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Clarien Holds Base Lending, Increases Deposit

Clarien Holds Base Lending, Increases Deposit

Clarien Bank Limited will not adjust its BMD$ base lending rate following the US Federal Reserve rate increase of 0.25% announced today, however, the Bank announced that it will increase its BMD and USD Board Rates for term deposits, effective today, March 21. Clarien Bank CEO Ian Truran said: “We increased our base lending rate by 0.25% in January... Read more of this article

Clarien Donates $91,000 To Bermuda Charities

Clarien Donates $91,000 To Bermuda Charities

Clarien Bank has donated $91,000 to nine Bermuda charities as part of the Bank’s annual giving programme. The donations were made through The Clarien Foundation, the Bank’s charitable trust. Pictured left to right: Troy Lewis [Young Men’s Social Club]; Martha Dismont [The Family Centre]; Jennifer Mahoney [Eliza DoLittle Society]; Allison Figureido... Read more of this article

Lee-Chin Receives Order Of Ontario Honour

Lee-Chin Receives Order Of Ontario Honour

Michael Lee-Chin, chairman of private equity fund Portland Holdings, a major shareholder of The Clarien Group, has been made a member of the Order of Ontario, the highest honour in the Canadian province. Mr. Lee-Chin, who was born in Jamaica and is a resident of Burlington, Ontario, was one of 23 new members named this week by The Honourable Elizabeth... Read more of this article

Holiday GiveBack Campaign Raises $17,000

Holiday GiveBack Campaign Raises $17,000

Clarien Bank‘s annual Holiday GiveBack Campaign raised more than $17,000 for Meals on Wheels, marking the largest amount ever raised during their GiveBack campaign. Michael DeCouto, Chief Marketing Officer of Clarien Bank, today presented a cheque for $17,033 to Jason Powell, a member of the Board of Directors of Meals on Wheels. Since 2010,... Read more of this article

Clarien Bank Increase Deposit & Savings Rates

Clarien Bank Increase Deposit & Savings Rates

Effective January 15, 2018, Clarien Bank Limited will be increasing its term deposit rates and adjusting its BMD$ base lending rate following the US Federal Reserve rate increase announced on December 13, 2017. Promotional Deposit Products “Clarien is introducing a series of attractive promotional deposit products to provide its client base and... Read more of this article

Clarien Volunteers Help At ‘Meals On Wheels’

Clarien Volunteers Help At ‘Meals On Wheels’

Clarien Bank volunteers last week joined the Meals on Wheels staff in preparing lunch for the community and raising awareness of the 11th annual Clarien Holiday GiveBack programme. Holiday GiveBack is a donation initiative which encourages Clarien employees, customers and the entire community to collaboratively provide assistance to Meals on Wheels... Read more of this article

Clarien Announces Increase In Deposit Rates

Clarien Announces Increase In Deposit Rates

Clarien Bank announced today [Dec 13] that it will be increasing its deposit/savings rates and adjusting its BMD$ base lending rate accordingly, having anticipated the US Federal Reserve rate change. Further details and an effective date will be declared in January 2018. In addition to increasing published board rates, the Bank will also be introducing... Read more of this article

Win A Fashion Experience With Shiona Turini

Win A Fashion Experience With Shiona Turini

Clarien Bank is giving the public the chance to win an exclusive New York Fashion Week getaway with fashion expert Shiona Turini, with the prize including airfare, ground transportation, and three nights accommodation, along with a personal shopping tour and styling by Ms. Turini. The promotion’s flyer says, “Clarien Bank gives you the chance... Read more of this article

NCB To Become Majority Shareholder Of Clarien

NCB To Become Majority Shareholder Of Clarien

Clarien Group Limited [CGL] has confirmed that NCB Financial Group — Jamaican billionaire Michael Lee-Chin’s company — will “become the majority shareholder of CGL and controlling shareholder of the Bank.” Under the agreement,  Edmund Gibbons Limited will retain 31.98%, NCB will subscribe for a 50.1% majority of CGL shares,... Read more of this article

Clarien Launches Holiday Giveback Campaign

Clarien Launches Holiday Giveback Campaign

For more than a decade Clarien Bank’s Holiday GiveBack campaign has celebrated the spirit of the holiday season by supporting Meals on Wheels, and Clarien said they are pleased the tradition of giving continues with the launch of its 11th Holiday GiveBack. Clarien encourages the whole community to “keep the wheels moving” by making a donation... Read more of this article

Clarien Donates $5,000 To Sloop Foundation

Clarien Donates $5,000 To Sloop Foundation

Clarien Bank today [Nov 20] presented the Bermuda Sloop Foundation with a donation of $5,000. The donation was made through The Clarien Foundation, the Bank’s charitable trust. Michael DeCouto, Chief Marketing Officer of Clarien Bank said: “Clarien Bank has been a proud and committed supporter of the Bermuda Sloop Foundation for several years and... Read more of this article

Clarien Bank Hurricane Drive Raises Over $25K

Clarien Bank Hurricane Drive Raises Over $25K

Clarien Bank today [Oct 25] announced that over $25,000 has been raised by the organization to support hurricane recovery. Hurricanes Irma and Maria left destructive paths of devastation throughout the Caribbean, and the Clarien Bank hurricane donation drive was established to support Red Cross relief efforts in the region. Clarien Bank Chief Marketing... Read more of this article

Clarien Donates $50,000 To Reading Clinic

Clarien Donates $50,000 To Reading Clinic

Clarien Bank is continuing to support The Reading Clinic, making a $50,000 donation through The Clarien Foundation to the organisation’s I-PLAY pre-school programme. I-PLAY [Interactive Phonological Literacy Activities for Youngsters], which presently operates in four Government preschools – Southampton, St. Paul, Lyceum and Victor Scott –... Read more of this article