Top 4 Largest Banks in Bermuda

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The largest banks in Bermuda offer a wide range of banking and wealth management solutions and cater to foreign non-resident clients and institutions. On this ... read more...

  1. Top 1

    Butterfield

    Butterfield or Butterfield Bank, officially Bank of N. T. Butterfield & Son (NTB) is a financial institution founded and based in Bermuda that provides banking, wealth management, and trust services to clients from Bermuda, the Cayman Islands, Guernsey, and Jersey, where its principal banking operations are located, and The Bahamas, Switzerland, Singapore, and key international financial centers such as the United Kingdom, where it offers specialized financial services.

    Established in 1858, NTB has a rich history of serving clients across different generations. Today, the bank boasts over 160 years of experience in the industry, with a strong reputation for integrity, professionalism, and client focus. NTB's core business segments include personal banking, corporate banking, private banking, and wealth management. In addition to its banking services, the bank also provides global custody, fund administration, and trust services to institutional clients. These services enable the bank to cater to the unique needs of high-net-worth individuals, corporations, and institutional clients seeking personalized solutions for their complex financial goals.


    In addition, Butterfield prides itself on its commitment to responsible banking practices, as it actively supports environmental and social initiatives through various programs and partnerships. In 2019, the bank launched the Butterfield Green Account, a product designed to promote sustainable spending habits among customers.


    Founded: 1858
    Headquarters: Hamilton, Bermuda
    Website: https://www.butterfieldgroup.com

    Screenshot via www.butterfieldgroup.com
    Screenshot via www.butterfieldgroup.com
    Video by Butterfield Group

  2. Top 2

    HSBC Bermuda

    HSBC Bank Bermuda Limited, also known as HSBC Bermuda previously the Bank of Bermuda Limited, is a subsidiary of the global banking and financial services provider, HSBC Group. The bank was established in 1889 and is one of the oldest banks in Bermuda. Since then, it has been a reputable and well-established bank that provides a comprehensive range of financial services to customers in Bermuda.


    HSBC Bermuda offers a wide range of banking products and services to individuals, businesses, and institutions. The bank operates as a full-service bank, providing retail banking, commercial banking, wealth management, and global banking and markets services to international and local clients. Retail banking services offered by HSBC Bermuda include personal banking, mortgages, loans, credit cards, etc. The bank has a network of branches across Bermuda and provides 24/7 online and mobile banking services to customers.

    In addition to retail banking, HSBC Bermuda provides commercial banking services to businesses of all sizes. These services include financing, cash management, trade finance, and foreign exchange services. The bank’s global banking and markets division provides corporate and institutional clients with a range of financial solutions, including capital markets and advisory services. Moreover, with a strong commitment to sustainability and a focus on customer satisfaction, HSBC Bermuda is a leading choice for banking in Bermuda.


    Founded: 1889
    Headquarters: Hamilton, Bermuda
    Website: https://www.hsbc.bm

    Screenshot via www.hsbc.bm
    Screenshot via www.hsbc.bm
    Video by World Business Report
  3. Top 3

    Clarien Bank Bermuda

    Clarien Bank Limited or Clarien Bank Bermuda, is formerly known as Capital G Bank. Founded in 1916, the bank has more than eight decades of banking history in one of the world’s most dynamic and sophisticated financial, investment, and insurance centers. Clarien Bank Bermuda aspires to be the trusted adviser of choice, devoted to diversifying and developing in service of customers who require top fiduciary management skills, a diverse variety of world-class products and services, and secure technological platforms.


    In recent years, to make it easier and more convenient for clients ‘to navigate their financial future’, Clarien Bank Bermuda has been working toward its strategic aspiration to be the Digital Bank of Choice in Bermuda, by upgrading and transforming its systems and processes. Now, clients can sign up for new accounts, products, and services within minutes with the bank's innovative digital onboarding technology. The bank also offers a variety of online services, including Clarien My Rewards, iBank, iATMs, iInvest, iTrade, etc.


    In addition, Clarien Bank Bermuda also helps its clients to start, manage and grow their businesses with a number of tools, services, and support, including Commercial Chequing, Commercial Savings, and Investments, Business VISA® card, Payment Services (point of sale and e-commerce), Local and international payment services, etc. Its wealth management services are also trusted by many of its clients. Moreover, the bank is known for its global investment in sustainable development called International Equity Fund.


    Founded: 1916
    Headquarters: Hamilton, Bermuda
    Website: https://clarienbank.com

    Screenshot via clarienbank.com
    Screenshot via clarienbank.com
    Video by Clarien Bank
  4. Top 4

    Bermuda Commercial Bank

    Bermuda Commercial Bank Limited, also called Bermuda Commercial Bank (BCB) is a 100% subsidiary of Provident Holdings Limited. The bank began with an Act of Parliament in February 1969 and celebrated its 50-year anniversary of providing banking services to Bermuda and internationally in 2019. It is the specialist Bermuda bank delivering innovative and effective solutions to provide superior customer experience.

    Bermuda Commercial Bank
    offers tailored financial solutions and personal attention to Bermuda-based and international business customers, individual clients, and service providers. The bank has provided outstanding personal service to our clients with competitive banking products and services as well as internet and mobile banking, consumer and commercial lending, and global custody and brokerage services.


    BCB's core products include Term loans, Residential mortgages, and credit cards. The bank's products are delivered with competitive market rates, personalized services, and fraud protection. Bermuda Commercial Bank does that by differentiating products and solutions through customer experience and innovation, maintaining a well-capitalized and liquid balance sheet, and always trying to deliver superior value for our stakeholders and the community. The bank's customer service is also praised by many of its clients, with positive reviews pointing out how the bank's staffs are always helpful, detailed, and hands-on.


    Founded: 1969
    Headquarters: Hamilton, Bermuda
    Website: https://www.bcb.bm

    Screenshot via www.bcb.bm
    Screenshot via www.bcb.bm
    Video by BCBBermuda



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