Business

FirstCaribbean International Closes US$45m Refinancing for Pristine Estates

FirstCaribbean Corporate Banking Curacao has successfully closed a landmark US$45 million refinancing transaction with Pristine Estates N.V., which owns the 612-room 3.5 star Holiday Inn Resort and Casino in Aruba, the bank has announced. FirstCaribbean has been associated with Pristine since 1999 as part of a syndicate which included partner banks Maduro & Curiel’s Bank …

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Barbadian Wine Maker Keeping the Spirits High Despite the Odds

The Bible story says Jesus turned water into wine when the spirits ran low at the wedding in Cana. Malcolm Wood, in Bridgetown, Barbados, is working on the miracle of creating a Caribbean fruit wine business in an industry that snubs the notion of terming as wine anything but fermentation derived from grapes. Since the …

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Firstcaribbean Appoints New Managing Director for Jamaica

FirstCaribbean International Bank has announced the appointment of Clovis Metcalfe, a 35 year veteran of the bank, to the role of Managing Director in Jamaica. Clovis, replaces current MD, Milton Brady, who has been appointed to FirstCaribbean’s Executive Management Committee as Managing Director, Corporate Investment Banking. Metcalfe’s appointment took effect from January 1st 2009. As …

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Future Caribbean Business Leaders to Meet in the Bahamas

As 2009 opens, experienced business professionals will meet future business leaders in The Bahamas for four days of dialogue and professional development.  From January 4 to 7, the Caribbean Business Clubs of Harvard Business School and the Wharton School of the University of Pennsylvania will host the 7th Annual Caribbean MBA Conference in Nassau. The …

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