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Butterfield named Bermuda's bank of the year

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
A Financial Times affiliate has named Butterfield the bank of the year in Bermuda, for the 12th year in a row. International financial affairs publication The Banker announced the accolade today.

The Royal Gazette article from December 11, 2024, reports that Butterfield Bank has been named Bermuda's Bank of the Year for the third consecutive year by "The Banker" magazine, a Financial Times publication. This accolade recognizes Butterfield's outstanding performance in financial strength, strategic relationships, and innovative banking solutions. The bank's CEO, Michael Collins, expressed pride in the achievement, attributing the success to the dedication of the staff and the bank's commitment to excellence in serving its clients. The award highlights Butterfield's robust financial health, with a notable increase in net income and a strong balance sheet, alongside its efforts in digital transformation and customer service enhancements.

Read the Full The Royal Gazette Article at:
[ https://www.royalgazette.com/banking/business/article/20241211/butterfield-named-bermudas-bank-of-the-year-3/ ]