CIBC FirstCaribbean Palmdale Branch to Close

NASSAU, BAHAMAS – The Palmdale branch of CIBC FirstCaribbean International bank will close its doors on August 31, 2022. The announcement made by the bank’s Managing Director Dr. Jacqui Bend, Friday.

“We regret this development; however, our bank recognizes that our clients’ needs are changing, and we remain committed to meeting these evolving needs. We are even more focused within the climate of evolving technology advancements on creating product options that focus on security, convenience, and ease of doing business,” Dr. Bend says.

Dr. Bend noted that all branch employees were offered positions at other branches but also have the option to take severance as per labour guidelines.