Republic Bank (Anguilla) Limited

Anna MileikoCreated by Anna Mileiko

Republic Bank (Anguilla) Limited Logo

Address

Fairplay Commercial Complex, The Valley, Anguilla

BIC

NOSCAIAI

Overview

Category

Domestic banks

Business Focus

universal banking

On 10 September 2019, the Eastern Caribbean Central Bank (“ECCB”) approved the acquisition of Scotiabank Anguilla Limited by Republic Financial Holdings Limited (Trinidad and Tobago). Scotiabank Anguilla Limited changed its name to Republic Bank (Anguilla) Limited. Republic Bank (Anguilla) Limited is focused on providing retail, SME and business banking products and services to domestic customers.

Performance

In 2023, Republic Bank (Anguilla) Limited achieved the position of 2nd largest bank in Anguilla; its total assets grew by 0.41%.

Additionally, the bank became the 2nd profitable bank in relation to its total assets showcasing 1.57% return on assets and 20.91% return on equity in 2023.

Services

retail banking
SME banking
business banking
corporate banking

Products

current accounts
savings accounts
time deposit accounts
credit cards
personal loans
car loans
mortgage loans

Card Providers

MasterCard

See Also

Financials

Total Assets of Republic Bank (Anguilla) Limited
Net_income of Republic Bank (Anguilla) Limited
Total Assets (2023)
587.55 mln XCD   (+0.41%)
Net Income (2023)
9.22 mln XCD   (+4.75%)

Republic Bank (Anguilla) Limited is the 2nd largest bank in Anguilla in terms of total assets. In 2023 its total assets were 587,55 mln XCD. In 2023 the bank's net income was 9,22 mln XCD.

Deposit Guarantee

Guarantee Fund
none
Protected Amount
0 XCD
Eligible Depositors
none
Covered Accounts
none

There is no deposit guarantee scheme in place for Republic Bank (Anguilla) Limited. It means that in the event of Republic Bank (Anguilla) Limited failure its depositors will not receive any compensation or coverage.

See Also

Contacts

addressFairplay Commercial Complex, The Valley, Anguilla
po box250
phone(264) 497-3333
fax(264) 497-3344

See Also

Bank Identifiers

BIC (SWIFT)
NOSCAIAI

Bank Supervision

Supervised By
Anguilla Financial Services Commission

Republic Bank (Anguilla) Limited is authorized and supervised by the Anguilla Financial Services Commission.

Bank History

Previous Name
Scotiabank Anguilla Limited
Flag of Anguilla

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