Scotiabank in St. Maarten

As Canada’s most international bank, Scotiabank has been operating in St. Maarten since 1969. Our branch in Philipsburg offers a complete range of retail and commercial banking services - including online banking and electronic cash management.

Scotiabank officially opened its first branch in St. Maarten on November 2nd 1969, at 59 Back Street, directly across from where the Philipsburg branch is currently located. A journey through documents from back then revealed that the financial institution started off with just eight employees. The doors were officially opened by Paul MacDonald, Scotiabank’s first manager in St. Maarten, and Peter Van Laren, its first accountant (Operations Manager).

Establishing roots in St. Maarten signified Scotiabank’s unwavering faithfulness to the island and the Caribbean. Scotiabank’s relationship with the region had already been established in 1889 when it opened its Jamaica branch: the first Canadian bank to open its doors in the region.

On September 10th, 1983 a new 8,000 square-foot head office across the street from the initial building on Back Street was opened with much fanfare. Lt. Governor Ralph Richardson and Scotiabank’s Regional Manager Gorden Tattrie were among the dignitaries who joined then-Scotiabank St. Maarten Manager W.G. Carson at the event. At that time Scotiabank employed 30 people.

Five years later, the building was expanded: an indication of Scotiabank’s growth potential in St. Maarten. In the 1890s the building was expanded yet again. Branches also opened at Carib Lumber Park and in Simpson Bay. The number of staff grew to more than 60 people. The Country Manager was Peter van Schie.

Scotiabank St. Maarten offered the people of St. Maarten a new way of banking with the introduction of Chequing Accounts with statements. The bank was also the first to introduce promotional products encouraging customers to buy its new and innovative services.

We’re a strong supporter of various community initiatives and our charitable contributions range from sports programmes to education and arts and culture.

Our Mission

We’re committed to being your financial institution of choice by providing comprehensive products and services, and being a good corporate citizen by supporting the community where we live and do business.

Our Strengths

  • Risk Management
  • Diversification
  • Productivity
  • Customer Service