora A. Aufreiter W. Dave Dowrich Una M. Power L. Scott Thomson
Guillermo E. Babatz Michael B. Medline Aaron W. Regent Steven C. Van Wyk
Don H. Callahan Lynn K. Patterson Sandra J. Stuart Benita M. Warmbold
Independent Auditors’ Report on the Summary Financial Statements
To the Country Head of The Bank of Nova Scotia Offshore Banking Unit
Opinion
The summary financial statements, which comprise the summary statement of financial position as at October 31, 2025, the
summary statements of profit or loss and other comprehensive income, changes in equity and cash flows for the year then
ended, and related note, are derived from the audited financial statements of The Bank of Nova Scotia Offshore Banking Unit
(“the Bank”) for the year ended October 31, 2025.
In our opinion, the accompanying summary financial statements are consistent, in all material respects, with the audited
financial statements, in accordance with the basis described in Note 1.
Summary Financial Statements
The summary financial statements do not contain all the disclosures required by IFRS Accounting Standards as issued by the
International Accounting Standards Board (IFRS Accounting Standards). Reading the summary financial statements and our
report thereon, therefore, is not a substitute for reading the audited financial statements and our report thereon.
The Audited Financial Statements and Our Report Thereon
We expressed an unmodified audit opinion on the audited financial statements in our report dated January 28, 2026.
Management’s Responsibility for the Summary Financial Statements
Management is responsible for the preparation of the summary financial statements on the basis described in Note 1.
Auditors’ Responsibility
Our responsibility is to express an opinion on whether the summary financial statements are consistent, in all material respects,
with the audited financial statements based on our procedures, which were conducted in accordance with International
Standard on Auditing (ISA) 810 (Revised), “Engagements to Report on Summary Financial Statements.”
Chartered Accountants
Bridgetown, Barbados
January 28, 2026
February 9, 2026 OFFICIAL GAZETTE 27
Probate Advertisements
NOTICE NO. 2 NOTICE NO. 3
BARBADOS BARBADOS
IN THE SUPREME COURT OF JUDICATURE IN THE SUPREME COURT OF JUDICATURE
High Court High Court
In the Estate of In the Estate of
WILLIAM DESMOND SAVOURY AGATHA SHEILA IFILL
also known as also known as
WILLIAM D. SAVOURY SHEILA IFILL
also known as
WILLIAM SAVOURY Deceased
Deceased PUBLIC NOTICE is hereby given that an
application is being made for the following Grant of
PUBLIC NOTICE is hereby given that an Probate namely:-
Application is being made for the following Grant of
Probate namely:- PROBATE of the Will dated the 21st day of
November, 2023 of AGATHA SHEILA IFILL also
PROBATE of the Will dated the 8th day of known as SHEILA IFILL, Deceased late of Newbury
August, 2013 of WILLIAM DESMOND SAVOURY in the parish of Saint George in this Island who died at
also known as WILLIAM D. SAVOURY also known as Newbury in the parish of Saint George in this Island
WILLIAM SAVOURY late of 98 Welches Terrace in the on the 21st day of September, 2025 by RAYMOND
parish of Saint Thomas in this Island who died on the ORSON DEVERE CARTER and HUGH ERWIN
14th day of October, 2023 at 98 Welches Terrace in the PATRICK CARTER the Executors named in the said
parish of Saint Thomas in this Island by JACQUELINE Will of the Deceased.
PATRICIA BLACKMAN née SAVOURY, one of the
Executors named in the Will of the said Deceased. An application shall be submitted to the Registrar
of the Supreme Court fourteen (14) days from the date
An Application shall be submitted to the Supreme of Notice in the Official Gazette and from the date of
Court fourteen (14) days from the date of the Notice the Second Notice of this advertisement.
in the Official Gazette and from the date of the second
notice of advertisement. Dated this 2nd day of February, 2026.
Dated this 9th day of February, 2026. FAWN M. PHILLIPS-SINGH
Attorney-at-Law
SHARRON E. SMITH Suite 3, Heritage House
Attorney-at-Law. Pinfold Street
Bridgetown.
28 OFFICIAL GAZETTE February 9, 2026
NOTICE NO. 4 NOTICE NO. 5
BARBADOS BARBADOS
IN THE SUPREME COURT OF JUDICATURE IN THE SUPREME COURT OF JUDICATURE
High Court High Court
In the Estate of In the Estate of
HUGH EDSON CARTER MARLENE SCANTLEBURY
also known as
HUGH CARTER PUBLIC NOTICE is hereby given that an
also known as application is being made for the following Grant of
EDSON CARTER Administration namely:-
Deceased LETTERS OF ADMINISTRATION to the
Estate of MARLENE SCANTLEBURY, late of
PUBLIC NOTICE is hereby given that an 5J Rosemont Deacons in the parish of St. Michael
application is being made for the following Grant of in this Island, who died on the 22nd day of August
Letters of Administration namely:- 2024, at the Queen Elizabeth Hospital in the parish of
Saint Michael in this Island by DAMIEN BOURNE
LETTERS OF ADMINISTRATION to the Estate the grandson of the deceased.
of HUGH EDSON CARTER also known as HUGH
CARTER also known as EDSON CARTER Deceased, An application shall be submitted to the Registrar
late of Workmans in the parish of Saint George in this of the Supreme Court fourteen (14) days from the
Island who died at the Queen Elizabeth Hospital in the date of this advertisement to proceed with the above-
parish of Saint Michael in this Island on the 26th day named application for Administration.
of August, 2025 by RAYMOND ORSON DEVERE
CARTER and HUGH ERWIN PATRICK CARTER the Dated the 4th day of February, 2026.
children of the said deceased.
MESHACH O.M. THORNHILL
An application shall be submitted to the Registrar Attorney-at-Law.
of the Supreme Court fourteen (14) days from the date
of Notice in the Official Gazette and from the date of
the Second Notice of this advertisement.
Dated this 2nd day of February, 2026.
FAWN M. PHILLIPS-SINGH
Attorney-at-Law
Suite 3, Heritage House
Pinfold Street
Bridgetown.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Printed and Published by
the Barbados Government Printing Department
VOL. CLXI No. 18
Part C BRIDGETOWN, BARBADOS, 9TH FEBRUARY, 2026
Appointment of Notaries Public
Contents
The Notaries Public Act, (2024 – 21)
In accordance with Section 6 (3)(b) of the Notaries
Appointments of Notaries Public …………………………………………………..1 Public Act, 2024 – 21 Notice is hereby given that the
Appointments on Promotion: Officers to the posts of following persons have been appointed as Notaries Public
Permanent Secretary and Deputy Permanent Secretary ……………..2 for the year 2026:
Lost Policy Notices for Peter Harrison,
Edwin Lewis, dec’d., Jamar Sandiford, David Fields, • Ms. Shontelle Murrell-Hinkson
Judy Whitehead, dec’d., Cuthbert Belgrave, dec’d.,
Dominic Defreitas, Harriett Manning, dec’d., • Ms. Lynne-Marie Simmons
Jean-Marie Knight, Rudolph Greenidge, dec’d.,
Eleanor Rice, Dianna Linton and Kevin Watson ……1, 3-6 • Ms. Niara Adrienne Fraser
Vacation Leave: The Hon. Madam Justice Pamela Beckles,
Judge of the High Court …………………………………………………..1 • Ms. Angela Ramona Louise Robinson
• Ms. Tammy Olivia Thornhill
• Ms. Janelle Maria Davina Clarke
NOTICE NO. 1
• Mr. Andrew Christopher Ferreira, SC
Government Notices
• Mr. Giles Austin Michio Carmichael
• Ms. Liza Anita Persaud Harridyal Sodha
Vacation Leave • Ms. Ayo A. Barnard-Rawlins
• Ms. Keisha Nicola Hyde Porchettа
The Hon. Madam Justice Pamela Beckles, Judge of
the High Court, has been granted forty-seven (47) days’
Dated the 4th day of February, 2026.
vacation leave from 14th September, 2026 to 30th October,
2026. JOY-ANN CLARKE (Ms.)
Registrar of the Supreme Court.
NOTICE NO. 2
Appointment of Notaries Public
SAGICOR LIFE INC.
The Notaries Public Act, (2024 – 21) PETER HARRISON of Lot 20 Warrens
Crescent, St. Michael having made sworn deposition
In accordance with Section 6 (3)(b) of the Notaries that Policy No. C5089700 issued by Confederation Life
Public Act, 2024 – 21 Notice is hereby given that the Insurance Company and assumed by Sagicor Life Inc.,
following persons have been appointed as Notaries Public on his life has been lost and having made application to
for the year 2025 and 2026: the Directors to grant a duplicate of the same, notice is
hereby given that unless objection is raised within one
• Ms. Ruan C. Martinez month of the date hereof, the duplicate policy asked
for will be issued.
Dated the 4th day of February, 2026.
Dated the 19th day of December, 2025.
JOY-ANN CLARKE (Ms.) By Order,
Registrar of the Supreme Court.
ANDREW C. GREAVES
Corporate Secretary.
2 OFFICIAL GAZETTE February 9, 2026
GOVERNMENT NOTICE
Appointments on Promotion
The following officers have been appointed on promotion to the posts of Permanent Secretary and
Deputy Permanent Secretary within the Public Service, with effect from 2026-01-01: –
Permanent Secretary
(i) Mrs. Jennifer A. Hunte, Deputy Permanent Secretary;
(ii) Mrs. Francine Blackman, Deputy Permanent Secretary;
(iii) Mr. Charley O. Browne, Director;
Deputy Permanent Secretary
(iv) Mr. Euclid Goodman, Senior Foreign Service Officer;
(v) Mrs. Ethnie Bellamy-Weekes, Financial Controller;
(vi) Ms. Sharon Drayton, Registrar;
(vii) Ms. Octavia Forde, Chief Management Accountant;
(viii) Ms. Jane Brathwaite, Senior Foreign Service Officer;
(ix) Ms. Gillian Applewhaite, Administrative Officer I;
(x) Mrs. Suzette Edey-Babb, Chief Economist;
(xi) Ms. Vilma Phillips, Senior Administrative Officer;
(xii) Mrs. Debra Dowridge, Senior Administrative Officer;
(xiii) Mr. John Skinner, Senior Administrative Officer;
(xiv) Mr. Curtis Gilkes, Senior Administrative Officer; and
(xv) Mrs. Nicole L. Taylor, Senior Administrative Officer.
(M.P. 2/68/01C Vol. 9)
Jan 15, 2026
To be gazetted: 2026-02-05
February 9, 2026 OFFICIAL GAZETTE 3
NOTICE NO. 3 NOTICE NO. 5
SAGICOR LIFE INC. SAGICOR LIFE INC.
LANA LEWIS of Two Mile Hill, St. Michael DAVID FIELDS of 2300 Vantage Drive
being the Beneficiary of the Estate of EDWIN LEWIS Apt #5047 Woodbridge VA 22191 having made
(Deceased) and having made sworn deposition that sworn deposition that Policy No. S00078814 issued by
Policy No. 077441140 issued by Sagicor Life Inc., on Sagicor Life Inc., on his life has been lost and having
the life of EDWIN LEWIS (Deceased) has been lost made application to the Directors to grant a duplicate
and having made application to the Directors to grant of the same, notice is hereby given that unless objection
a duplicate of the same, notice is hereby given that is raised within one month of the date hereof, the
unless objection is raised within one month of the date duplicate policy asked for will be issued.
hereof, the duplicate policy asked for will be issued.
Dated the 18th day of December, 2025.
Dated the 22nd day of December, 2025.
By Order,
By Order,
ANDREW C. GREAVES
ANDREW C. GREAVES Corporate Secretary.
Corporate Secretary.
NOTICE NO. 4 NOTICE NO. 6
SAGICOR LIFE INC. SAGICOR LIFE INC.
JAMAR SANDIFORD of Prescod Road, DAVID FIELDS of 2300 Vantage Drive
Mount Standfast, St. James having made sworn Apt #5047 Woodbridge VA 22191 having made
deposition that Policy No. B100621795 issued by sworn deposition that Policy No. S00066363 issued by
British American Insurance Company and assumed by Sagicor Life Inc., on his life has been lost and having
Sagicor Life Inc., on his life has been lost and having made application to the Directors to grant a duplicate
made application to the Directors to grant a duplicate of the same, notice is hereby given that unless objection
of the same, notice is hereby given that unless objection is raised within one month of the date hereof, the
is raised within one month of the date hereof, the duplicate policy asked for will be issued.
duplicate policy asked for will be issued.
Dated the 18th day of December, 2025.
Dated the 21st day of November, 2025.
By Order,
By Order,
ANDREW C. GREAVES
ANDREW C. GREAVES Corporate Secretary.
Corporate Secretary.
4 OFFICIAL GAZETTE February 9, 2026
NOTICE NO. 7 NOTICE NO. 9
SAGICOR LIFE INC.
SAGICOR LIFE INC.
JAMES WHITEHEAD of 1809 – 101 Subway DOMINIC DEFREITAS of Lot 1 Fort
Cres., Etobicoke, ON, CA being the Beneficiary of the George Heights, St. Michael having made sworn
Estate of JUDY WHITEHEAD (Dec’d) and having deposition that Policy No. J774016018 issued by
made sworn deposition that Policy No. C5103810 issued Sagicor Life Inc., on his life has been lost and having
by Confederation Life and assumed by Sagicor Life made application to the Directors to grant a duplicate
Inc., on the life of JUDY WHITEHEAD (Dec’d) has of the same, notice is hereby given that unless objection
been lost and having made application to the Directors is raised within one month of the date hereof, the
to grant a duplicate of the same, notice is hereby given duplicate policy asked for will be issued.
that unless objection is raised within one month of the
date hereof, the duplicate policy asked for will be issued. Dated the 12th day of December, 2025.
Dated the 19th day of December, 2025. By Order,
By Order, ANDREW C. GREAVES
Corporate Secretary.
ANDREW C. GREAVES
Corporate Secretary.
NOTICE NO. 8 NOTICE NO. 10
SAGICOR LIFE INC. SAGICOR LIFE INC.
JANICE BELGRAVE of Walkers, St. Andrew GAIL WALL of Grants Avenue, Beckles Road,
being the Beneficiary of the Estate of CUTHBERT St. Michael being the Beneficiary of the Estate of
BELGRAVE (Deceased) and having made sworn HARRIETT MANNING (Deceased) and having sworn
deposition that Policy No. M2698463 issued by deposition that Policy No. 077440629 issued by Sagicor
Manufacturer’s Life Insurance Company and assumed Life Inc., on the life of HARRIETT MANNING
by Sagicor Life Inc., on the life of CUTHBERT (Deceased) has been lost and having made application
BELGRAVE (Deceased) has been lost and having to the Directors to grant a duplicate of the same, notice
made application to the Directors to grant a duplicate is hereby given that unless objection is raised within one
of the same, notice is hereby given that unless objection month of the date hereof, the duplicate policy asked for
is raised within one month of the date hereof, the will be issued.
duplicate policy asked for will be issued.
Dated the 12th day of December, 2025.
Dated the 17th day of December, 2025.
By Order,
By Order,
ANDREW C. GREAVES
ANDREW C. GREAVES Corporate Secretary.
Corporate Secretary.
February 9, 2026 OFFICIAL GAZETTE 5
NOTICE NO. 11 NOTICE NO. 13
SAGICOR LIFE INC. SAGICOR LIFE INC.
JEAN-MARIE KNIGHT of #955 Mango RHUDI BARTON of Duncans, St. Philip
Drive North, The Villages, Coverley, Christ Church being the Administrator of the Estate of RUDOLPH
having made sworn deposition that Policy No. B000509 GREENIDGE (Dec’d) and having made sworn
issued by British American Insurance Company and deposition that Policy No. B000667 issued by British
assumed by Sagicor Life Inc., on her life has been lost American Insurance Company and assumed by Sagicor
and having made application to the Directors to grant Life Inc., on the life of RUDOLPH GREENIDGE
a duplicate of the same, notice is hereby given that (Dec’d) has been lost and having made application to
unless objection is raised within one month of the date the Directors to grant a duplicate of the same, notice is
hereof, the duplicate policy asked for will be issued. hereby given that unless objection is raised within one
month of the date hereof, the duplicate policy asked for
Dated the 12th day of December, 2025. will be issued.
Dated the 9th day of January, 2026.
By Order,
By Order,
ANDREW C. GREAVES
Corporate Secretary. ANDREW C. GREAVES
Corporate Secretary.
NOTICE NO. 12 NOTICE NO. 14
SAGICOR LIFE INC. SAGICOR LIFE INC.
RHUDI BARTON of Duncans, St. Philip ELEANOR RICE of #6 Jackson Terrace,
being the Administrator of the Estate of RUDOLPH St. Michael having made sworn deposition that
GREENIDGE (Dec’d) and having made sworn Policy No. 0162058 issued by Life of Barbados
deposition that Policy No. B002231 issued by British Insurance Company and assumed by Sagicor Life
American Insurance Company and assumed by Sagicor Inc., on her life has been lost and having made
Life Inc., on the life of RUDOLPH GREENIDGE application to the Directors to grant a duplicate of
(Dec’d) has been lost and having made application to the same, notice is hereby given that unless objection
the Directors to grant a duplicate of the same, notice is is raised within one month of the date hereof, the
hereby given that unless objection is raised within one duplicate policy asked for will be issued.
month of the date hereof, the duplicate policy asked for
will be issued. Dated the 16th day of December, 2025.
Dated the 9th day of January, 2026. By Order,
By Order, ANDREW C. GREAVES
Corporate Secretary.
ANDREW C. GREAVES
Corporate Secretary.
6 OFFICIAL GAZETTE February 9, 2026
NOTICE NO. 15 NOTICE NO. 17
SAGICOR LIFE INC.
SAGICOR LIFE INC.
DIANNA LINTON of Lot #350 Emerald Park
ELEANOR RICE of No. 6 Jackson Terrace,
West, St. Philip having made sworn deposition that
St. Michael having made sworn deposition that Policy
Policy No. J774024623 issued by Sagicor Life Inc., on
No. S07339036 issued by Sagicor Life Inc., on her
her life has been lost and having made application to
life has been lost and having made application to the
the Directors to grant a duplicate of the same, notice is
Directors to grant a duplicate of the same, notice is
hereby given that unless objection is raised within one
hereby given that unless objection is raised within one
month of the date hereof, the duplicate policy asked for
month of the date hereof, the duplicate policy asked
will be issued.
for will be issued.
Dated the 9th day of January, 2026.
Dated the 16th day of December, 2025.
By Order,
By Order,
ANDREW C. GREAVES
ANDREW C. GREAVES
Corporate Secretary.
Corporate Secretary.
NOTICE NO. 16 NOTICE NO. 18
SAGICOR LIFE INC. SAGICOR LIFE INC.
ELEANOR RICE of #6 Jackson Terrace, KEVIN WATSON of #30 Lancaster North,
St. Michael having made sworn deposition that Policy Lancaster Phase 1 St. James having made sworn
No. B005458 issued by British American Insurance deposition that Policy No. B100614361 issued by
Company and assumed by Sagicor Life Inc., on her British American Insurance Company and assumed by
life has been lost and having made application to the Sagicor Life Inc., on his life has been lost and having
Directors to grant a duplicate of the same, notice is made application to the Directors to grant a duplicate
hereby given that unless objection is raised within one of the same, notice is hereby given that unless
month of the date hereof, the duplicate policy asked objection is raised within one month of the date hereof,
for will be issued. the duplicate policy asked for will be issued.
Dated the 6th day of January, 2026. Dated the 29th day of December, 2025.
By Order, By Order,
ANDREW C. GREAVES ANDREW C. GREAVES
Corporate Secretary. Corporate Secretary.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Printed and Published by
the Barbados Government Printing Department
