Capital G Celebrates 10th Anniversary

October 3, 2011

Capital G Bank is celebrating its 10-year anniversary, and have donated fifty $500 food vouchers to families in need to give back to the community

In celebration of this milestone, Capital G will host in-bank festivities from 12 to 2pm tomorrow [Oct.4]. The celebration includes refreshments, entertainment, and more.

CEO Ian Truran said: “In celebration of our 10-year anniversary, Capital G, in partnership with Lindos and the Family Centre have donated fifty $500 food vouchers to families in need. We couldn’t think of a better way to celebrate than to ‘give back’ to our community and those who need it most at this time.”

Pictured are: Giorgio Zanol, Lindo’s Family Foods; Martha Dismont, Executive Director, The Family Centre and Ian Truran, President & CEO, Capital G Bank Limited and Capital G Trust Limited:

Capital G Give Back - Giorgio Martha Ian

Mr. Truran continued: “I have had the opportunity to be with the Bank since it was licensed on October 4, 2001. Our evolution and growth over that period has been tremendous with the expansion into full banking services including retail, commercial and private banking as well as wealth management services including investments and trusts.”

“Our growth has not only been organic by attracting new customers to the Bank, but also through the strategic amalgamation with KAST and First Bermuda Group and the most recent acquisition of Orion.”

The Gibbons family arrived in Bermuda in the 1620’s, however Capital G’s family began in the 1910s with patriarch Edmund Gibbons establishing the family’s flagship enterprise. Sir David Gibbons pioneered the development and expansion of the core business and oversaw its evolution into a multi-national enterprise.

Capital G Bank was created out of the Gibbons Company retail store which offered Depositors Accounts beginning in January 1975, and was granted its banking license on October 4, 2001.

As a full service bank Capital G now holds more than $1B in deposits, nearly $1B in assets under management, services 20,000 plus clients and employs a workforce of 220 people.

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