Who we are
Concorde Bank Limited (CBL) is an independent private bank founded in Barbados in 1987. CBL is registered as a domestic bank with a foreign currency license and is regulated by the Central Bank of Barbados and the Barbados Financial Services Commission. CBL currently operates in one location, Barbados.
Our uniquely tailored products and services are available to individuals, trust, and corporate clients, and cover a broad range of financial services. We are committed to protecting the interests of our clients and complying with international, legal and regulatory requirements while conforming to best practices. We provide our bespoke financial solutions through a dedicated team of experts who understand your unique financial and wealth goals.
Mission Statement
Our mission is to support our family of clients in achieving their goals and preserving their wealth through secure financial services while maintaining a human touch in a digital world.
Vision 2030
Our Vision 2030 is to be the leading private bank in our region, renowned for innovative wealth creation solutions and unparalleled client service.
US$432mAssets under administration
90% CARCapital adequacy ratio
As of 30 June 2024, CBL’s latest audited financial statements reflect total assets under administration of US$432m. Capital adequacy ratio (CAR) remains strong at 90% when compared with the Basel II/III benchmark of 8%. CBL is audited by Ernst & Young Ltd.
What we do
At Concorde Bank, we provide secure, reliable, and personalized banking solutions. Our commitment to excellence ensures exceptional service and results. Our services include corporate and individual accounts, secured online access, trading, brokerage and custody services, wealth management facilities, foreign exchange transactions and multi-currency transfers.
Leadership team
A tribute in Memory of Our Co-Founder and Chairman, - Gerard P E C Lussan (1938 - 2024)
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Gerard Lussan, the founding chairman and majority shareholder of Concorde Bank Limited (CBL), was a visionary leader whose contributions to the legal and financial sectors were invaluable. As a distinguished French lawyer, Gerard was sworn to the Paris Bar in 1964. He held Masters’ Degrees in Law and Economics, specializing in International, Commercial, Economic, and Tax law, and became a foreign member of the New York Bar International Association in 1988.
Gerard’s entrepreneurial spirit and forward-thinking approach led him to co-found the French law firm Lussan & Wiriath, with offices in Paris and London. In 1982, he also co-founded the London Partnership Limited, where he played a key role in developing cutting-edge portfolio management software that set new industry standards.
His dedication to advancing financial planning was demonstrated through his involvement with the International Tax Planning Association and the Society of Trust and Estate Planners. Gerard’s influence extended beyond these organizations, as he held significant roles in trustee, banking, and investment corporations, providing advisory services to multinational groups and demonstrating his expertise in international finance and law.
In 1987, Concorde Bank Limited was founded as an independent private bank in Barbados. Gerard’s leadership was instrumental in its establishment, guiding CBL to secure a domestic bank status with a foreign currency license, regulated by the Central Bank of Barbados and the Barbados Financial Services Commission. Today, CBL continues to operate in Barbados, upholding the principles of excellence and integrity that Gerard championed.
Gerard Lussan’s legacy is marked by his strategic vision, commitment to excellence, and dedication to fostering growth and innovation. His impact on Concorde Bank and the broader financial community will continue to be felt for years to come. The values he championed remain central to the mission and success of Concorde Bank.
