Capital G Bank has launched a new Business Banking Division with a new suite of business banking products and services, including business chequing and online business banking.

An estimated 100 business owners and operators were introduced to head of business banking, Michael Veale, and his team, at the official launch celebration at at Elbow Beach Hotel.

Capital G Bank president and CEO, John Kephart said: "The launch of business banking marks Capital G's emergence into a full service bank."

"We have structured a more simplified approach to business banking that will be of benefit to Bermuda's small and medium size businesses. As Bermuda's local bank, we are committed to providing the services and support that these businesses need in order to grow and succeed in our competitive environment."

Capital G's Business Banking services include business chequing, 24-hour no-wait deposits, online business banking, Visa Business Card, line of credit, overdraft protection, local and international payment services, commercial savings and investments, and a personal relationship manager to provide individual attention.

Mr. Veale said he had been pleased at the response by existing customers and small business owners to the introduction of the new Business Banking services. "We have developed an excellent product. Now we are focusing on quality customer service, and meeting our customers' business banking needs," he said.