About Us

Clarien Holiday GiveBack Campaign Raises Record $18,000 for Meals on Wheels
Clarien Bank is pleased to announce that its annual Holiday GiveBack Campaign raised a record total of more than $18,000 for Meals on Wheels. Michael DeCouto, Chief Digital and Marketing Officer of Clarien Bank, today presented a cheque for $18,724 to Meals on Wheels Programme Executive Allison Faiella. Since...
01-31-2019
Read More
Clarien CEO Ian Truran Appointed to the Clarien Bank Board of Directors
Clarien Bank announced today the appointment of CEO Ian Truran to the Clarien Bank Board of Directors, effective January 1, 2019. Patrick Hylton, Chairman of the Board, commented: “With more than 25 years in the banking industry and exemplary leadership as CEO of Clarien Bank, I welcome Ian Truran...
01-08-2019
Read More
Clarien Bank announces 126% increase in net profits
Clarien Bank Limited (“Clarien”), a wholly-owned subsidiary of Clarien Group Limited (“CGL”) today announced a net profit for 9 months ended September 30, 2018 of $7.3 million – a 126% increase over the previous 12 months. The continuing improvement in the Bank’s financial performance was driven by Clarien’s strategic...
01-07-2019
Read More
Clarien employees lend helping hand at BAMZ
Clarien Bank employees invested a morning’s hard work last Friday at the Bermuda Aquarium, Museum & Zoo (BAMZ) in Flatts for the Bank’s annual Clarien Cares Volunteer Day. Inclement weather meant staff were not able to help with the Trunk Island Restoration Project in Harrington Sound as planned but...
11-26-2018
Read More
Clarien Bank launches 2018 Holiday GiveBack Campaign
Since 2010 Clarien Bank’s Holiday GiveBack campaign has raised more than $100,000 for Meals on Wheels. Clarien is pleased to announce that the tradition will continue this year with its 12th Holiday GiveBack, which will again benefit Meals on Wheels. Between November 22 and December 31, 2018 the Clarien...
11-21-2018
Read More
Clarien Foundation donates $85,000 to Bermuda charities
Clarien Bank has donated a total of $85,000 to five Bermuda charities as part of the Bank’s annual giving programme. The donations were made through The Clarien Foundation, the Bank’s charitable trust, and follow donations of $91,000 made to nine charities in March, 2018. Ian Truran, Chief Executive Officer...
10-05-2018
Read More
Clarien Bank donates $5,000 to Flora Duffy Fund
Clarien Bank Limited (“Clarien”, “the Bank”) is pleased to announce that it has made a $5,000 donation to The Flora Fund (“the Fund”) established by Bermuda’s world champion triathlete Flora Duffy to help aspiring and talented local athletes reach their goals. The donation was presented by Michael DeCouto, Clarien’s...
06-25-2018
Read More
Clarien Bank announces increase in net profit, strong growth in new loans
Clarien Bank Limited (“Clarien Bank”), a wholly-owned subsidiary of Clarien Group Limited (“CGL”) today announced a net profit for the year ended December 31, 2017 of $3.9m – a 220% increase over the previous 12 months. During 2017, Clarien continued to make significant investments in expanding its product portfolio,...
06-20-2018
Read More
Clarien Bank World Triathlon Bermuda VIP Lounge and Expo Tent
Clarien is the official sponsor of the World Triathlon Bermuda VIP Lounge. Stop by our expo tent, cheer on Flora and sign up for the Iron Kids Triathlon! The Clarien Bank World Triathlon Expo tent is located in #5 Car Park on April 26, 27 and 28. Sign up...
04-18-2018
Read More
Clarien holds base lending rate, increases deposit and savings rates
Clarien Bank Limited will not adjust its BMD$ 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. Ian Truran, CEO, Clarien Bank Limited...
04-13-2018
Read More
Clarien Bank donates $91,000 to Bermuda charities
Clarien Bank today 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. Michael DeCouto, Clarien Bank’s Chief Digital and Marketing Officer, made presentations to the following charities: Bermuda Equestrian Federation $ 2,500.00...
03-21-2018
Read More
USD Premium Demand Account
Please be advised that the FedFunds Account product is now the USD Premium Demand Account, with immediate effect. The USD Premium Demand Account is an interest bearing account that is ideal for individuals or businesses that hold large U.S. Dollar balances. This financial product is designed to offer both...
02-13-2018
Read More
Michael 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 is a resident of Burlington, Ontario, was one of 23 new members named...
01-30-2018
Read More
Holiday GiveBack raises record $17,000 for Meals on Wheels
Clarien Bank is pleased to announce that its annual Holiday GiveBack Campaign raised a record total of more than $17,000 for Meals on Wheels. Michael DeCouto, Chief Marketing Officer of Clarien Bank, today presented a cheque for $17,033 to Jason Powell, a member of the Board of Directors of...
01-24-2018
Read More
Clarien Announces Increase in Deposit/Savings Rates
Effective January 15, 2018, Clarien Bank Limited will be increasing its term deposit rates and adjusting its BMD$ 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...
01-15-2018
Read More
Clarien staff serve up help for 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...
12-18-2017
Read More
Clarien Announces Increase in Deposit/Savings Rates
Clarien Bank announced today 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...
12-13-2017
Read More
NCB Financial Group Limited (‘NCBFG’) announces launch of take-over bid to acquire majority stake in Guardian Holdings Limited (‘GHL’)
NCBFG today announced that it launched through its wholly-owned subsidiary, NCB Global Holdings Limited (‘NCB Global Holdings’), an offer and take-over bid (the ‘Offer’) to all shareholders of GHL, a publicly-traded company incorporated in Trinidad and Tobago, to acquire up to 74,230,750 ordinary shares in GHL (the ‘GHL Shares’)...
12-08-2017
Read More
Clarien Group announces partnership with NCB Financial Group Ltd. and Portland Private Equity
Clarien Group Limited (“CGL”), owner of Clarien Bank Limited (“Clarien”, “the Bank”), announced today that terms have been agreed with NCB Financial Group Ltd. (“NCB”) whereby NCB will become the majority shareholder of CGL and controlling shareholder of the Bank. The transaction has received approval of the Bank of...
12-01-2017
Read More

Enhanced Strength.
Deeper value.
Higher performance.

Great things happen when dynamic partners come together. Recently, Clarien Group Limited (CGL) announced the partnership between Edmund Gibbons Limited (EGL) and Portland Private Equity Limited (PPE) with new majority shareholder NCB Financial Group Ltd. (NCBFG).

In this arrangement, Clarien Bank Limited and its subsidiaries (Clarien) is proud to join NCBFG and PPE as part of Portland Holdings, a multi-billion dollar international conglomerate with a diversified business portfolio and a strong presence in the North American and Caribbean financial services sectors.

Operating under the Chairmanship of visionary entrepreneur Michael Lee-Chin, Portland Holdings is well positioned to become a global leader in financial services and wealth management.

Clarien’s affiliation with Portland Holdings strengthens our position as one of the largest privately held financial institutions in Bermuda. It will enable us to offer a wider range of products to our customers and expand our offerings locally, regionally and globally.

The Clarien brand is unchanged and we remain committed to Bermuda, our employees and our clients. Our partners share our client-focused philosophy and a dedication to providing high quality services and a superior customer experience.


Portland Holdings

The Portland group companies and associates manage assets in excess of USD 13 billion (including assets under management and administration)

Clarien Bank Limited

• One of Bermuda’s largest independent integrated financial services organisations
• Personal and commercial banking, private banking, wealth and asset management services
• USD 1.24 billion in total assets as at March 31, 2018
• USD 1.1 billion in investable assets (Clarien Investments Limited) as at March 31, 2018
.
NCB Financial Group

• Private Equity fund management company focused on the Caribbean
• Focused investments in high quality, scalable businesses as well as infrastructure and essential asset sectors
• AIC Caribbean Fund, a USD 225 million institutionally supported investment vehicle, and Portland Caribbean Fund II, a USD 200 million private equity fund

.

Portland Private Equity

• Private Equity fund management company focused on the Caribbean
• Focused investments in high quality, scalable businesses as well as infrastructure and essential asset sectors
• AIC Caribbean Fund, a USD 225 million institutionally supported investment vehicle, and Portland Caribbean Fund II, a USD 200 million private equity fund

.

 Portland Investment Counsel
• Investment advisory and portfolio management services and products
• Differentiated offerings through alternative and private investment opportunities
• CAD 410 million (USD 315 million) in assets under management as at May 31, 2018

...
  Mandeville Private Client
• Portland’s asset distribution segment with over CAD 1.86 billion (USD 1.43 billion) in assets under administration as at May 31, 2018
• Network of over 40 advisors across Canada
• Unique access to high quality private offerings available only to successful institutions and affluent investors

...
Guardian Group

• Services in life, health, casualty insurance, pensions and asset management
• Leading fnancial institution in the Caribbean with presence in 21 countries
• TTD 27.8 billion (USD 4.13 billion) in assets as at March 31, 2018

.

  • .

NCB Profile

With roots dating as far back as 1837, National Commercial Bank Jamaica Limited (NCB) has a pioneering legacy that has been sustained as the organisation has evolved and transformed.

Today, NCB stands as the largest financial group in Jamaica, focused on maintaining a profitable organization, which provides highly competitive and innovative products and service offerings for our customers. Its aim is to maintain a solid governance structure and robust compliance framework, while utilizing flexible business models and efficient operational processes and systems.

 

Learn More About NCB

In pursuit of the organisation’s vision of Building a World Class Digital Experience, Accelerating Regional expansion and Reinventing its Core Business, NCB has been driving productivity of its core business while exploring inorganic growth opportunities, as a fundamental part of its growth strategy.The complete financial service offerings of the NCB Group of Companies are accessible through our diversified portfolio of companies, namely:

National Commercial Bank Jamaica Limited: provides an array of products & services to meet the banking needs of customers; deposit accounts, unsecured and secured loans, credit cards, overdraft lines, foreign exchange, personal and private banking services are part of the offerings.NCB Capital Markets Limited: is the wealth and asset management arm of the NCB Group, offering investment and brokerage solutions for individual and corporate clients and investment banking solutions to our corporate clients.

Through NCB Capital Markets (Cayman) Limited*, similar services are extended to the Cayman Islands.NCB Insurance Company Limited: offers solutions to meet the insurance, long-term investment, and pension needs of individuals and group clients. NCB (Cayman) Limited: is the offshore banking subsidiary of the NCB Group and provides banking and trust services.

Advantage General Insurance Company Limited: is wholly owned by NCB Capital Markets Limited and is the island’s largest general insurance company providing reliable and efficient general insurance services.

NCB Global Finance Limited: provides merchant banking services including deposits, origination of loans and leases and provision of foreign exchange and trustee services. N.C.B. Foundation: was formalized to fulfill the bank’s philanthropic commitment as a leading socially responsible corporate citizen, actively building the communities in which it serves. Since inception in 2003, the Foundation has channeled over $1 Billion dollars to support development projects across Jamaica in the areas of:

  • – Education
  • – Youth Leadership and Entrepreneurship
  • – Community Development & Sports

Learn More About Edmund Gibbons Limited

  Edmund Gibbons Limited is a family-owned entity comprised of several independently owned businesses including Gibbons Company, Colonial Insurance, Bermuda Motors and Burrows Lightbourn, and is a minority owner of Clarien Bank Limited.

Learn More About Portland Private Equity

 Portland Private Equity (PPE) is a private equity and venture capital firm focused on the Caribbean region. The company is incorporated under the laws of Barbados and is the Investment Advisor to AIC Caribbean Fund and Portland Caribbean Fund II. Additional information is available at: https://portlandpe.com/.

Swift and sure in every sea.

Client focus. Integrity. Teamwork. At Clarien Bank, we consider these principles essential as we deliver world-class financial services to individuals, families, corporations and institutions.

Clarien has more than eight decades of banking history in Bermuda — one of the world’s most dynamic and sophisticated financial, investment and insurance centres. We strive to be the trusted advisor of choice, committed to diversify and grow in the service of clients who demand leading fiduciary management expertise, a broad range of world-class products and services, and a secure global banking platform.

Building on a rich history.

Clarien claims deep roots in Bermuda. Our family ties stretch back to the first decade of island colonisation in the seventeenth century. During the past one hundred years, our founding family distinguished itself in business and public service while growing the bank as part of an evolving multinational enterprise.

Today, Clarien is one of Bermuda’s largest independent integrated financial services organisations, proud of more than 80 years of respected banking service to Bermudian and international clients. Hailing from the most senior executive levels in the world’s leading financial institutions, our influential leadership team features deep international experience in asset management, wealth management, and investment banking.

Our shareholders Edmund Gibbons Limited, NCB Financial Group Limited (NCBFG) and Portland Private Equity Limited (PPE), are committed to offering the highest quality products and services to meet the needs of our discerning clients.

NCBFG is the largest and most profitable financial services institution in Jamaica with roots dating back to 1837. Through its banking, wealth management, life and general insurance, and offshore banking subsidiaries, NCBFG provides a wide array of financial products and services to meet the needs of individual and business clients in Jamaica, Cayman Islands, Barbados and Trinidad & Tobago.

PPE is focused on investments in the Caribbean, Central America and Andes regions. PPE’s core investment sectors are financial services, energy and telecommunications. It has been responsible for building regional billion dollar platform companies in these sectors, including NCBFG.

Experience a bank of a higher calibre.

Whatever your goals, we invite you to experience the benefits of a world-class offshore financial institution. Contact us. We’re ready to put a tradition of trust and performance to work for you.

Clarien is a Bermuda-based company fully invested in the community. We offer financial and in-kind support for charities and their fundraising events, helping to improve the lives of Bermudians and ultimately strengthening our community.


The Clarien Foundation

The Clarien Foundation is a charitable trust that oversees and executes all charitable endeavours and donations made by Clarien Bank.  The Foundation is committed to making annual donations to Bermudian charities with the aim of making substantial improvements across youth development, education, health and human services. The Foundation includes charitable donations, support for special fundraising events and an internal employee volunteer sub-programme.

Not-for-profit organisations requesting financial support should generally meet the following criteria:

  • – Be registered with Bermuda Charity status
  • – Have a responsible board of directors serving without compensation
  • – Show financial stability as evidenced by annual financial statements
  • – Operate from a detailed annual budget

Programme Application and Requirements

  • Please note: Submissions for 2019 are now closed. The Clarien Foundation is accepting applications for 2020 between September 1st – October 31st 2019.

Corporate Donation and Sponsorship Application Form

Charitable Donations and Sponsorship Programme Requirements

For additional information, please contact us:

Clarien Bank Limited
Marketing Department
19 Reid Street
Hamilton HM 11
Tel: 441 294 5019


Supported by Clarien Bank

Charity/Organization Donation
Bermuda Equestrian Federation $2,500.00
Bermuda Cancer & Health $10,000.00
BSMART Foundation $10,000.00
Crime Stoppers $5,000.00
Eliza DoLittle Society $5,000.00
Knowledge Quest $20,000.00
The Family Centre $30,000.00
WindReach Bermuda $6,000.00
Young Men’s Social Club $2,500.00
Tomorrow Voices $10,000.00
WindReach $6,000.00
The Reading Clinic $50,000.00
PALS $10,000.00
The Red Cross $27,000.00

At Clarien, we are committed to improving the sustainability of our organisation and the communities we serve.  Improving the environment and social good cases is important in all our dealings with our clients, neighbors, partners and employees.


Making A Difference

We understand Clarien’s powerful role in helping Bermuda and our clients navigate the transition to a lower carbon-based and more sustainable economy. The Bank is well placed to connect the providers of capital with users, helping to address the key challenge of accessing finance to achieve sustainable goals.

We are committed to creating access for environmental finance solutions such as lending for: clean energy, water, transport, low carbon technologies and social infrastructure. We will also continue to develop and support our charities which aim to improve the environment and the Bermudian community.

Clarien incorporates environmental and social risk (E&S) considerations into our financial activities and help our staff to continually identify and communicate these risks.

Understanding clients E&S performance is an important element of how we assess and manage risk. The consequences of failing to appropriately manage E&S issues can directly impact our client’s activities, our neighboring communities, the environment, our repetition and the long term economic viability of Bermuda.


Clarien Operations

Clarien’s commitment to improving the environment starts at our workplace and our approach to more sustainable operations. We understand the impact our operations have on the environment, and we are taking measurable action to reduce these impacts through our own efficiency, with new technologies and by influencing our supply chain.

In addition, our employees have a key role to play in reducing our environmental impact, and we are empowering them to make a difference through active community programmes such as Earth Day community events, post-storm sapling donations and our recent community LED light bulb exchange.


Clarien Governance, Policies and Procedures

Our investment approach reinforces the concept that long-term value creation and sustainability are inextricably linked. Environmental, social, and governance (ESG) best practices are part of Clarien’s daily workflow and are captured in our Environmental Social Risk Policy.

As part of our general assessment, environmental and social impacts and risks are reviewed for each investment. Our review process is based on international environmental and social standards, such as the Sustainability Standards of the International Finance Corporation. If we detect gaps between those standards and the performance of an investment, we develop adequate corrective measures, which we detail in an Environmental and Social Action Plan (ESAP). The ESAP provides details on the gaps, the necessary actions, the responsible parties and a timeline for the implementation of each action. We work closely with our clients as a respectful and supporting business partner.


Resources

Review our Environmental Social Risk Policy

Watch video The Hon. Walter H. Roban, JP, MP