Business Barbados

01/06/2026

The Bank of N.T. Butterfield & Son (Butterfield Group) has agreed to acquire CIBC's 91.7% stake in CIBC Caribbean in a transaction valued at US$1.794 billion, creating a regional banking and wealth management platform with approximately US$29 billion in assets.

Of particular significance for Barbados, Butterfield has confirmed that CIBC Caribbean’s regional headquarters will remain in Barbados, while clients are expected to benefit from enhanced cross-border banking capabilities, expanded wealth management and corporate services, and continued investment in digital banking technology.

The deal, which is expected to close in the first half of 2027 subject to regulatory approvals, will also see Butterfield pursue stock listings on the Barbados Stock Exchange, alongside other Caribbean exchanges.

This landmark transaction has major implications for the future of regional banking, financial services integration, capital markets, and Barbados’ position as a Caribbean financial hub.

👉 Read the full Business Barbados news bulletin for all the details and what this means for the region:
https://businessbarbados.com/post/cibc-caribbean-acquired-by-butterfield-bank

01/06/2026

IDB Invest Sustainability Week 2026 brought more than 1,000 delegates from 46 countries to Barbados this week, alongside over 13,000 virtual participants, for three days of high-level discussions on climate finance, resilience, energy transition and sustainable investment.

From keynote addresses by regional and global leaders to a landmark fireside chat with Prime Minister Mia Mottley, the conference reinforced the urgency of turning climate ambition into investable action for the Caribbean.

We’ve captured the key moments, themes and takeaways in our latest Business Barbados news bulletin.

👉 Read the full story here:
https://businessbarbados.com/post/barbados-takes-centre-stage-at-idb-invest-sustainability-week-2026

If you missed the conference, all sessions can be streamed via the SW26 YouTube Playlist.

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19/05/2026

A thought-provoking perspective from Stephen Stonberg, CEO and Co-founder of Tabit Insurance on how Barbados’ independence and regulatory flexibility could create a competitive advantage in the evolving global business landscape — particularly in digital assets, fintech and international insurance.

Do you agree that sovereign flexibility is becoming a key differentiator for international business jurisdictions?

Read the full guest feature below and join the conversation.
https://businessbarbados.com/articles/barbados-sovereign-advantage

14/05/2026

"It was a noisy quarter in the investing world"

Peter Arender, CEO & Chief Investment Officer at Fortress Fund Managers shares his insights on Q1 2026 performance of the Barbados dollar funds managed by Fortress Fund Managers.

Listen to his assessment via Youtube
https://youtu.be/yJGBONi-UCo?si=belVIlYrZz0XIfbt

And read our Business Barbados news bulletin in full:
https://businessbarbados.com/post/fortress-barbados-dollar-funds-see-only-marginal-declines-in-q1-2026

To learn more about Fortress Fund Managers and our range of mutual funds, visit https://www.fortressfund.com.

06/05/2026

"Barbados has turned its clean-transport ambitions into reality, and you can see the results everywhere. Over the past decade, the island has built one of the Caribbean’s most advanced electric-mobility ecosystems. From the quiet hum of electric buses gliding through Bridgetown to a growing network of charging stations along the coast, Barbados is proving that small islands can lead big transitions."

With IDB Invest's Sustainability Week coming up later this month, we're continuing to put Sustainability in the spotlight, with this feature article by Kiesha Farnum, Head of Partnerships & Programmes at Caribbean Centre for Renewable Energy and Energy Efficiency.

Read Kiesha's article in full: https://businessbarbados.com/articles/barbados-a-model-for-e-mobility-innovation-and-sustainable-investment

04/05/2026

Business Barbados is proud to congratulate Summit Asset Management Limited on celebrating its 20th anniversary on 1st May 2026.

Founded to manage the wealth of a high-net-worth family, Summit has evolved into one of the Caribbean’s leading independent asset management firms, with one of the region’s largest and most qualified investment teams. From its Barbados headquarters, the company continues to deliver trusted, tailored investment solutions to clients around the world.

As President & Chief Investment Officer John Howard reflects:

“It’s a privilege to build a global business in a country that’s also an exceptional place to live.”

To commemorate this milestone, read our special double-page spotlight in Business Barbados 2026: https://businessbarbados.com/articles/twenty-years-of-intelligent-growth-and-enduring-trust

29/04/2026

🇧🇧 Looking ahead to May, Barbados is buzzing – across business, sport and leisure.

BIBA Barbados kicks things off with its Luncheon Seminar featuring The Hon. Kerrie D. Symmonds, MP, on 6 May, followed by the Barbados Manufacturers Association State of the Industry Conference on 18 May.

Then, to close out the month, IDB Invest hosts its Sustainability Week in Barbados for the first time, from 26–28 May.

In between, there’s plenty of sporting action too – from squash and motorsport to duathlon, horse racing and polo.

📅 Explore what’s on and plan your month via the Business Barbados events calendar: https://businessbarbados.com/events

24/04/2026

Connie Smith, Chair of Business Barbados (the Barbados Government's business facilitation agency), will be joining an illustrious panel of speakers at the Citywealth Forum in London on 12th May.

Connie, who is on the board of Invest Barbados – a bronze sponsor for the event – will be delivering an update on Barbados as an International Financial Centre.

Read more in our Business Barbados news bulletin:
https://businessbarbados.com/post/citywealth-forum-london

15/04/2026

"Aspiring pilots across the region have long been compelled to travel abroad–often at great personal and financial cost–to pursue their dreams."

Sagicor Cave Hill School Of Business and Management is now welcoming its first cohort of students for its new Aviation Ground School, offering a range of pathways including a degree and a commercial pilot's license.

Dr Dion Greenidge, Executive Director and CEO of SCHSBM shares the story behind the Ground School ATO, and what this means for the future of aviation in Barbados and across the region.

Read Dr Greenidge's feature article from Business Barbados 2026:
https://businessbarbados.com/articles/business-barbados-buzz-soaring-from-vision-to-reality

08/04/2026

Barbados, get ready! 🇧🇧🇧🇧
IDB Invest's Sustainability Week is coming to our shores for the first time

In-person attendance by invitation only. But we've got you covered...

Use our Business Barbados code BUSSW26 to register and unlock:
• Virtual Day: Knowledge Sharing (May 25 via Zoom)
• Main conference livestream (May 26-28 via YouTube)

Get all the details & registration link in our news bulletin: https://businessbarbados.com/post/register-now-for-sustainability-week-2026