Bahamas Bank Account, Private Banking Services Bahamas, Offshore Services

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Economy—overview: The Bahamas is a stable developing nation with an economy heavily dependent on tourism and offshore banking. Tourism alone accounts for more than 50% of GDP and directly or indirectly employs 40% of the archipelago's labor force. Moderate growth in tourism receipts and a boom in construction of new hotels resorts and residences led to an increase of the country's GDP by an estimated 3.5% in 1997. Manufacturing and agriculture together contribute less than 10% of GDP and show little growth despite government incentives aimed at those sectors. Overall growth prospects in the short run will depend heavily on the fortunes of the tourism sector and continued income growth in the US which accounts for the majority of tourist visitors.

Bahamas Bank Accounts

Griffon Bank
 
Atlantic Bank of Commerce Limited
P.O. Box N8865
Nassau, N.P., The Bahamas
Mrs. Hilda Knowles
Deputy General Manager
 
BankAmerica Trust and Banking Corporation
BankAmerica House
East Bay Street, P.O. Box n-9100
Nassau, Bahamas
 
Bankers Trust Company
Claughton House
P.O.Box N-3234
Nassau, Bahamas
 
Bank of Bahamas Limited
50 Shirley Street, P.O. Box N-7118
Nassau, Bahamas
 
Bank of Boston Trust Company Limited
Charlotte House
P.O. Box N-3930
Nassau, Bahamas
 
Bank of Nova Scotia
Box N-7545 Bay Street
Nassau, Bahamas
 
Bahamas Offshore Accounts
 
Barclays Bank in the Bahamas
Full range of banking services.
 
Chemical Bank & Trust Limited
P.O. Box N-4723
Nassau, N.P., The Bahamas
Mr. Michael Ranson
Senior Trust Officer
 
CIBC Trust Company
 
Cititrust Bahamas
Thompson Boulevard P.O. Box-1576
Nassau, Bahamas
 
Coutts & Company Limited
P.O. Box N7788
Nassau, N.P., The Bahamas
Mr. James D. Graham
Manager
 
Darier Hentsch Private Bank & Trust Limited
P.O. Box N4938
Nassau, N.P., The Bahamas
Mrs. Anna Colebrooke
Vice President
 
Demachy Worms & Co. International
P.O. Box N3918
Nassau, N.P., The Bahamas
Mr. Ronald W. Springle
Financial Controller
 
Eastland American Bank Limited
P.O. Box N4920
Nassau, N.P., The Bahamas
Mr. Tyrone Fowler
Manager
 
  Euro-Dutch Trust Co. Limited
P.O. Box N9205
Nassau, N.P., The Bahamas
Mr. Anthony L.M. Inder Rieden
Managing Director
 
Fidinam Trust Corporation Limited
P.O. Box N9932
Nassau, N.P., The Bahamas
Mr. Cedric B. Moss
Resident Manager
 
Guta Bank & Trust Limited
 
Laurentian Bank & Trust Company Limited
P.O. Box N4883
Nassau, N.P., The Bahamas
Mr. E. Andre Doyon
Managing Director
 
Lloyds Bank International Private Banking
P.O. Box N4843
Nassau, N.P., The Bahamas
Telex: 20107 BOLAM 
Mr. Sam P. Haven
Assistant Manager, Trust Department
 
Mees Pierson Limited
P.O. Box SS5539
Nassau, N.P., The Bahamas
Mr. Geoffrey Dyson
Managing Director
 
Montaque Securities International Limited
Saffrey Square
Bay Street & Bank Lane, 1st Floor
P.O. Box N-7474
Nassau, The Bahamas
Owen S. M. Bethel
President & Managing Director
 
  Morgan Trust Company of The Bahamas
P.O. Box N4899
Nassau, N.P., The Bahamas
Mr. Andrew G. Massie
Managing Director
 
  Offshore Trust Banking Corporation Limited
West Bay Road, P.O. Box N-7179
Nassau, Bahamas
 
  Rawson Trust Company Limited
P.O. Box N4465
Nassau, N.P., The Bahamas
Mrs. B. M. Rolle
Manager, Accounts
 
  Royal Bank of Cananda
 
Royal Bank of Scotland (NASSAU) Limited
Box N-3045, 50 Shirley Street
Nassau, Bahamas 
 
  Sand Ander Investment Bank Limited
P.O. Box N1682
Nassau, N.P., The Bahamas
Mrs. R. L. Symonette
Manager
 
  The Private Trust Corporation Limited
 
The Chase Manhattan Private Bank
P.O. Box N1576
Nassau, N.P., The Bahamas
Mrs. Eunice E. Smith Manager
Unit Trust Department
 
  The Citibank Private Bank
P.O. Box N1576
Nassau, N.P., The Bahamas
Mr. David N. Tremblay
Managing Director
 
  Thorand Trust & Management Limited
P.O. Box N3242
Nassau, N.P., The Bahamas
Mr. Robert V. Lotmore
Managing Director
 
  Westpac Bank & Trust (Bahamas) Limited
P.O. Box N8332
Nassau, N.P., The Bahamas
Mrs. Jacqueline M. Bain
Managing Director
 
If you have $300,000 or more to deposit and would like to open a Bahamas bank account, click here to request an appointment.
 
GDP: purchasing power parity—$3.36 billion (1997 est.)
 
GDP—real growth rate: 3.5% (1997 est.)
 
GDP—per capita: purchasing power parity—$19 400 (1997 est.)
 
GDP—composition by sector:
 
agriculture: 3%
 
industry: 5%
 
services: 92% (1997 est.)
 
Inflation rate—consumer price index: 0.4% (1997)
 
Labor force:
 
total: 146 600 (1996)
 
by occupation: government 30% tourism 40% business services 10% agriculture 5% (1995 est.)
 
Unemployment rate: 10% (1997 est.)
 
Budget:
 
revenues: $687.5 million
 
expenditures: $827 million including capital expenditures of $112 million (FY96/97 est.)
 
Industries: tourism banking cement oil refining and transshipment salt production rum aragonite pharmaceuticals spiral-welded steel pipe
 
Industrial production growth rate: NA%
 
Electricity—capacity: 401 000 kW (1995)
 
Electricity—production: 1.29 billion kWh (1996)
 
Electricity—consumption per capita: 4 100 kWh (1996)
 
Agriculture—products: citrus vegetables; poultry
 
Exports:
 
total value: $201.7 million (f.o.b. 1996)
 
commodities: pharmaceuticals cement rum crawfish refined petroleum products
 
partners: US 24% Spain 14% UK 7% Norway 7% France 6% Italy 5% (1995 est.)
 
Imports:
 
total value: $1.26 billion (c.i.f. 1996)
 
commodities: foodstuffs manufactured goods crude oil vehicles electronics
 
partners: US 29% Finland 10% Iran 10% Denmark 8%
 
Debt—external: $381.7 million (1997)
 
Economic aid: $NA
 
Currency: 1 Bahamian dollar (B$) = 100 cents
 
Exchange rates: Bahamian dollar (B$) per US$1—1.000 (fixed rate pegged to the dollar)
 
Fiscal year: 1 July—30 June
 
Source - world66.com
 
*If you have assets worth $300,000 USD or more and would like it safeguarded in an Bahamas Bank Account, complete a consultation request..
 
# Arcadian Investments - International Financial Planning and Investments. Arcadian Investments Corp. is a Bahamas-based international financial planning company offering clients solutions to their offshore investment needs. Our head office is located in Nassau, Bahamas with representative offices in Canada to best meet the needs of our client base.
# Infiniti Global Axxess - European office to arrange MasterCard cards issued by Leadenhall Trust Company/Axxess International of Nassau, Bahamas. Offshore cards giving Global Axxess to your offshore funds.
# Suisse Security Bank & Trust - Suisse Security Bank & Trust is an offshore located in the Bahamas that offers a wide variety of personal and corporate accounts as well as IBC incorporations.
# TradeFair Group Inc. - TradeFair Group corporate Services Inc. is a provider of offshore corporate and financial services based in the Bahamas.

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