Intercommercial Bank Limited

Intercommercial Bank Limited (IBL) opened its doors to serve the retail and commercial banking needs of Central Trinidad in June 1998. Its solid client base comprises of retail clients as well as small and medium businesses engaged in the industrial, manufacturing, and commercial industries, whose needs it professionally meets on both a business as well as a personal level. By 2000, IBL expanded its distribution to Marabella, another fast-growing commercial centre.

In 2001, IBL established the Intercommercial Trust and Merchant Bank (ITMBL) to assist in executing more sophisticated financial transactions demanded by commercial clients with a regional scope. In February 2006 ITMBL was relocated to Trinidad’s capital, Port of Spain.

The strategic alliance of IBL and Jamaica Money Market Brokers (JMMB), together with a sharply focused business strategy allows the IBL Group to leverage on opportunities that now exist through this shareholder relationship. IBL’s Mission is “to passionately serve its customers, community, shareholders and team members with integrity, trust, transparency, love and respect”. We will achieve our desire to be the first choice for financial solutions in the region by offering an array of quality financial products and services through innovative delivery system, all made possible by a highly-trained, creative and well rewarded team of professionals working together to achieve the greatest values for our customers and stakeholders”.

IBL reported a capital base of US$9.58million and assets in excess of US$95.2 million as at December 2005. As a Group, IBL accumulated US$10.32million in equity and US$99.09milion in assets. To date our current staff complement is 122 members