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Economy and Banking Sector of Anguilla

Major Banks of Anguilla

#1: National Commercial Bank of Anguilla Limited

National Commercial Bank of Anguilla Ltd was established in December 2015 as a result of a merger of two former local indigenous banks, National Bank of Anguilla and Caribbean Commercial Bank (Anguilla) Ltd and began its operations on April 25, 2016. National Commercial Bank of Anguilla Limited is solely owned by the Government of Anguilla.

There is no deposit guarantee scheme in Anguilla: in the case of National Commercial Bank of Anguilla Limited failure its depositors will not get any compensation.

#2: Scotiabank Anguilla Limited

The Bank of Nova Scotia (Scotiabank) is Canada’s international bank and one of the leading financial services providers in North America, Latin America, the Caribbean and Central America. In Canada and internationally Scotiabank provides a wide range of retail, private, corporate banking and wealth management products and services. Global banking and markets of Scotiabank provides corporate, government and institutional clients in Canada and in select international countries with corporate banking, investment banking and capital markets solutions.

There is no deposit guarantee scheme in Anguilla: in the case of Scotiabank Anguilla Limited failure its depositors will not get any compensation.

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