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28 Αυγ 2012 · First Citizens announces that regulators in both Barbados and Trinidad and Tobago have approved the purchase of Butterfield Bank (Barbados) Limited by the Group; and that payment has been made by First Citizens for 100% of the shares of Butterfield Bank (Barbados) Limited from the Bank of N.T. Butterfield & Son Limited.
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First Citizens acquisition of Butterfield Bank (Barbados) 1....
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7 Μαΐ 2012 · First Citizens announced in 2012 that it had signed an agreement to buy Butterfield Bank (Barbados), a subsidiary of Butterfield Bank. The acquisition was subject to regulatory approval and was completed in August 2012.
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28 Αυγ 2012 · Find out how the acquisition of Butterfield Bank by First Citizens will affect your accounts, products, services and branch network in Barbados. Learn more about First Citizens, the largest and safest financial services group in the Caribbean.
Butterfield, officially The Bank of N. T. Butterfield & Son Limited, is a financial services company founded and headquartered in Bermuda. It provides services to clients from Bermuda , the Cayman Islands , Guernsey and Jersey , where its principal banking operations are located, and The Bahamas , Switzerland , Singapore and the United Kingdom ...
First Citizens has signed an agreement to acquire Butterfield Bank Barbados Limited, a subsidiary of Bank of NT Butterfield and Son Limited. The acquisition, pending regulatory approval, will cost First Citizens’ US$45 million “subject to normal adjustments”.
The sale Butterfield Bank Barbados Limited, a subsidiary of Bank of NT Butterfield and Son Limited to Trinidad bank First Citizens was part of a strategy by the Bermuda-based Bank to shift its capital to initiatives and businesses that offered potential for greater shareholder return.
