Cornèr Bank (Overseas) Limited: the choice of leading financial institutions
Dear Valued Customers
In view of the special situation concerning the Coronavirus (COVID-19), and out of an abundance of caution we have taken important precautions in order to protect the health of our employees and clients.
Cornèr Bank has reduced in office the number of its staff and is temporarily closed to public visitors. In order to guarantee the security and reliability that have distinguished us for decades, all important functionalities are being maintained, with the majority of employees being able to carry out their work in home office mode. We will do our utmost to continue providing you with the best possible service.
This decision was taken in relation to the big responsibility towards the population and society. We are firmly convinced that in such an exceptional situation, the protection of the health takes precedence over economic or other motives.
We thank you with all our heart for your understanding. We greatly appreciate the trust you place in us every day.
Cornèr Bank Group is a third generation family owned bank founded in 1952. Since its inception in Lugano, Switzerland, we have maintained our core focus of stability and sustainable growth.
The operations are globally diversified, with 9 locations in Switzerland, London, Milan, Slovenia and The Bahamas, we have been recognized as #1 in Switzerland in terms of capital soundness for the fourth consecutive year.
Boasting a significantly strong financial position, Cornèr Bank Group is proud to claim its Tier 1 ratio of 24.4%. Our high level of capitalization and firm equity base are factors that have shielded us in times of international crisis.
Focusing on our clients requirements, we aim to offer each client an individualized and customized approach through our quick and efficient business lines.
Cornèr Bank (Overseas) Ltd. a subsidiary of the Cornèr Bank Group, has been successfully operating since 1996 in the Commonwealth of The Bahamas, and is licensed and supervised by both the Central Bank of The Bahamas and the Securities Commission of The Bahamas.
The Bahamas is a leader in the Western Hemisphere as a wealth management jurisdiction, is a politically stable democracy, with a Parliament established in 1729, one of the oldest in the British Commonwealth, geographically situated near Latin American financial centers and with easy and direct links to major transportation hubs worldwide.
The Bahamas Government levies no taxes on capital gains, inheritance, or income. Nassau boasts a broad network of international accounting and legal firms and specialists, and due to the prominence of the financial services industry, The Bahamas has developed uniquely specialized financial services legislation setting them apart from other jurisdictions.