News

Clarien Bank News

25Jun 2018

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 Chief Digital & Marketing Officer, to […]

22Jun 2018

Ready, set, RACE! The 30th Annual Clarien Iron Kids Triathlon is tomorrow at Clearwater Beach in St. David’s. Kids ages 3 – 15 have the opportunity to swim, bike and run for a chance to win a $3,000 Iron Kids account. Kids competing in the 11-15 category can compete to win up to $1,000 in […]

19Jun 2018

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, enhancing operational efficiencies and maintaining disciplined […]

13Jun 2018

Effective June 14, 2018, Clarien will be adjusting its BMD$ base lending rate by 25 basis points (0.25%) following the US Federal Reserve rate increase. The Bermuda Dollar Base rate for personal mortgages will increase from 4.25% to 4.50% and 4.50% to 4.75% for commercial mortgages. Increases in rates are as outlined in the client […]

25Apr 2018

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 for the Clarien Iron Kids Triathlon […]

21Mar 2018

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 said: “We increased our base lending […]

21Mar 2018

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 Bermuda Cancer & Health $10,000.00 BSMART […]

02Mar 2018

Clarien Bank Limited will be closed Saturday, March 3 due to anticipated inclement weather. Customers are encouraged to complete online transactions via Clarien iBank at www.clarienibank.com. Normal business operations are expected to resume on Monday, March 5. The safety of our clients and employees is of utmost importance, and all are encouraged to use caution […]

13Feb 2018

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 flexibility and a competitive rate of […]

31Jan 2018

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 this week by The Honourable Elizabeth […]