Capital G Bank Ltd has been rebranded as the Clarien Bank Ltd, according to a company spokesman.

The move includes all of Capital G Bank Ltd’s subsidiary companies, including Capital G Investments Limited, Capital Trust Limited, Capital G BSX Services Limited, CGI Nominees Limited and Capital G Brokerage Limited.

The spokesman also noted that the rebranding will not impact local customer’s ability to complete transactions using their current account numbers, Capital G credit and debit cards or cheques.

The former Capital G location at 19 Reid Street will continue to serve as the head branch, while the Paget Plaza location remains available for full financial services.

The company’s customer service phone number will remain the same (296-6969) however clients should visit www.clarienbank.com to access eBanking services.

In a statement issued early this morning, Co-CEOs Zoran Fotak and Ian Truran said: “Our ambition for Clarien Bank Limited is to develop a world-class financial institution with an international footprint that allows us to bring the strengths of Bermuda to a global client base.

“The emergence of a new generation of highly entrepreneurial, ultra high net worth individuals is challenging the traditional offshore banking model, with clients increasingly demanding a more sophisticated full-service offering.

“Bermuda is uniquely positioned with its sophisticated infrastructure, intellectual talent and accessibility to become the premier destination of choice for offshore banking solutions.

“We believe that the strengths of this jurisdiction, along with our unique blend of international banking experience, thorough risk controls and access to major global capital and financial markets will prove a compelling mix for clients.”

The Clarien Group, a wholly owned subsidiary of Bermuda exempted company CWH Ltd, amalgamated with Capital G Bank earlier this year with CWH assuming majority ownership.

Edmund Gibbons Ltd, who had previously owned the institution, remains involved as a minority shareholder.