WELCOME TO NEVIS INTERNATIONAL BANK & TRUST
DEAR CUSTOMERS AND OUR WORLDWIDE PARTNERS:
On behalf of our global workforce, we welcome you to Nevis International Bank & Trust, the “Customer First Global Bank” (NIB&T). NIB&T is a leading banking conglomerate fully licensed and regulated to offer a wide range of banking, capital markets, trust and escrow, economic citizenship, and asset management solutions to a large and rapidly expanding corporate and private banking clientele from around the world. Our Asset Management business is listed on the New York Stock Exchange (NYSE symbol: VSL). Our Asset Management subsidiary Whitford Asset Management LLC is a registered investment adviser regulated by the U.S. Securities and Exchange Commission (SEC), and is duly authorized to manage client investment portfolios. The Bank operates at the “speed of Wall Street” while maintaining a pristine record of worldwide regulatory compliance, thanks to our multiyear and continuing rigorous compliance programs directly advised, designed and implement for NIB&T by Kroll, the New York-based global leader in risk management. NIB&T has several unique characteristics as a forward-looking financial institution.
Exceptional Capital Strength
The world faces many challenges. To assist our customers in benefiting from this complex landscape, NIB&T maintains an exceptionally high Common Equity Tier 1 (CET1) ratio of nearly 100%, offering the Bank’s customer deposits with unparalleled safety through a “fortress” balance sheet, putting our customers’ interest first, making NIB&T one of the world’s safest depository institutions trusted by many clients.
The Bank’s Foundation Is Our Core Values
Safety of Customer Deposits. As a matter of bank policy, NIB&T’s customer deposits in U.S. dollars are placed in U.S. Treasury bonds, which are among the safest investments in the world. Customer deposits in other currencies are invested in high-grade bonds.
A No-lending Policy, Zero Loan Defaults. It is also our bank’s policy that NIB&T does not extend credit, not to customers or ourselves. Therefore neither the Bank’s capital nor our customer deposits are exposed to any credit risk. This steadfast bank practice allows NIB&T to maintain high capital ratios that surpass some of the largest banks in the world.
Rigorous Compliance, A Global Partnership with Kroll. NIB&T is subject to rigorous regulatory oversight thus strictly adheres to best practices compliance standards. NIB&T’s compliance programs were jointly developed with Kroll, the world’s largest risk management firm whose services are trusted by governments and leading banks. Through a formal alliance with Kroll, NIB&T has implemented Kroll’s renowned due diligence abilities to augment the Bank’s already highly robust AML/KYC/CFT operating procedures. The Bank’s independent auditor is Grant Thornton, one of the world’s largest accounting firms.
Customer Privacy is Paramount. NIB&T respects customer privacy. The Bank utilizes highly secure government-grade facilities and protocols to power its 24/7 e-banking systems, enforcing strict protections for client privacy while delivering a seamless service experience.
A One-stop Solution Bank. From new business formation to economic citizenship, NIB&T offers a broad range of services to our clients in collaboration with our worldwide service partners. The Bank is a St. Kitts and Nevis government licensed International Marketing Agent, authorized to advise on the world’s oldest and best known St. Kitts and Nevis Citizenship by Investment Program (CIP or CBI), whose advantages such as costs, certainty and efficiency exceed identical economic citizenship programs offered by the governments of the United States (EB-5), Canada or EU. When approved by the government, NIB&T’s customers and their family members can obtain a second citizenship while keeping their current nationalities, benefiting from visa-free travel to nearly 160 countries, including the U.K. and the entire EU. The Bank’s CIP clients may also apply for bank accounts at NIB&T.
Your Prosperity, Our Commitment
Please visit NIB&T’s sprawling global headquarters in Nevis, St. Kitts and Nevis, a prosperous British Commonwealth nation with a rich history. First discovered by Christopher Columbus in 1493, Nevis is the birthplace of America’s Founding Father Alexander Hamilton in 1755, and the home of Admiral Horatio Nelson in 1785. Today, the beautiful English-speaking Nevis sits at the crossroads of U.S., Europe, Africa, South and Central America, with easy access to the Asian markets. NIB&T is well positioned.
NIB&T is honored to be your bank. We appreciate your business and we pride ourselves on attentively listening to our customers. At NIB&T, our mission statement is quite simple: Your Prosperity, Our Commitment.You can count on this bank to serve you well and stand by you when you need us the most.
The Rt. Hon. Sir Tony Baldry
Chairman of the Board
NEVIS INTERNATIONAL BANK & TRUST
FOUNDING CHAIRMAN SIR TONY: The Right Honorable Sir Tony is the UK government’s former Parliamentary Under-Secretary of State Foreign and Commonwealth Office overseeing the West Indies, South Asia, Africa and North America. He was knighted by Queen Elizabeth II in 2012 and appointed to the HM Privy Council in 2014, and became a Lay Canon of Christ Church Cathedral, Oxford in 2015. During his accomplished career, Sir Tony led multiple official UK trade missions across the globe, including serving as an Honorary member of the 48 Group for his work with China. Sir Tony was a member of Parliament (MP) for 32 years and a UK government Minister for 8 years. His ministerial posts included Minister of State Ministry of Agriculture, Fisheries and Food, Parliamentary Under Secretary of State Department of Energy, Parliamentary Under Secretary of State Department of the Environment, and a Minister in the UK Foreign Office. Sir Tony was also a Personal Aide to the legendary former UK Prime Minister Margaret Thatcher. Following his retirement from the Parliament in 2015, UK Prime Minister David Cameron commended Sir Tony as “the finest example of an MP.” Sir Tony has a Master of Arts degree in International Development and a Bachelor of Law degree from the University of Sussex. He was a visiting Parliamentary Fellow at St. Antony’s College, University of Oxford and continues to be a guest member of the University of Oxford. Sir Tony is currently the leader of a commercial set of Barristers’ Chambers “One Essex Court” in London.