M&A and Strategic Advisory | Climate Finance
Assumption of US$ 280,000,000 in Customer Deposits of CLICO Investment Bank Limited
First Citizens Bank Limited (“First Citizens”) is one of the leading financial services groups in Trinidad and Tobago, offering a full range of retail, corporate and merchant banking services, as well as asset management, trustee and brokerage services. First Citizens is publicly traded in the Trinidad & Tobago Stock exchange
Pan American Finance advised First Citizens on the assumption of approximately TT$1.7 billion (US$280 million) in customer deposits from CLICO Investment Bank following its intervention and closure by the Central Bank of Trinidad & Tobago.