Clarien Bank News

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 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 […]

24Jan 2018

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 Meals on Wheels. Since 2010, the […]

15Jan 2018

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 the overall community […]

18Dec 2017

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 during the season of […]

13Dec 2017

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 will also be introducing a series […]