Find Banking and Financial Services expertise in Bahamas, The


In terms of development, size and market share, The Bahamas is generally regarded as one of the world’s leading centres for offshore banking. There are between 300 to 400 registered offshore banks and trusts on the islands. A typical offshore bank provides services such as an offshore bank account that has the added investment benefits of low or no taxation, relaxed regulation and, at times, better protection. The Bahamian economy has been increasingly diversifying into financial services, most prominently banking, trusts, mutual funds and insurance. The financial services sector plays a crucial role in supporting and developing the economy. This occurs both directly through employment opportunities, and indirectly by procuring from and providing vital services to other key sectors of the economy. Additionally, the financial services sector accounts for a significant proportion of GDP, 36 per cent in 2011. The domestic financial system, which is dwarfed by the offshore sector, is dominated by banks, mostly subsidiaries and branches of United States and Canadian entities. Between locally and foreign-owned banks the sector comprises nine institutions. Domestic banks provide typical commercial banking services such as personal banking and corporate banking. Domestic banks also engage in significant levels of offshore activity. In the wake of the global financial crisis the banking sector has undergone consolidations and decreased service fees (2011).

Banking and Financial Services organisations in Bahamas, The
Ansbacher Limited
Arner Bank & Trust Limited
ATC Trustees Limited
BAC Bank Limited
Banca del Gottardo
Banca del Sempione Limited
Banco Votorantim S.A. Nassau Branch
Bank of Nova Scotia International Limited
Bank of the Bahamas International
Banque Privée Edmond de Rothschild Limited
Banque SCS Alliance Limited
BIE Bank & Trust Bahamas Limited
Blu Bank Limited
BNP Paribas Limited
BSI Overseas Limited
Butterfield Bank
Central Bank of the Bahamas, The
CIBC Trust Company Limited
Cititrust Limited
Clariden Leu Limited
Colina Insurance Company Limited
Commonwealth Bank Limited
Corner Bank Limited
Credit Agricole SA
Credit Suisse Limited
Cuscatian International Bank & Trust Limited
Dartley Bank & Trust Limited
Deltec Bank & Trust Limited
EFG Bank & Trust Limited
Elco Bank & Trust Company Limited
Experta Trust Company Limited
Fidelity Merchant Bank & Trust Limited
Finter Bank & Trust Limited
First Caribbean International Bank
Gonet Bank & Trust Limited
Guaranty Trust Bank Limited
J.P. Morgan Trust Company Limited
Julius Baer Bank & Trust Limited
Lombard Odier Darier Hentsch Private Bank & Trust Limited
Metropolitan Bank Limited
MMG Bahamas Limited
National Bank of Canada Limited
Pasche Bank & Trust Limited
Pictet Bank & Trust Limited
Private Investment Bank Limited
Royal Bank Financial Group
Royal Bank of Canada
Santander Central Hispano Bank & Trust Limited
Scotiabank Limited
Sentinel Bank & Trust Limited
SG Hambros Bank & Trust Limited
State Bank of India
SYZ & Company Bank & Trust Limited
The Hong Kong & Shangai Banking Corporation Limited
The Kattegat Trust Company Limited
The Private Trust Corporation Limited
The St James Bank & Trust Company Limited
The Winterbotham Trust Company Limited
Transamerica Bank & Trust Company Limited
UBS Limited
Union Bancaire Privee