The Curacao Island

History

Maduro’s Bank was the first commercial bank to establish in the Netherlands Antilles, opening its doors on January 2, 1917 in the capital city of Curaçao, Willemstad. The establishment of the Shell Oil Refinery on the shores of the island’s great natural harbor, combined with the opening of the Panama Canal, made Willemstad a busy port on the world shipping routes. The resulting business expansion made then existing banking methods obsolete, for at that time financial transactions were handled by merchants and exchange houses.

Realizing the need for improved banking facilities, the founder, Mr. Joseph Alvarez Correa, fondly known as Shon Jojo, in association with the well-known trading company S.E.L. Maduro & Sons NV, opened the doors of Maduro’s Bank with an initial capital of ANG 1,000,000.- (the Netherlands Antilles guilder now equals approximately US$ 0.56). In 1932 Maduro’s Bank merged with Curiel’s Bank and Maduro & Curiel’s Bank was born.

Since 1970, MCB has been associated with The Bank of Nova Scotia of Toronto, Canada.

With 31 branches on Curaçao, Aruba, Bonaire, St. Maarten and St. Eustatius, MCB is the largest commercial bank in the Dutch Caribbean. Through the past eight decades, Maduro & CUriel’s Bank has also grown in many areas of non-banking financial services including insurance brokerage, underwriting and loss adjustment, in portfolio management and investment services, private banking, and in offshore trust and corporate management services.

Bankomatiko and credit cards

Using the Bankomatiko ATM is a fast, easy, and efficient way to do many banking transactions. Withdraw up to NAfl 1800,- or equivalent in USD in cash per day from current or savings accounts with a maximum of Naf. 1000,- per withdrawal. Request a checkbook, transfer money from one account to another, make deposits, pay utility bills, or simply make a balance inquiry. Request a mini-statement of the last ten transactions on your account.

Access cash withdrawal services by using the MCB Group’s Bankomatiko card or by using VISA, MasterCard and Kompa Leon credit cards or any card with a Cirrus, Maestro or Plus logo.

Bankomatiko/Maestro is the first on-line, international debit card in the Caribbean. The Bankomatiko card is a debit card. Use the Bankomatiko card in all establishments worldwide that have the Maestro logo. It can be used locally in many supermarkets, pharmacies, gas stations, and restaurants.

Bankomatiko ATMs are located throughout the Netherlands Antilles, Aruba, and around the world. With the Bankomatiko card, withdraw cash from more then 350,000 ATMs in 68 countries that bear the Cirrus and/or Maestro logo including more than 100 in the Netherlands Antilles and Aruba. Visit www.mastercard.com for Cirrus/Maestro ATM sites around the world.

Other credit cards available are:

Kompa Leon Efektivo

which can be used for every day purchases and payments and is safer than paying with cash. Kompa Leon Efektivo is accepted at over 4000 merchants and at all PAGOmatiko terminals in the Netherlands Antilles and Aruba.

Maduro & Curiel’s Bank AAdvantage Visa Card

earns 1 mile for every US$ spent on purchases. It is accepted worldwide at more than 21million locations worldwide, including Netherlands Antilles & Aruba.

Maduro & Curiel’s Bank AAdvantage Kompa Leon Card

earns 1 mile for every NAf. 2,- spent on purchases. It is accepted at merchants in Curaçao, Bonaire and St. Maarten.

MCB American Express Card

with dual Currency Purchases. Purchase in NAf at MCB-groups merchants in the Netherlands Antilles and in US$ outside the Netherlands Antilles. Pay in NAf for purchases in NAf and US$ for US$ purchases.

MCB MasterCard

is accepted in more than 30 million establishments worldwide. Cash advances from Bankomatikos and over 900.000 Automated Teller Machines worldwide and all participating banks displaying the MasterCard logo.

Visa Classic Card

is accepted in over 150 countries and 20 million establishments worldwide. Cash advances from Bankomatikos and over 800.000 Automated Teller Machines worldwide and all participating banks displaying the VISA/ or PLUS logo. Includes a Travel Accident Insurance Coverage of US$ 75.000.

Main Offices

Curaçao
Maduro & Curiel’s Bank NV

Plaza Jojo Correa 2 – 4
Curacao
info@mcb-bank.com
www.mcb-bank.com

Aruba
Caribbean Mercantile Bank NV

Caya G.F. Betico Croes 53
Oranjestad, Aruba
nonbanking@cmbnv.com
www.cmbnv.com

Bonaire
Maduro & Curiel’s Bank (Bonaire) NV

Kaya L.D. Gerharts 1
Bonaire
info@mcbbonaire.com
www.mcbbonaire.com

St. Maarten
The Windward Islands Bank NV

Clem Labega Square/Pondfill
Philipsburg – St. Maarten

St. Eustatius
Windward Islands Bank Ltd.

Mazinga Building
Oranjestad – St.Eustatius