Commonwealth Bank
Founded
n/a
Headquarters
Nassau, The Bahamas
Ticker
n/a
Sector
Banking
Stock performance
This company has no listed ticker in our data, so there is no price chart.
History
Commonwealth Bank grew from a small Bahamian lender into the first Bahamian-owned bank to reach $1 billion in assets, in a market long dominated by Canadian banks.
Business model
Commonwealth Bank focuses on retail banking, especially consumer loans, mortgages, and deposits, through branches in New Providence, Grand Bahama, Abaco, and Eleuthera.
Market position
Commonwealth Bank is the largest Bahamian-owned commercial bank, competing with RBC, CIBC Caribbean, and Scotiabank.
Country impact
As a locally owned lender listed on the Bahamas International Securities Exchange, it is an important provider of consumer credit and one of the most widely held local stocks.