FirstCaribbean International Bank
BankingSaint Thomas, Barbados501-1000 Employees
CIBC FirstCaribbean is a major Caribbean bank offering a full range of market-leading financial services in Corporate Banking, Retail Banking, Wealth Management, Credit Cards, Treasury and Capital Markets. It is the largest, regionally-listed bank in the English-speaking Caribbean, with assets of over US$10.9 billion and market capitalisation of US$2.5 billion. The Bank has over 3,500 staff; 68branches, 22 banking centres, and seven offices in 17 regional markets, serving 550,000 active accounts. CIBC FirstCaribbean has maintained an "A-" rating by Standard & Poor's from inception, the highest rating of any commercial bank in the Caribbean Community. It was formed in 2002 with the merger of CIBC West Indies Holdings and Barclays Bank PLC Caribbean operations. As at December 22nd 2006, CIBC became the majority shareholder in CIBC FirstCaribbean, now holding 91.5% of the shares of CIBC FirstCaribbean International Bank Limited.
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