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Stanford International Bank Reaches US$6 Billion in Assets
ST. JOHN’S, ANTIGUA, W.I. – 20 July 2007 – Continuing its growth, Stanford International Bank's surpasses US$6 billion in assets, at the close of business June 14, 2007, increasing by US$1 billion since October 2006.
To put the Bank’s success in historical perspective, it reached $1 billion in assets in July 2001; $2 billion in July 2003; $3 billion in December 2004; and $5 billion in October 2006.
Stanford International Bank, which focuses on a very select clientele and a very select product line including a CD that typically pays clients a higher interest rate than other banks’ CDs, continues its record-breaking growth.
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