BUTTERFIELD NAMED CAYMAN’S BANK OF THE YEAR; FIFTH TIME IN SEVEN YEARS
George Town, Grand Cayman―29 November 2019: International banking industry publication, The Banker, has named Butterfield Bank (Cayman) Limited (“Butterfield”) “Bank of the Year 2019” in the Cayman Islands. This is the fifth time in seven years that Butterfield has received the prestigious award.
Butterfield also received the Bank of the Year 2019 award in Bermuda for the seventh consecutive year.
The Banker, a Financial Times publication, is a highly regarded UK-based periodical that each year selects banks in over 100 countries to receive its Bank of the Year Awards. In making their selections, The Banker’s global editorial team considers not only a bank’s financial performance, but also strategic initiatives, innovative use of technology and service delivery channels, and efforts to extend banking services to all parts of the community. A full listing of Bank of the Year 2019 Award winners will be published in the December edition of The Banker.
Mike McWatt, Butterfield’s Managing Director in Cayman, said “We are honoured to have, once again, been named Bank of the Year in the Cayman Islands, reflecting our continued progress in enhancing our product and service offerings, and the strength of our team of professional bankers.
“Cayman is a key market for the Butterfield Group and one in which we continue to invest for growth. Our new Banking Centre at Camana Bay, which is set to open soon, reflects our commitment to providing convenient, modern banking service for our community.
“I would like to take this opportunity to thank our employees and clients for their ongoing loyalty to Butterfield.”
Butterfield is a full-service bank and wealth manager headquartered in Hamilton, Bermuda, providing services to clients from Bermuda, the Cayman Islands, Guernsey and Jersey, where our principal banking operations are located, and The Bahamas, Switzerland, Singapore and the United Kingdom, where we offer specialized financial services. Banking services comprise deposit, cash management and lending solutions for individual, business and institutional clients. Wealth management services are composed of trust, private banking, asset management and custody. In Bermuda, the Cayman Islands and Guernsey, we offer both banking and wealth management. In The Bahamas, Singapore and Switzerland, we offer select wealth management services. In the UK, we offer residential property lending. In Jersey, we offer select banking and wealth management services. Butterfield is publicly traded on the New York Stock Exchange (symbol: NTB) and the Bermuda Stock Exchange (symbol: NTB.BH). Further details on the Butterfield Group can be obtained from our website at: www.butterfieldgroup.com.