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CIB @ 15

15 Years Service | Achievements | CIB Story

15 Years of Sterling Service

In just fifteen (15) years, CIB has created significant “firsts” in the investment banking arena, while establishing ourselves as leaders. In this regard, it is with great pride that we remember the past while at the same time embrace the future, as we continue to pioneer the way forward and eagerly advance beyond the frontiers of this region.

View our gallery of staff celebrations here.


Notable Achievements

Our major accomplishments for the period 1990 to present include:

YEAR MILESTONE
1991 Trustee and Paying Agent for BWIA TT$40M Bond Issue
1991 Manager, Arranger, Trustee, Registrar and Paying Agent for Home Construction Limited’s TT$40M Bond Issue
1992 Co- Lead Manager of US$100M Eurodollar Note Issue by the Government of Trinidad and Tobago, making CIB the first local financial institution to be so appointed
1993 Co- Lead Manager of US$125M Eurodollar Note Issue by the Government of Trinidad and Tobago
1994 Financing of the “Clicoffee” Blue Mountain Coffee Project in Jamaica
1995 Arranger for US$71M Bond Issue for Southern Electrical Inc. (S.E.I.) Holdings to refinance the acquisition of the Power Generation Company of Trinidad and Tobago
1997 Introduction of a high –yielding U.S.D. deposit product US $ure
1997 Arranged US$20M discounted note facility for the Guyana Electrical Corporation
1997 Co-Arranger with two merchant banks in the financing of TT$300M bond Issue on behalf of the Government of Trinidad and Tobago
1998 CIB launched AddVenture Capital Fund Limited, the first venture capital company in Trinidad and Tobago
1998 Paying Agent for HCL TT$20M Bond, facilitating the financing of 77% of the construction cost of Atlantic Plaza at Pt. Lisas
2000 CIB, Jamaica Money Market Brokers and CL Financial formed Caribbean Money Market Brokers Limited, to offer short-term investments to the public
2000 CIB was the first licensed financial institution to introduce Islamic Banking to Trinidad and Tobago
2001 CIB opens a “House on the Corner” in Chaguanas
2001 CIB is the first non-bank financial institution to become a licensed foreign exchange dealer in Trinidad and Tobago
2004 CIB pioneers the way for learning to play pan via the television
2004 CIB acquires land for the construction of a branch in Tobago
2004 CIB acquires an additional 10 per cent shareholding in Republic Bank Ltd., bringing its shareholding to 22 per cent

You can also view a presentation of our milestones.

The presentation requires the Macromedia Flash Player. If you do not have the plug-in, you can download it here.

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#1 Rust Street, St.Clair,
Trinidad & Tobago, WI
Tel: 868.628.3628/4128
Fax: 868.628.3639

Corner Southern Main Road & Chrissie Trace, Chaguanas,
Trinidad & Tobago, WI
Tel: 868.671.8817/7081/9386
Fax: 868.665.0924

Corner Jerningham & Ross Streets, Scarborough, Tobago
Tel: 868.635.1637-40
Fax: 868.635.1635