Bahamas News

FirstCaribbean International Bank CEO Charles Pink has chalked up the banks strong performance – profits up 31% over year-to-date performance last year, and more than US$6 billion in loans – to customer loyalty and staff dedication.

FirstCaribbean International Bank CEO Charles Pink has chalked up the banks strong performance – profits up 31% over year-to-date performance last year, and more than US$6 billion in loans – to customer loyalty and staff dedication.

In fact, for the first time, FirstCaribbean’s operations in The Bahamas have been named “Best Bank in The Bahamas” by Global Finance Magazine.

As it approaches its fifth anniversary, FirstCaribbean continues to show strong financial performance, crossing the US$6 billion loan mark for the first time.

Loans to customers represent one of the key drivers of the bank’s profits. At the end of the third quarter of the 2007 fiscal, profits at FirstCaribbean were up by 31%. This outstanding achievement continues to build on the strong results of previous years.

“This is indeed another indicator that our bank is financially strong and healthy. I also acknowledge that we could not have achieved this level of success year after year without the on-going support of our 800,000 loyal customers and the dedication of our more than 3,500 staff spread across the region,” Mr. Pink said, when asked to comment on the bank’s success.

The Bank’s business performance continues to be singled out for accolades.

For the fourth year running, Global Finance Magazine recently awarded the Bank the title of “Best Bank” in Barbados, and the bank’s operations in Jamaica and The Bahamas copped the title for the first time.

“We’re very pleased to have crossed the US$6 billion of loans mark. But the key is to delight our customers through excellent customer service,” Mr. Pink said.

“Delivering first class service is the number one priority for our Bank, and we will be relentless in our efforts to achieve this. I am very proud of the enthusiasm, commitment and dedication shown by our staff in achieving this important goal,” he concluded.

Source: Bahama Journal