• About Us
  • Contact
  • Advertise
  • Privacy Policy
  • Terms and Conditions
Monday, February 6, 2023
No Result
View All Result
NEWSLETTER
Cayman Marl Road
  • Home
  • CMR Daily Buzz
  • Cayman’s Youth
  • Parliament
  • Live Show
  • COVID-19
  • Election 2021
  • Legal Notices
  • Entertainment
    • All
    • Events
    • Music
    World-class Ironshore Studios opens in Cayman

    World-class Ironshore Studios opens in Cayman

    Dancehall artist Spice suffered complications during surgery?

    Spice to perform in Cayman after postponing show last year

    Julie Mango named Best Jamaican Social Media Personality

    Julie Mango named Best Jamaican Social Media Personality

    Chloe Powery-Doxey off to Miss Universe pageant

    Chloe Powery-Doxey off to Miss Universe pageant

    Miss Universe to be aired by streaming service Roku

    Miss Universe to be aired by streaming service Roku

    Bob Marley’s grandson dies

    Bob Marley’s grandson dies

    ‘Ellen DeGeneres Show’ DJ Stephen ‘tWitch’ Boss dead by suicide

    ‘Ellen DeGeneres Show’ DJ Stephen ‘tWitch’ Boss dead by suicide

    Celine Dion diagnosed with incurable disease

    Celine Dion diagnosed with incurable disease

    Bob Marley immersive experience in the US next year

    Bob Marley immersive experience in the US next year

  • Lifestyle
    • All
    • Food
    • Health
    • Medical Experts
    HSA opens adolescent behavioral health center

    HSA opens adolescent behavioral health center

    Health Insurance Commission monitoring Cayman First

    Health Insurance Commission monitoring Cayman First

    False: No flight restrictions to Cayman due to COVID

    False: No flight restrictions to Cayman due to COVID

    Long Term Residential Mental Health project not completed

    Long Term Residential Mental Health project not completed

    Dr. Marc Lockhart leaves Mental Health Commission

    Dr. Marc Lockhart leaves Mental Health Commission

    Heart Fund encourages everyone to get CPR training

    Heart Fund encourages everyone to get CPR training

    Health Ministry names incoming Chief Medical Officer

    COVID-19 “XBB Variant” info not issued by Ministry of Health

    Clear masks available for HSA hearing impaired patients

    Clear masks available for HSA hearing impaired patients

    New treatment for acid reflux in the Caribbean

    New treatment for acid reflux in the Caribbean

    Health Ministry names incoming Chief Medical Officer

    One COVID-19 related death reported

    Trending Tags

  • Home
  • CMR Daily Buzz
  • Cayman’s Youth
  • Parliament
  • Live Show
  • COVID-19
  • Election 2021
  • Legal Notices
  • Entertainment
    • All
    • Events
    • Music
    World-class Ironshore Studios opens in Cayman

    World-class Ironshore Studios opens in Cayman

    Dancehall artist Spice suffered complications during surgery?

    Spice to perform in Cayman after postponing show last year

    Julie Mango named Best Jamaican Social Media Personality

    Julie Mango named Best Jamaican Social Media Personality

    Chloe Powery-Doxey off to Miss Universe pageant

    Chloe Powery-Doxey off to Miss Universe pageant

    Miss Universe to be aired by streaming service Roku

    Miss Universe to be aired by streaming service Roku

    Bob Marley’s grandson dies

    Bob Marley’s grandson dies

    ‘Ellen DeGeneres Show’ DJ Stephen ‘tWitch’ Boss dead by suicide

    ‘Ellen DeGeneres Show’ DJ Stephen ‘tWitch’ Boss dead by suicide

    Celine Dion diagnosed with incurable disease

    Celine Dion diagnosed with incurable disease

    Bob Marley immersive experience in the US next year

    Bob Marley immersive experience in the US next year

  • Lifestyle
    • All
    • Food
    • Health
    • Medical Experts
    HSA opens adolescent behavioral health center

    HSA opens adolescent behavioral health center

    Health Insurance Commission monitoring Cayman First

    Health Insurance Commission monitoring Cayman First

    False: No flight restrictions to Cayman due to COVID

    False: No flight restrictions to Cayman due to COVID

    Long Term Residential Mental Health project not completed

    Long Term Residential Mental Health project not completed

    Dr. Marc Lockhart leaves Mental Health Commission

    Dr. Marc Lockhart leaves Mental Health Commission

    Heart Fund encourages everyone to get CPR training

    Heart Fund encourages everyone to get CPR training

    Health Ministry names incoming Chief Medical Officer

    COVID-19 “XBB Variant” info not issued by Ministry of Health

    Clear masks available for HSA hearing impaired patients

    Clear masks available for HSA hearing impaired patients

    New treatment for acid reflux in the Caribbean

    New treatment for acid reflux in the Caribbean

    Health Ministry names incoming Chief Medical Officer

    One COVID-19 related death reported

    Trending Tags

No Result
View All Result
Cayman Marl Road
No Result
View All Result

Fidelity rebrands as Proven Bank promising opportunities for locals

by CMR
August 05, 2022
in Finance
0
Fidelity rebrands as Proven Bank promising opportunities for locals
40
SHARES
Share on FacebookShare on TwitterShare on Whatsapp

“PROVEN Bank (Cayman) is committed to the Cayman community and will continue to provide excellent sustained employment opportunities for the Cayman people.”

Proven Bank

(CMR) As of August 1, Fidelity Bank (Cayman) Limited has rebranded itself as Proven Bank (Cayman) Limited after being acquired by the Proven Group earlier this year.

The bank claims that its rebranding will strengthen its infrastructure to provide funding for major development and corporate projects throughout Cayman, affording opportunities for Caymanians employed with the organization.

In a press release issued earlier this week, the organization has stated that it plans to deliver a “more customer-focused service offering to rights our customers' day-to-day banking needs.”

They are expected to remain open for business as usual as the transition and rebranding are completed. They noted that an evaluation of the business for efficiency and compliant structure will also be taken place. This, they say, will ultimately benefit their stakeholders and drive the businesses' continued success.

Responding to recent criticisms about the termination of long term staff, they noted that the new customer-centric and business operating model meant laying off Caymanian staff members as their roles would no longer exist.

They claim that the staff members were “respectfully met with and thanked for their long service to the company” and that they were paid “significantly above statutory requirements,” including employment assistance and healthcare.

They also note that the new model would create some new opportunities for promotions within the bank. They also said the new structure will allow for opportunities for Caymanaisn both locally and abroad with the customer-facing roles continuing to be handled by locals. CEO Benjamin Freeman stated:

“we are investing in education and training as part of an ongoing transition to a high-performance company with the goal of becoming the best place to work in Cayman.”

The West Bay Road location is being refitted to house their Corporate and Private Banking businesses and the ATM located there remains available as the branch will not be permanently closed.

The Dr. Roy’s branch Friday’s opening hours are extended to 6:00 pm with them reviewing increasing the number of tellers to accommodate additional traffic.

Related posts:

Cayman remains on FATF grey list
Kim Kardashian charged for unlawfully touting crypto security
Consumer prices increased by 12.1 percent in second quarter  of 2022
TCHT: Fidelity Firing Fiasco
Share your vote!


No, thanks.
How do you feel after reading this?
  • Fascinated
  • Happy
  • Sad
  • Angry
  • Bored
  • Afraid
Tags: Fidelity BankProven Bank (Cayman) Limited
CMR

CMR

Related Posts

Cayman on EU’s preliminary AML high-risk list

Cayman remains on FATF grey list

by Renae Stampp
October 21, 2022
0

(CMR) The Cayman Islands has remained on the Financial Action Task Force (FATF) grey list. The FATF has urged the...

Kim Kardashian charged for unlawfully touting crypto security

Kim Kardashian charged for unlawfully touting crypto security

by Renae Stampp
October 3, 2022
0

(CMR) The Securities and Exchange Commission has announced charges against Kim Kardashian for touting on social media a crypto asset...

Consumer prices increased by 12.1 percent in second quarter  of 2022

Consumer prices increased by 12.1 percent in second quarter  of 2022

by Renae Stampp
August 4, 2022
0

(CMR) The Consumer Price Index (CPI) increased by 12.1 percent in the second quarter of 2022 when compared to the...

Cayman’s economy expanded by 1.7% for first 9 months of 2021

Cayman’s economy expanded by 1.7% for first 9 months of 2021

by Renae Stampp
May 27, 2022
0

(CMR)  The Cayman Islands' gross domestic product (GDP) indicated that economic activity increased by an estimated 1.7% in the first...

US replaces Cayman as top enabler of financial secrecy

by Renae Stampp
May 18, 2022
0

(CMR) The Cayman Islands is no longer the top country that helps individuals hide ownership of assets after dropping to...

Cayman’s GDP declined in 2020 after 9 years of growth

Cayman’s GDP declined in 2020 after 9 years of growth

by Renae Stampp
March 31, 2022
0

(CMR) Cayman's Gross Domestic Product (GDP) estimate for 2020 shows that the local economy contracted by 5.7%, reversing nine consecutive...

Next Post
Jamaica’s confirmed cases of coronavirus rise to 143

Jamaica confirms first locally transmitted case of monkeypox

Recent News

Powerful quake kills over 1,800 in Syria and Turkey

Powerful quake kills over 1,800 in Syria and Turkey

February 6, 2023
Man fingered in robbery after leaving finger on scene

Man fingered in robbery after leaving finger on scene

February 6, 2023
MoE stimulates early learning with Smart Start program

MoE stimulates early learning with Smart Start program

February 6, 2023
Applicants needed for Financial Assistance Tribunal

Applicants needed for Financial Assistance Tribunal

February 5, 2023
Raising boys vs raising girls

10 things you should never say to your kids

February 5, 2023
Man hospitalized following altercation at bar

Man hospitalized following altercation at bar

February 4, 2023
  • About Us
  • Contact
  • Advertise
  • Privacy Policy
  • Terms and Conditions

Copyright © 2023 CMR Cayman's Premier News Source - All Rights Reserved

No Result
View All Result
  • Home
  • CMR Daily Buzz
  • Events
  • Election 2021
  • Cayman’s Youth
  • Legal Notices
  • Live Show
  • The Cold Hard Truth
  • Ask The Marl Road
    • Consumer Protection
    • COVID-19
    • What would you do?
  • Breaking News
  • Government
    • Road Closures
  • Rumor Has It
  • Investigative Reports
  • Business
    • Finance
  • Cayman Crime Watch
  • Celebration of Life
  • Community Notices/Events
    • Accidents
    • Police
    • Weather
  • Court Cases
    • Civil
    • Criminal
  • Entertainment
    • Events
    • Music
  • Family
    • Education
    • Fury Friends
  • Lifestyle
    • Food
    • Health
    • Medical Experts
  • News Roundup
  • Opinions
    • Polls
    • Cartoons
  • Politics
    • Parliament
  • Regional News
  • Social Media Happenings
    • Jackass of the Day!
    • Lost & Found
  • World News
  • Cayman Small Business
  • Cayman Wellness
  • Tech News
  • Sports
  • Science
  • Weird & Unusual News
  • Advertorials

Copyright © 2023 CMR Cayman's Premier News Source - All Rights Reserved