At CIBC FirstCaribbean International Bank, every day, we aim to be the region's first choice for financial services by putting our clients at the centre of everything we do. Our knowledge of banking has been gained through a combined experience of almost 250 years in the Caribbean through our heritage organisations, Barclays PLC and CIBC. Both have the distinction of being the oldest banks in the Caribbean. They were a part of the region's development since the days of salt cod and rum. Many changes have been made since then. Tourism is the new export, and West Indian businesses are now taking on the world. FirstCaribbean will be there to make that goal possible.
FirstCaribbean was formed in 2002 with the merger of CIBC West Indies Holdings and Barclays Bank PLC Caribbean operations. In December 2006, CIBC acquired Barclays' stake and became the majority shareholder in FirstCaribbean. Fiver years later, on June 20, 2011, we proudly announced our co-branding under the CIBC banner, adopting the branding CIBC FirstCaribbean.
The addition of CIBC to the FirstCaribbean brand emphasises CIBC's long-term commitment to the Caribbean region, our employees, and clients. Our clients and employees across the region continue to benefit from the long-term investment that CIBC is making in the Caribbean, a history that goes as far back as our first branches' opening in 1920.
Today, CIBC FirstCaribbean continues to operate as a Caribbean-managed business within the CIBC group of companies and trades as FirstCaribbean International Bank Limited on the stock exchanges of Barbados and Trinidad.
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