Bahamas - FirstCaribbean International Bank

Country Manager’s ReportBank in 2002. We are pleased to note the largenumber of our employees upgrading their skillsand knowledge through both internal andexternal sources to better equip themselves forthe challenges ahead. We have in excess of 80employees currently enrolled in tertiaryeducational programs.Future OutlookEconomies throughout the world areexperiencing many challenges and ours is noexception with our two major industries stillfeeling the effects of September 2001, and theresulting changes in the financial landscape.and Turks and Caicos will achieve our previouslystated goals.Our vision is to be the Bank of first choice in thisregion – first for customers, first for employees,first for service and first for innovation in theeyes of all. We are committed to being thenumber one financial services organisation inour market.Just as we are appreciative of the contributions ofour employees and shareholders, thecontribution of your Board of Directors in thischallenging year must not be overlooked and weare grateful for all their advice and counsel.Prospects however are more encouraging nowthan at this time last year, and we are optimisticthat we are poised to see some return tonormalcy and improved shareholder value inthe coming years.We remain confident that the anticipatedbenefits coming out of the combination of theoperations of Barclays and CIBC in the BahamasTerence R. HiltsRetail Director, Northern Caribbean andCountry Manager28