1999 SERIES OF INTERNATIONAL PROMOTIONAL TOURS
Successfully launched
Twenty-five BFSB representatives spent a week in Switzerland in May, meeting with Swiss banks and legal firms - as well as with representatives from the Society of Trust and Estate Practitioners from Zurich and Geneva - to update them on developments in the Bahamas financial services industry. With more than 30 licensed Swiss banks operating in The Bahamas, the visit took place at a crucial time as Switzerland and its banking community confront growing pressures from within the European Community on issues ranging from its bank secrecy laws to tax harmonisation.
While in Zurich and Geneva, BFSB promoted the Bahamas’ financial services to bankers from host banks, Credit Suisse and Bank Leu, among others. Pictured are Gregor Maissen, Managing Director, Credit Suisse (Bahamas) Ltd.; Ian Fair, BFSB Chairman; Julian Francis, Governor, Central Bank of The Bahamas; Reto Donatsch, General Manager, Bank Leu, Zurich; and
