Bermuda Commercial Bank Ltd. announced today it has invested $5.2 million in London-based integrated corporate finance and broking house Westhouse Holdings Plc.

BCB said it had invested £3.5 million in in a perpetual convertible loan instrument which can be converted into equity shares worth up to 38 percent of Altenative Investment Market-listed Westhouse's enlarged equity capital.

Michael Collier, chairman and managing director of BCB, said the investment would enable Westhouse to expand and was part of BCB's strategy to build robust commercial relationships with advisory and broking houses in the major global financial centres.

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