CIBC Caribbean Bank Limited recorded a strong increase in profitability, with a net profit of 167.7 million US dollars for the first nine months of the year. This performance, up 46% compared to the previous year, is attributed to growth in revenues, loans, and deposits. The CEO highlighted rigorous risk management and improved customer relations, despite rising operating costs.
CIBC Caribbean reports a net profit of 167 million US dollars
This article was updated at 10:55.