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Country Highlights

Financial Services in Dominica

As a small Caribbean island nation, Dominica has worked to diversify its economy beyond agriculture. One sector experiencing significant growth is financial services, which now contributes over half of the country’s gross domestic product according to 2022 estimates.

Dominica established its Financial Services Unit (FSU) in 2008 to regulate the expanding non-bank financial industry. Offering an attractive regulatory environment for international business companies and offshore banks, Dominica has seen increasing incorporation of such entities. The government aims to develop Dominica into a regional financial hub through initiatives like a new financial technology sandbox and regulatory framework.

Ruskin Felix Consulting sees opportunities to support Dominica’s financial services ambitions. Our expertise in developing sustainable financial sectors, strengthening governance and oversight, and facilitating public-private partnerships could aid the FSU’s efforts. RFC also has extensive experience designing fintech strategies and innovation hubs for small island nations. By working with stakeholders across Dominica, we could help develop a comprehensive roadmap to further grow the industry in line with international standards.

As climate change poses risks to Dominica’s agricultural economy, financial services provide a means to diversify revenue sources and build resilience. With careful management and RFC’s guidance, this sector can create high-paying jobs and attract greater foreign investment. Our work would empower Dominica to capitalize on its strategic location and business-friendly environment, cementing financial services as a leading driver of sustainable economic growth and development.

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We are Ruskin Felix Consulting (RFC), a global strategic advisory firm. For over a decade, we have partnered with clients worldwide to solve complex business and technology challenges. Whether you need strategic advice, market research, or solutions to make important decisions, we’ve got you covered.

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Creating a sustainable environment for driving multiple countries into a better tomorrow.

Understand how the U.S. discrepancy in accordance to their debt creates a havoc. 

Sustainable blockchain technology has immense benefit for the environment which cannot go unnoticed.

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rfc logo transparent

Featured Reports

Understand the macroeconomic situations that affect the global positioning of countries.

Businesses can better understand how chatbots can advocate their vision.

DeFi helps reduce dependency on traditional methods of transactions.

Creating a sustainable environment for driving multiple countries into a better tomorrow.

Understand how the U.S. discrepancy in accordance to their debt creates a havoc. 

Sustainable blockchain technology has immense benefit for the environment which cannot go unnoticed.

About Us

We are Ruskin Felix Consulting (RFC), a global strategic advisory firm. For over a decade, we have partnered with clients worldwide to solve complex business and technology challenges. Whether you need strategic advice, market research, or solutions to make important decisions, we’ve got you covered.

RFC Mentorship

At RFC, we believe that every great idea deserves a chance to shine. With our expert guidance, cutting-edge strategies, and meticulous attention to detail, we’ll work hand in hand with you to create strategies and guidance that helps you scale, build and develop your idea into a ready product in the market.