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News : International : Caribbean News Last Updated: Feb 13, 2017 - 1:45:37 AM


CIBC FirstCaribbean’s Bay Street branch named Branch of the Year
By Serena Williams
Dec 15, 2016 - 2:02:03 PM

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CIBC FirstCaribbean CEO Gary Brown presenting Gezel Farrington, Director of Retail Banking Channels, Lorrianne Johnson, Bay Street Branch Manager and Managing Director Mark St. Hill, with the award for branch of the year at the bank’s Head Office in Barbados.

Nassau, Bahamas - CIBC FirstCaribbean International Bank’s Bay Street branch in The Bahamas was named branch of the year for the 2015/2016 fiscal year in the bank’s third annual competition. This is the first time that a Bahamian branch was recognized as the top sales performance branch in the region.

“We’re closing the curtain on a phenomenal year where credit growth was and continues to be the main focus,” said Mark St. Hill, Managing Director, Retail and Business Banking.

“We challenged our team to push themselves beyond the norm and they did not disappoint.

Tremendous strides were achieved and everyone contributed in delivering some very strong sales results.”

District Manager Inger Johnson noted that the Bay Street branch has been the most successful branch throughout the year ranking first place with 251% in sales performance across the region. The Bay Street branch scored the highest in sales performance surpassing branches in 17 territories.

“It’s based primarily on loan sales, visa cards and insurances as well as visa debit, transaction account and more, but obviously the sales play the biggest part in the scoring system,” Johnson said.

CIBC FirstCaribbean’s Harbour Bay branch placed second with 199% in sales performance followed by the Marsh Harbour branch, which placed third with 188%.

Johnson said the three branches are winners adding that this achievement has motivated the entire district to continue to work hard throughout the year but it is also a tool for employees to be recognized and awarded for their efforts.

The Bank is now focused on maintaining the winning title by working efficiently to serve and enrich its clients while focusing on profitable growth and strong sales results.

CIBC FirstCaribbean International Bank also recently captured the prestigious 2016 Bank of the Year Country Award in The Banker Magazine’s 17th Annual Bracken Awards Programme. This is the bank’s fifth time winning the title for The Bahamas having been awarded in 2008, 2009, 2012, 2013 and now 2016.

Managing Director Marie Rodland-Allen received the award on behalf of the bank at a gala black-tie dinner held at the Hilton Bankside in London on December 7, 2016.


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