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BCB HOLDINGS LIMITED ANNOUNCES Q1 2015 RESULTS (Excerpt)
Hamilton, Bermuda – 31 October, 2014 - BCB Holdings Limited (the “Company” or “BCBHL”; Tickers: AIM: BCB; Bermuda Stock Exchange: BCBH.BH) reported a net income from operations of $1.8m for the three months ended June 30, 2014 (2013 – net loss $0.9m), the first quarter of fiscal 2015, and a net income per ordinary share from operations for the quarter of $0.02 (2013 – net loss $0.01).
Background Information
BCB Holdings Limited (BCBHL) is a parent holding company with no independent business operations or assets other than its investments in its subsidiaries, intercompany balances and holdings of cash and cash equivalents. BCBHL’s businesses are conducted through its subsidiaries. The Belize Bank Limited (BBL) is incorporated and based in Belize and focuses on the provision of financial services and lending to domestic clients. Belize Bank International Limited is incorporated and based in Belize and focuses on the provision of financial services and lending to international clients. BCBHL also owns an international corporate services business based in Belize. Within Belize, BBL is the largest, full service commercial and retail banking operation with a head office in Belize City and thirteen branches extended into each of the six districts of Belize. The principal operations of BBL are commercial lending, consumer lending, deposit taking and related banking activities.
For further information contact:
BCB Holdings
UK +44 (0)207 248 6700
Belize +501 227 7178
Cenkos Securities plc
Nicholas Wells +44 (0)20 739 8920
Note: The complete text of this and other press releases are available at the Company’s web site: http://www.bcbholdings.com