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Butterfield shortlisted for IFC awards

Butterfield’s Bahamian operations have been recognised by the Citywealth International Finance Centre (IFC) Awards 2020. 

Monday, August 12, 2019
Monday, August 12, 2019

ButterfieldButterfield’s Bahamian operations have been recognised by the Citywealth International Finance Centre (IFC) Awards 2020.

The bank has been nominated for Trust Company of the Year in four categories: Switzerland; Hong Kong and Singapore; The Bahamas, Bermuda and Cayman; and Guernsey.

Headquartered in Bermuda, Butterfield also offers services to clients from the Cayman Islands, The Bahamas, Switzerland, Singapore and the United Kingdom.

Michael Collins, Butterfield’s chairman and chief executive, said: “It is gratifying to, once again, have Butterfield businesses and professionals recognised by Citywealth through shortlistings in their prestigious International Financial Centre awards.

“These nominations reflect Butterfield’s reputation for expertise and the respect our teams have earned in the industry in the provision of bespoke banking and trust services for international clients.”

The Bahamas is experiencing booming tourism growth on land and sea in 2019, according to a June The Central Bank of The Bahamas report. The territory’s visitor arrivals grew by 13.2 per cent in the first six months of the year, outpacing the 3.1 per cent increase recorded during the same period in 2018.

The Bahamas International Securities Exchange (BISX) has released its trading statistics for the six-month period ending June 28, 2019, recording a year to date increase of 50.51 or 2.42% in the BISX All-Share Index.

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