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13 July 2007
Butterfield Bank named Best Bank in Bermuda for a second year running by Euromoney

Butterfield Bank has been named the Best Bank in Bermuda for a second straight year by Euromoney, one of the world’s leading financial publications.

 

Alan Thompson, Butterfield Bank’s President & Chief Executive Officer said yesterday that the first time Butterfield Bank won this prestigious award was in 2006 – the inaugural year this honour was available in Bermuda.

 

“We are very pleased that Euromoney has once again recognised Butterfield Bank as the Best Bank in Bermuda,” Mr. Thompson said. “Everyone who works at Butterfield Bank can feel proud of this Award as we have all worked hard to continuously improve our services, products and performance.”

 

Clive Horwood, Editor of Euromoney told Butterfield Bank: “Please accept my congratulations to you and all of your colleagues on an excellent 12 months for your firm. Competition is extremely tough for these Awards and therefore winners richly deserve the accolade.”

 

Euromoney Awards for Excellence are crucial benchmarks in the global banking industry. Winners are chosen by a panel of Euromoney editors, with assistance from their correspondents in each region. The Awards highlight superior products and services across all areas of commercial and investment banking, regionally and globally.

 

While the Awards have been in existence for 15 years, they were awarded regionally until 2006, when Euromoney recognised the Best Bank in each of the major countries in the Caribbean. Since 2006, Bermuda has been placed in the Caribbean’s regional catchment area.

 

Published in the U.K., Euromoney is an influential publication in capital markets around the world with an average of 145,000 readers globally. The magazine reports its highest readership in the U.K. and Europe, the Americas, Asia and the Middle East.

 

Euromoney was created in 1969 to cover the re-emergence of international, cross-border, capital markets. The Euromarket – after which the magazine is named – grew exponentially as national capital restrictions were liberalised throughout the 1970s and 1980s, creating today’s mainstream global capital markets.

 

Euromoney magazine reported on and championed this market and its growth and in the process became the prime magazine of the wholesale financial world, its institutions and its users.

 

Note to Editors:

Butterfield Bank is Bermuda’s first and largest independent bank, and a specialist provider of offshore financial services. The Butterfield Bank Group offers a full range of community banking services in Bermuda, Barbados and the Cayman Islands, encompassing retail and corporate banking and treasury activities. In the wealth management area, the Group provides private banking, asset management and personal trust services from its headquarters in Bermuda and subsidiary offices in The Bahamas, the Cayman Islands, Guernsey, Switzerland and the United Kingdom. The Group provides services to corporate and institutional clients from offices in Bermuda, The Bahamas, Canada, the Cayman Islands and Guernsey, which include investment and pension fund administration, asset management and corporate trust services. Butterfield Bank is a publicly traded corporation with shares listed on the Bermuda and Cayman Islands stock exchanges. Further details on Butterfield Bank can be obtained from our website at: www.butterfieldbank.com.

 

Media Relations Contacts:

Mark Johnson

Assistant Vice President

Marketing & Communications

The Bank of N.T. Butterfield & Son Limited

Phone: (441) 299-1624

Fax: 441) 295-3878

E-mail: markjohnson@bntb.bm

 

Stuart Roberts

Senior Communications Specialist

Marketing & Communications

The Bank of N.T. Butterfield & Son Limited

Phone: (441) 298-4610

Fax: (441) 295-3878

E-mail: stuartroberts@bntb.bm

 

 

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