Following recent regulatory approval for the sale of its Curaçao and St Maarten banking assets, FirstCaribbean International Bank Limited (FCIB) is looking to grow its presence in the 10 Caribbean territories which will now form its core business.

FCIB has been divesting different Caribbean markets since October 2021, nearly nine months after its parent company, the Canadian Imperial Bank of Commerce (CIBC), failed to sell the majority interest in FCIB to GNB Financial Group Limited. Since then, FCIB has successfully exited Aruba, St Vincent and the Grenadines, and Grenada through successful sales. Its St Kitts and Nevis sale was blocked by regional regulators while it ceased its operations in Dominica.