Caribbean International Bank (Industry Analysis)

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 Introduction

 The Caribbean is one of the regions most affected by declining

corresponding banking relationships (World Bank , 2015)
 Caribbean International Bank (CIB) is a financial institution
providing customers with banking facilities (CIBC FirstCaribbean,
n.d).
 It is known for good customer service, innovation, and corporate
social responsibility.
 Industry Overview

 The banking industry in the Caribbean is highly competitive due to

the vast international and domestic players in the market.
 The banking investment in the region has increased due to
economic growth.
 To compete favorably, CIB offers its customers a wide range of
products and services.
 CIB strategically focuses on innovation and customer service to
enjoy a bigger competitive advantage
 Industry Trends

 Shareholder among the 80% in banking industry

 Assets worth $2.2 billion in 2020
 Net income of $25.2 million in 2020
 75% of the loans are secured loans
 Bank's total loan portfolio of $1.2 billion
 Bank's deposit base of $1.4 billion
 68% bank’s deposits are demand deposits
Conclusion

 Conclusively, CIB is a well-established financial institution with a good competitive

advantage, innovative technologies, good customer service, and corporate social
responsibility.
 This has enabled the company to record an increment in revenues across the years.
 Reference

 ‌Corporate Social Responsibility (CSR) | Corporate Responsibility | CIB Egypt. (n.d.).

Corporate Social Responsibility | Corporate Responsibility | CIB Egypt.

https://www.cibeg.com/en/responsible-banking/responsible-banking

 CIBC FirstCaribbean. (n.d.). Firstcaribbean. https://www.cibcfcib.com/

 Washington, D. (n.d.). UNITED STATES SECURITIES AND EXCHANGE COMMISSION.

https://www.annualreports.com/HostedData/AnnualReports/PDF/NYSE_RCL_2021.pdf