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Economy and Banking Sector of Curacao

Major Banks of Curacao

Maduro & Curiel's Bank

Established in 1916, Maduro's Bank was the first commercial bank in the Netherlands Antilles. In 1932 Maduro's Bank merged with Curiel's Bank to form Maduro & Curiel's Bank (MCB). Since 1970 MCB has been associated with The Bank of Nova Scotia of Toronto, Canada.Maduro & Curiel's Bank provides personal and commercial banking, private and investment banking products, it's also offers insrance brokerage, underwriting and loss adjustment, corporate management services.

Services
Personal and Business Banking
Private and Investment Banking

There is no deposit guarantee scheme in Curacao: in the case of Maduro & Curiel's Bank failure its depositors will not get any compensation.

Banco di Caribe

Founded in 1972 Banco di Caribe has been providing financial services to local community for more than 40 years. The bank offers a wide variety retail and corporate banking products as well as VIP banking services.

Services
Retail and Corporate Banking

There is no deposit guarantee scheme in Curacao: in the case of Banco di Caribe failure its depositors will not get any compensation.

Orco Bank

Orco Bank was established in 1986 and was initially focused on offshore activities, bond trading and investment banking. Now Orco Bank operates as a universal bank, providing a full range of retail and corporate banking products and services.

There is no deposit guarantee scheme in Curacao: in the case of Orco Bank failure its depositors will not get any compensation.

Vidanova Bank

Vidanova Bank N.V. was originally founded in 1980 as Curaçao Banking Corporation and was lately known as SFT Bank N.V. In 2016 Vidanova Pension Fund acquired the majority of the shares of SFT Bank and the bank name was changed to Vidanova Bank. Vidanova Bank operates as a universal bank, offering a broad range of retail and corporate banking products and services to domestic customers.

There is no deposit guarantee scheme in Curacao: in the case of Vidanova Bank failure its depositors will not get any compensation.

See Also