Trading
List of Commercial Banks in Aruba
Published by Gbaf News
Posted on April 19, 2013
1 min read· Last updated: November 21, 2018
Key Takeaways
- Aruba hosts several key commercial banks including AIB Bank, Aruba Bank, Banco di Caribe and Caribbean Mercantile Bank.
- AIB Bank transitioned into full-service commercial banking following acquisition of Banco di Caribe Aruba in December 2024.
- Caribbean Mercantile Bank is a full-service bank established in 1962 and affiliated with Maduro & Curiel’s Bank.
- Banco di Caribe provides retail and corporate services and was acquired by AIB Bank in late 2024.
- Volkskredietbank van Aruba operates in Oranjestad offering local banking services.
Frequently Asked Questions
Which major commercial banks operate in Aruba?
Major commercial banks include Aruba Bank N.V., AIB Bank N.V., Banco di Caribe N.V., Caribbean Mercantile Bank N.V., and Volkskredietbank van Aruba.
What recent change involved AIB Bank?
In December 2024, AIB Bank acquired Banco di Caribe Aruba N.V., enabling its expansion into full-service commercial banking and digital transformation.
Is Caribbean Mercantile Bank a local institution?
Caribbean Mercantile Bank N.V., established in 1962, is a full-service commercial bank in Aruba and a subsidiary of Maduro & Curiel’s Bank N.V.
Where is Volkskredietbank located?
Volkskredietbank van Aruba is located in Oranjestad, Aruba, serving local banking needs.
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