RF Bank & Trust

RF Bank & Trust Deepens Commitment to Financial Sector Development

Press Releases
Published 9 May, 2025

RF Bank & Trust (RF) is proud to announce a philanthropic donation to the Bahamas Institute of Financial Services (BIFS), reaffirming its commitment to advancing education and strengthening the financial services industry in The Bahamas.


RF Bank & Trust Deepens Commitment to Financial Sector Development with Donation to the Bahamas Institute of Financial Services

 

PHOTO CAPTION (L-R): Miguel Pratt, BIFS Program Director; Kim Bodie, BIFS Executive Director; Tatum Gaitor, RF Donations Committee Member; Rachael Allahar, RF Marketing AVP.

(Nassau, Bahamas) RF Bank & Trust (RF) is proud to announce a philanthropic donation to the Bahamas Institute of Financial Services (BIFS), reaffirming its commitment to advancing education and strengthening the financial services industry in The Bahamas. The contribution will go directly towards student scholarships, supporting aspiring professionals seeking to enter the dynamic field of finance.

Founded in 1974 as a not-for-profit institution, BIFS has played a pivotal role in maintaining the high professional standards within financial services organizations across the country. The institute was established through the vision of Mr. T. Baswell Donaldson, the first Governor of The Central Bank of The Bahamas, and has since earned an international reputation for its cutting-edge training and educational offerings.

“We believe that empowering individuals through education is one of the most impactful ways to shape the future of our financial sector,” said Michael Anderson, President of RF Bank & Trust. “Our support of BIFS aligns not only with our philanthropic pillar of education but also with our mission as a financial institution — to invest in the people who will drive the industry forward. We are proud to partner with an organization that shares our commitment to excellence and innovation.”

The donation reinforces RF’s ongoing dedication to national development by equipping Bahamians with the tools, knowledge, and certification needed to succeed in a competitive and evolving global financial landscape.

Executive Director of the Bahamas Institute of Financial Services, Kim Bodie, expressed her gratitude: “We are thrilled to receive this generous support from RF Bank & Trust. Their investment in our scholarship programme directly impacts our ability to develop a cadre of well-trained, industry-ready professionals. This partnership helps fuel our mandate to ensure the sustainability of financial services in The Bahamas.”

The scholarships will enable more students to access world-class programs, including certifications and diplomas that meet the rigorous demands of today’s financial environment. Through this initiative, RF and BIFS aim to inspire a new generation of leaders who will contribute meaningfully to the country’s economic resilience and growth.

                                                                               ###

About RF
Since its inception in 1997, RF has been committed to helping our clients create and manage wealth. We are your regional private bank connecting with the best in local and international investments. Collectively, we have helped clients raise in excess of USD $2.2 Billion in capital, have $1.4 Billion under management and 2 Billion+ assets under administration. Offering a wide range of investment products and services, our financial solutions are designed to help individuals and corporate clients meet and achieve their investment goals. These include Mutual Funds, Investment Management. Investment Banking, Group & Personal Pension Plans, Personal Retirement Accounts, Stock Brokerage, Trust & Estate Planning, and Educational Investment Accounts.

For more information, please visit http://www.www.rfgroup.com and follow us on Facebook @rfbanktrust

MEDIA CONTACT
Rachael Allahar
Group Head of Marketing
RF Bank & Trust
603-6000
Rachael.allahar@rfgroup.com

Ready to put your money to work?

Get started with RF Group investment management services..

Make an appointment or schedule a callback
news-feature-bg-mob

You Might Also Like

RF Brings Relief with Hurricane Hygiene Kit Donation to DRM Authority

1 week ago

RF Bank & Trust (Bahamas) Limited (RF), as part of its annual community impact campaign, has announced a generous donation of 1,650 hurricane hygiene kits to the DRM Authority. The kits include essential toiletries and other personal care items to support sanitation and recovery efforts for Bahamians who need to seek shelter.

RF Strengthens Regional Leadership with Eight Executive Appointments — Seven of Them Women

2 weeks ago

In one of its largest promotional exercises to date, RF Group (RF) has announced eight executive-level appointments across its regional network. The promotions come as RF, a leading investment bank and wealth manager, continues to strengthen service delivery, enhance in-house expertise, and expand its footprint across the Caribbean.

  • AML Foods Limited AML   6.65
  • Arawak Port Development Ltd APD   50.00
  • Bahamas Property Fund BPF   12.00
  • Bahamas First Holding Limited BFH   3.08
  • Bahamas Waste BWL   10.41
  • Bank of Bahamas BOB   6.00
  • Benchmark BBL   2.18
  • Cable Bahamas CAB   3.78
  • Commonwealth Brewery CBB   10.25
  • Colina Holdings Ltd. CHL   15.50
  • Commonwealth Bank Ltd. CBL   4.50
  • Consolidated Water BDR CWCB   6.87
  • Doctors Hospital DHS   5.00
  • Famguard FAM   6.95
  • Fidelity Bank FBB   16.21
  • Finco FIN   16.20
  • FirstCaribbean CIB   16.50
  • Focol FCL   7.00
  • Emera EMAB   12.88
  • J S Johnson JSJ   16.76
  • Focol Class B Perpetual Preference FCLB   1.00
  • Colina Holdings Class Preference CHLA   1.00
  • Fidelity Bank Series A Redeemable Preference FBBA   10.00
  • Secure Balanced Fund MF   11.75
  • Targeted Equity Fund MF   16.43
  • Prime Income Fund MF   8.61
  • RF International Equities Sub Fund MF   16.59
  • RF International High Yield Fund MF   13.47
  • RF International Alternative Strategies Fund MF   12.34