Bermuda Bankers Association
Offering Exceptional Banking Services
Offering Exceptional Banking Services
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What Our Members Offer
What Our Members Offer
The following elements comprise the offerings of the banking sector
in Bermuda:
Loans
Loans
Bermuda’s banks provide a full range of retail loans to include residential mortgages, credit cards, personal loans, and commercial loans. Loans are granted solely on the borrower’s creditworthiness, ability to repay, and the value of any related collateral.
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Asset Management, Private Wealth,
and Trust
Bermuda has long been known as a jurisdiction that provides expert asset management, private wealth management, and trust services. This remains true today and, in fact, Bermuda’s global reach into the Caribbean, Channel Islands, the US, and Europe is stronger than ever and has been further enhanced through the adoption of global reporting standards.
Branches, ATMs, and Debit Cards
Bermuda’s banks provide a network of branches covering Hamilton, St. George’s, Somerset, and Paget Plaza. There is also a widespread network of ATMs throughout the island with the majority of the machines located in Hamilton.
Other areas with widespread ATM coverage are grocery stores, gas stations, and the airport. Most Bermuda merchants accept local debit and credit cards as well as US and other internationally issued cards.
Our Partner Organisations
Our Partner Organisations
The BBA is proud to be a member of the Bermuda financial community and is in active partnership with the
Bermuda Business Development Agency (BDA),
the Association of Bermuda Insurers and Reinsurers (ABIR),
and the Bermuda Chamber of Commerce (BCC).