The First Citizens Group has evolved into one of the region’s leading and most dynamic providers of financial products and services. This position is further strengthened by the acquisition of the largest full service securities company in the Caribbean, CMMB, on May 22, 2009.

First Citizens, whose asset base stood at $24 billion as at May 30, 2009, comprises First Citizens Bank Limited, First Citizens Asset Management Limited, First Citizens (St. Lucia) Limited, First Citizens Trustee Services Limited, First Citizens Securities Trading Limited and CMMB.

First Citizens Bank continues to be the fastest growing and third largest bank in Trinidad and Tobago. Our 23 branches offer a full range of retail and commercial banking services, in addition to merchant and trustee services. Our Corporate Banking Unit provides access to a full range of financial services and has recently been involved in a number of landmark projects across the region. The strategic alliance with CMMB translates into a regional network of contacts and on-the-ground expertise in various locations that provide opportunities for large scale corporate and capital market transactions in the Caribbean. With an established presence in North America, First Citizens is now focusing on markets in Europe, Asia and Latin America.

Two of the world’s leading credit rating agencies have graded the Bank the top regional investment ratings. The Bank enjoys a Moody’s A1 (Debt) and Baa1 (Institutional) rating and has received affirmation of its counterparty credit rating of ‘BBB+/A-2’ from Standard and Poor’s, making it the highest ranked indigenous bank in the English-speaking Caribbean. First Citizens remains the only wholly-local bank to float two US$100 million bonds (February 2004 and January 2005). The ratings of both bonds have also been affirmed at ‘BBB+’. The Bank has also been admitted to the International Finance Corporation’s B-Loan Programme.

Over the years, the robustness of our leadership has consistently helped to advance our technology, innovative product offerings and profitability, and garnered numerous awards. The most recent is the award of the prestigious ‘World Finance Magazine – Best Bank, Trinidad and Tobago 2009’. Our cutting edge technology platform has won the South Chamber of Commerce Tyrone Samlalsingh Pinnacle Award three times for ‘Excellence In Innovation, Communications Technology and e-Commerce’.

The First Citizens Group is proud to welcome CMMB into our fold, as we continue to strive for excellence in every area of business, pushing ahead to new horizons and many more ‘firsts’.