Bermuda Commercial Bank
 | |
| Headquarters | 34 Bermudiana Road, Hamilton , Bermuda |
|---|---|
Area served | Bermuda |
| Products | Banking |
| Parent | Somers Limited |
| Website | https://www.bcb.bm |
Bermuda Commercial Bank Limited is one of four licensed banks in Bermuda. It is a 100% subsidiary of Somers Limited.[1] Bermuda Commercial Bank Limited (BCB) is a specialist Bermuda bank delivering innovative and effective solutions to provide superior customer experience. It offers tailored financial solutions and personal attention to Bermuda-based and international business customers, individual clients and service providers. BCB offers competitive banking products and services as well as internet and mobile banking, global custody and brokerage, trust administration, and a comprehensive range of corporate administration services.
BCB began by an Act of Parliament in February 1969. In April 2010, the majority shareholding in the bank was purchased by an investor group through Permanent Investments Limited. In October 2011, BCB expanded its trust and corporate administration services business through the acquisition of two established Bermuda companies. This was consistent with the Bank’s strategic objectives and overall business goals of creating a full-service financial services institution in Bermuda. In October 2012, BCB became a wholly-owned subsidiary of Somers Limited and delisted from the Bermuda Stock Exchange.
In June 2016, the BCB Group of Companies moved into a new location at 34 Bermudiana Road, Hamilton.
In 2019, BCB celebrated its 50-year anniversary of providing banking services to Bermuda and internationally.
References[]
- ^ About Us. Archived 2015-09-19 at the Wayback Machine Somers Limited. Retrieved 6 May 2015.
| hide Authority control  | |
|---|---|
| General | |
| National libraries | |
- Banks of Bermuda
- Bank stubs