Bermuda Commercial Bank Ltd. (BCB) has announced that First Curacao International Bank NV (FCIB) has exercised its options on 200,000 BCB shares - increasing its majority stake in the bank.

The announcement to the Bermuda Stock Exchange (BSX), which was made on December 30, 2009, revealed that the number of shares now held by FCIB was 3,461,577, equating to 54.49 percent of the total number of issued and fully paid shares of BCB, which now stands at 6,352,687 shares.