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Clarien Bank will be raising lending and savings rates next year after the US Federal Reserve raised its key interest rate by a quarter of a percentage point. The bank said today it had anticipated the US central bank’s action and it planned to incre...

Randall Krebs, development director of Harbour International Trust Company Ltd, has been awarded a 2017 Step Founder’s Award by the Society of Trust and Estate Practitioners. The Founder’s Awards are given to members who have made “an exceptional and...

Two weeks after announcing it was set to take a majority stake in the parent company of Clarien Bank, Jamaica’s NCB Financial Group Limited has launched a $174 million cash bid to take control of a Trinidad and Tobago-based financial services company...

A company owned by Jamaican billionaire Michael Lee-Chin’s Portland Holdings is set to take a majority stake in the parent company of Clarien Bank. If the transaction is approved, it will be the third time in four years that the majority shareholding...

Clarien Bank ATM machines are up and running again after the impacts of a Caribbean hurricane put them temporarily out of order. Some customers were surprised to learn that they could not withdraw any cash at the bank’s machines and posted their expe...

Clarien Bank Ltd’s net profit more than doubled last year to $1.2 million as new lending grew strongly and operating expenses fell. However, non-performing and impaired loans made up 15 per cent of the bank’s loan portfolio — up from 14 per cent in 2...

New 100 per cent mortgages worth a total of $25 million for Bermuda Housing Corporation tenants are set to be available in a partnership between Clarien Bank and the Bermuda Housing Corporation. The deal means that existing BHC tenants or clients wil...

Clarien Bank has been named Best Wealth Management Provider in Bermuda by World Finance magazine. The bank was one of 40 financial institutions to be honoured. “We are very honoured to receive this prestigious award and recognition of the unique se...

Clarien Bank Limited is to increase its Bermuda dollar personal base lending rate by 25 basis points, from 3.75 per cent to 4 per cent, next Monday. The bank’s commercial base lending rate will also increase by a similar percentage to 4.25 per cent. ...

Clarien Bank is to close on Saturday as tropical depression Karl passes Bermuda. A spokesman for the bank said that, although there will be no access to branches, customers will be able to use the ATM area of the Reid Street, Hamilton, branch. Custom...

Clarien Bank yesterday apologised to customers after their accounts were frozen. Clients of the bank who had not updated their personal information were left without access to their cash after the bank blocked customer accounts. A spokeswoman for the...

A furious customer yesterday blasted Clarien Bank for blocking access to his account. And the client said the bank had hit him with late payment fees for his mortgage after it refused to process transactions on his account. The man, who asked not to ...