Anguilla News covers Anguilla
 |
|
Anguilla News
Bridging
Gaps & Expanding Horizons. |
|
|
|
|
|
Anguilla News covers Anguilla and the wider
Caribbean.
|
|
|
|
|
|
|
|
|
|
|
|
x |
|
|
|
The Banker
Magazine names FirstCaribbean “Best Bank” in three
countries. |
|
Posted Dec 4, 2007
Latest award bring the bank’s
total for 2007 to eight
Bridgetown, Barbados, - FirstCaribbean’s
Awards total for 2007 now stands at eight, as the bank has
received three more Awards for excellence in its operations.
Eight represents the highest ever total of “Best Bank” wins
in a year for FirstCaribbean. The three latest awards are
“Bracken Awards”, which are bestowed each year on the
financial institutions considered by the Financial Times’
Banker Magazine as the best banks in the world.
FirstCaribbean’s operations in The Cayman Islands, The
Bahamas and Jamaica were among banks honoured earlier this
week in London at a Gala Awards dinner at the Dorchester
Hotel. The Awards were accepted on the Bank’s behalf, by
Mr. Peter Letley, an officer of the bank’s parent company,
CIBC, who is based in London. |
Advertisement - Article continues
below
|
FirstCaribbean’s Managing Directors in the winning
jurisdictions are naturally pleased at the honour. Tom
Crawford, Managing Director of the Cayman Islands business
unit, noted: “The prestigious Banker Award is a wonderful
“First’ for The Cayman SBU that includes The Cayman Islands,
British Virgin Islands, St. Maarten and Curacao. We are
elated that this group has contributed to the trend of
excellence that has been the hallmark of our bank since its
inception. Of course, this award would never have been
possible without the fierce commitment of our employees who
continue to be celebrated annually through our own
recognition programmes for their professional excellence.”
The
sentiment was echoed by Sharon Brown in The Bahamas and
Milton Brady in Jamaica: “We are extremely appreciative of
this recognition particularly coming from such a
world-renowned source. The Banker Awards place
FirstCaribbean International Bank ahead of its peers
throughout the Caribbean region. That FirstCaribbean
International Bank Bahamas has been selected as recipient
for the second time in as many years speaks volumes about
the in-roads we have made in the industry as we seek to
better the lives and livelihood of the people and businesses
in our communities. Our delivery of world-class standards
with our unique brand is a clear indication that we have
bridged a significant gap in the eyes of global industry
analysts and experts” said Sharon Brown.
Mr.
Brady added: “This years' Banker Award is particularly
poignant for FirstCaribbean Jamaica because we have had to
work that much harder to distinguish ourselves in a very
competitive industry with larger, well established players.
Now the 2007 Award has re-affirmed that we are continuing
on the growth path that we have charted. It could not have
been achieved without the support of a truly dedicated team
and a solid base of very loyal customers. We are elated with
this latest accomplishment and we are equally proud to be
among the recipients of this award along with our
FirstCaribbean team members in The Bahamas and The Cayman
Islands.”
This
year, FirstCaribbean received five other Awards:
Two
Best bank Awards from Euromoney for its operations in
Jamaica and The Bahamas. The awards were bestowed on
FirstCaribbean by Euromoney Latin America, and placed
FirstCaribbean among leading banks in 20 countries across
Latin America that were singled out for honour.
Global Finance – Two World’s Best Bank Awards for its
operations in Barbados and Jamaica. Global Finance says “the
best banks are those that understand the needs of their
customers and provide the products and services that are in
demand and that produce mutual success. In selecting this
year’s winners, as usual we considered factors that range
from the objective to the informed subjective. Objective
criteria included growth in assets, profitability,
geographic reach, strategic relationships, new business
development and product innovation. Subjective criteria
included the opinions of equity and credit-rating analysts,
banking consultants and others in the industry.”
The
Banker Deal of the Year - FirstCaribbean Capital Markets
Trinidad and Tobago was awarded the “Deal of the Year
Trinidad & Tobago” title for 2007 by The Banker magazine and
the Financial Times Group. This year marks the first time
the honour has been presented to financial institutions in
the Caribbean region.
FirstCaribbean’s Chief Executive Officer, Charles Pink,
dedicated the awards to the team of 3600 committed
FirstCaribbean employees who have contributed to the Bank’s
continuing excellent performance. “These Awards top the
tremendous year that FirstCaribbean has had. The fact that
their Award takes place to coincide with our fifth
anniversary makes this achievement even more significant.
It is another clear endorsement that our Bank is the
standard-bearer in the financial services sector in the
Caribbean region. Since our bank was created, we have been
guided by an overarching mission of being “first”, for
customers, first for our employees first for Caribbean
communities and thereby first for Shareholders. I’m
delighted that independent external commentators are indeed
marking our bank as achieving that aspiration: being first
among some very good competitors”.
Of
the Banker awards, he added: “We could not be happier to
end the year on this high note by celebrating with our team
in The Cayman Islands which has done us proud by winning the
award for the first time in our Bank’s history, along with
The Bahamas and Jamaica who’ve been selected for the award
for the second year running – this triple achievement is
nothing short of outstanding. The best is yet to come!”
|
|
Anguilla Business Quick Links
|
