As part of her ongoing efforts to address all pillars of Bermuda’s cost of living challenges, including financial access and affordability, the Minister of Home Affairs, the Hon. Alexa Lightbourne, JP, MP, met with Clarien Bank executives to explore banking solutions that could benefit Bermudian families.
Minister Lightbourne, accompanied by Permanent Secretary Valerie Robinson-James, met with Ian Truran, Chief Executive Officer, and Simon Van de Weg, Chief Banking Officer to discuss savings options and initiatives aimed at making banking more accessible for Bermudians.
Building on the Affordable Bermuda Agenda and the recent announcement of a Digital Finance Pilot in the House of Assembly, Minister Lightbourne discussed cashless payment options that offer a lower-cost alternative to traditional credit cards, reducing transaction costs for everyday purchases. The conversation also covered low-interest financing to help qualifying households adopt residential solar solutions, combining affordable loans with streamlined approvals to reduce energy bills while supporting a cleaner energy future.
