Intercommercial/CMMB up investment ante

Intercommercial Bank recently partnered with Caribbean Money Market Brokers (CMMB) to develop a new product for its customers. The Signature Portfolio is an investment service that can be tailored to meet an individual’s financial needs. Varun Maharaj, Managing Director of Intercommercial said the portfolio will afford investors capital appreciation combined with income generation by offering them various investment instruments including fixed income paper, hybrid repo, bank index funds, bonds, money market funds, secured investment certificates and equities. “Using vital information and working with our intelligence on the best and most current investment opportunities available locally and globally, I could craft a portfolio that exactly matches your specific needs.

I would be able to plot a financial course that produces your goals and objectives,” said Maharaj. He added that no signature portfolio is the same. The company held a formal launch at the Crowne Plaza last week to commemorate this move into banking history. Honoured guests included Minister in the Ministry of Finance, Conrad Enill and the newly appointed mayor of Chaguanas, Suruj Rambachan.