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International Investor Magazine Summer 2020

Page 71

LOCAL INNOVATION, GLOBAL RECOGNITION When the bulls are running, success stories are everywhere. However, in complex and volatile times, the innovative alone lead the charge. Cornèr Bank (Overseas) Ltd, ever a pacesetter, pioneer, and catalyst for positive change in The Bahamas, has just been awarded the Best Private Banking Services - The Bahamas 2020 title. It’s in recognition of Cornèr Bank’s reputation as a beacon of banking excellence and innovation, developing services and educational materials that give Bahamas-based investors local access to the full gamut of global investment opportunities, opening the door to a new financial era in the islands. Cornèr Bank’s proven track record of bringing new and awardwinning offerings to the Bahamian financial sector, as well as educational services designed to inform new clients about these products’ use, have made the bank the clear choice.

THE BUILDER’S CORNERSTONE Every successful pioneering expedition launches f rom a wellstocked base camp - and Cornèr Bank’s Bahamian affiliate is no different. Founded in 1952 in Lugano, Switzerland’s third-largest banking centre, the Cornèr Bank Group focused on building a strong financial foundation to keep the ship sailing smoothly, even in rough seas. Today it boasts an exceptional Tier 1 capital ratio of 24.4% - three times higher than the minimum regulatory requirements - and has been listed first in financial soundness on The Banker’s Top 1000 World Banks list for four consecutive years. From this excellent footing, Cornèr Bank Group has consistently extended its range of services and areas of operation to match increasingly global demand for sophisticated and seamless banking solutions. Its extensive list of financial services is offered f rom Switzerland, London, Milan, Vaduz, and of course, through Cornèr Bank (Overseas) Limited, Nassau, the capital city of The Bahamas. From its parent company’s deeply-rooted foundation, Cornèr Bank Bahamas has been successfully providing financial solutions in the islands since 1996.

I N T ER N AT I ON AL I NVESTOR MAGAZ INE | 07 1


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