In 2018 Scotiabank (Turks and Caicos) Ltd. was ranked the 1st largest bank in the Turks and Caicos Islands in terms of total assets, having 61.38% of the domestic market share.
Chart 1. Market share of Scotiabank (Turks and Caicos) Ltd. (among banks in the Turks and Caicos Islands)
Several banks having the market shares and ranks closest to Scotiabank (Turks and Caicos) Ltd. are shown below.
|Rank||Name||Total Assets||Market Share|
|1||Scotiabank (Turks and Caicos) Ltd.||779.67 mln USD||61.38%|
|2||RBC Royal Bank (Bahamas) Limited||210.03 mln USD||16.54%|
|3||British Caribbean Bank Limited||152.39 mln USD||12.00%|