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Digital Banking/e-banking vs normal traditional Banking

Rashaed Esson Staff Writer     #TheBahamas, April 11, 2023 – Last year December, a leaked memo which was confirmed to be true by CIBC revealed that come January 3rd of 2023, CIBC branches in the Bahamas and TCI would no longer process over the counter transactions which can be performed  through digital banking channels. […] ....

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Higher US interest rates propel FCIB to solid Q1 - The Nassau Guardian

Higher US interest rates was the driving force behind CIBC FirstCaribbean International Bank (Bahamas) Limited’s (FCIB) “solid” first quarter results, the bank’s Managing Director Jacqui Bend said. For the quarter ending January 31, FCIB reported net income of $28.6 million, up $16.4 million from the $12.2 million registered during the same period a year ago. ....

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CIBC Sunset Crest branch transformed as bank continues digital build out

CIBC FirstCaribbean International Bank has expanded its digital footprint with the transformation of one of its full-service branches into an advisory centre that will help transition clients to better utilise the financial institution’s digital services.
The bank said its Sunset Crest, St James branch will be turned into a fully digital operation centre.
“As we reopen the branch, it will now transition ....

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