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The Banker Names Butterfield Bank €˜Bank Of The Year 2006' In Bermuda And Cayman
Hamilton, Bermuda, November 29, 2006 -- Butterfield Bank announced today that it has been named €˜Bank of the Year 2006' in Bermuda and the Cayman Islands by The Banker magazine. This is the fifth consecutive year Butterfield Bank has received the award in Bermuda, and the third time it has received the award in Cayman. It also represents the third internationally recognised award the Bank has received in 2006.
Alan R. Thompson, President and CEO said, "Butterfield Bank is pleased to once again be the recipient of The Banker's €˜Bank of the Year' awards in Bermuda and the Cayman Islands." He added, "The success we have enjoyed is a direct result of the efforts of our employees who have worked hard to integrate new businesses, introduce innovative products and services and strengthen relationships with our customers."
The Banker is a highly regarded U.K. based publication that each year selects banks in over 100 countries to receive their €˜Bank of the Year' awards. In making their selections, The Banker's global editorial team considers not only a bank's financial performance, but also strategic initiatives, innovative use of technology and commitment to human resources initiatives. A full listing of €˜Bank of the Year 2006' award winners will be published in the December edition of The Banker.
In addition to The Banker's €˜Bank of the Year' awards, Butterfield Bank was named €˜Best Bank in Bermuda' for 2006 by Global Finance in March - the second consecutive year it has received this award, and €˜Best Bank in Bermuda' in the Euromoney 2006 Awards for excellence in July.