Orco Bank
Orco Bank N.V. is a private Caribbean commercial bank founded in 1986 and headquartered in Curaçao. Operating across Curaçao, Bonaire, and Sint Maarten, it provides personal, platinum, and business banking — including accounts, credit cards, loans, insurance, and digital banking — to residents, non-residents, and corporate clients.
- Company typePrivate
- Founded1986
- HeadquartersCuracao, Costa Rica
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Orco Bank does
Orco Bank N.V. is a privately held commercial bank incorporated in Curaçao, founded in 1986 (previously operating as Aruba Bank) and headquartered in Willemstad, Curaçao. The bank provides a full range of personal, platinum, and business banking services across three Caribbean islands: Curaçao, Bonaire, and Sint Maarten. Its customer base spans residents, non-residents, individuals (including minors with caregivers), small businesses, corporations, and high-net-worth platinum clients, served through physical branches, multiple ATM locations, contact centers operating extended hours, and digital channels.
Orco Bank firmographics
Firmographics- Name
- Orco Bank
- Legal name
- Orco Bank N.V.
- Website
- https://orcobank.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Orco Bank N.V. is a private Caribbean commercial bank founded in 1986 and headquartered in Curaçao. Operating across Curaçao, Bonaire, and Sint Maarten, it provides personal, platinum, and business banking — including accounts, credit cards, loans, insurance, and digital banking — to residents, non-residents, and corporate clients.
- Ownership category
- akta.pro rank
Orco Bank industry classification
Industry- Product category
- Retail and Commercial Banking
- NAICS
- Commercial Banking (52211)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Account & Balance Services (Operating accounts, statements, eBAM) (FSABAIAD)
Keywords
Where Orco Bank is headquartered
LocationHeadquarters
- HQ city
- Curacao
- HQ country
- Costa Rica
- HQ region
- Latin America
Offices3 records
Markets served
Orco Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Interest Income: Orco Bank generates revenue primarily through interest earned on loans and credit facilities provided to personal and business customers, including mortgages, auto loans, and other credit products.
- Banking Service Fees: Monthly administration fees for personal and business accounts, with different rates for resident and non-resident customers. Fees vary by account type and currency.
- Transaction Fees: Fees charged for local transfers, international transfers, ATM withdrawals, cash deposits, and other banking transactions. Fee structures differ between Curaçao, Sint Maarten, and Bonaire operations.
- Credit Card Fees: Annual membership fees for Visa credit cards (Classic, Gold, Platinum, Business), cash advance fees, replacement fees, and statement fees.
- Orco Bank Online Fees: Monthly charges for business accounts using Orco Bank Online, with tiered pricing based on number of accounts. Individual accounts receive free access.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Personal Resident Current Account - Monthly administration fee |
| Subscription | Monthly | Personal Non-Resident Current Account |
| Subscription | Monthly | Business Account Monthly Administration |
| Subscription | Annual | Visa Credit Card Membership Fees |
| Transaction based/ take rate | Pay-as-you-go | Local Transfers via OBO/App |
| Transaction based/ take rate | Pay-as-you-go | International Transfers |
| Subscription | Monthly | Orco Bank Online Business Monthly Charges |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels5 records
Orco Bank product offering
Product offeringCore offering
Orco Bank provides retail and commercial banking services across Curaçao, Bonaire, and Sint Maarten. It offers current and savings accounts, credit cards, personal and business loans, mortgages, bank guarantees, insurance, and digital banking platforms (web and mobile app). The bank serves personal, platinum (premium), and business customer segments with multi-currency capabilities in XCG, USD, EUR, and AWG.
Differentiator
Problem solved
Functional benefit
Brands
- Sentoo.me: Peer-to-peer (P2P) payment platform enabling person-to-person payments in Curaçao, Bonaire, and St. Maarten. Allows users to send payment requests safely and instantly to friends or family.
- Orco Bank Online
- Orco Bank App
- Orco Cares
Quantifiable outcome
- Over 6,000 participants in community events like Ride for the Roses
- +1 more outcomes
Companies that use Orco Bank
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
Orco Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature5 records
Orco Bank partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Auto City, Crown Automotives, Ultimate Automobiles, and 11 other dealershipscoreOrco Bank partnered with 14 local dealerships for the Top Deals Saliña Edition and AutoXperience car sales events. Partner brands included Honda, Chevrolet, Isuzu, Suzuki, Mitsubishi, Hyundai, Ford, BMW, MINI, and BYD, offering customers exclusive financing with up to 100% financing, 7-year repayment terms, and competitive interest rates.
- Qredits Microfinanciering CuraçaocoreOrco Bank signed a strategic agreement with Qredits Microfinanciering to introduce the BeYourOwnBoss educational program into local high schools in Curaçao. The partnership sponsored 200 licenses for the 2025-2026 school year, encouraging students to explore entrepreneurship at an earlier stage. The agreement was signed by Managing Director Gijsbert Turkenburg and Head of Retail Banking Abigail Paula alongside Qredits representatives.
- Auto CitycoreOrco Bank partnered with Auto City for the 'Drive the Easy Way' car sales event, offering exclusive financing options and discounts on vehicles including Honda, Chevrolet, Isuzu, Suzuki, and Mitsubishi models. The partnership provided up to 100% financing with on-the-spot approvals.
- SentoocoreOrco Bank partnered with Sentoo to introduce Sentoo.me for person-to-person (P2P) payments in Curaçao, Bonaire, and St. Maarten. The service allows users to send payment requests safely and instantly to friends or family and receive payments directly through the Orco Bank App.
- Qredits BonairecoreOrco Bank extended its partnership with Qredits Bonaire into 2024 for the BeYourOwnBoss (BYOB) Program, empowering young entrepreneurs in Bonaire through entrepreneurship education.
- CIBC First CaribbeancoreOrco Bank agreed to acquire the majority of CIBC First Caribbean's banking portfolio in Curaçao and Sint Maarten in a major expansion move. The acquisition was contingent upon regulatory approval by the Central Bank of Curaçao and Sint Maarten (CBCS) and marked a significant growth milestone for Orco Bank.
- Motorworld Sint MaartenminorOrco Bank participated in Motorworld's Christmas Car Show Celebration in Sint Maarten, engaging with customers and sharing information about banking and financing options during the holiday season.
- Holiday Occasions (Roosevelt Center)minorNew ATM location at Roosevelt Center in St. Maria, Curaçao, next to Holiday Occasions, providing around-the-clock access to banking services in a busy commercial area.
- Star MotorsminorOrco Bank and Star Motors celebrated a successful auto show event, providing financing options for customers purchasing vehicles.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Orco Bank competitors and assessment
Company assessmentDirect peers
- Maduro & Curiel's Bank (MCB): The largest commercial bank in Curaçao, providing retail, business, and offshore banking across the Dutch Caribbean. Most direct competitor to Orco Bank in the home Curaçao market and on neighboring islands.
- FirstCaribbean International Bank: CIBC subsidiary operating retail and commercial banking across the Caribbean. Sold the majority of its Curaçao and Sint Maarten portfolio to Orco Bank in 2024, and remains a direct competitor in those and other Dutch Caribbean markets.
- Banco di Caribe: Curaçao-based commercial bank offering retail, business, and corporate banking in the Dutch Caribbean. Closely comparable in size, geography, and product set to Orco Bank.
- Aruba Bank: Direct Dutch Caribbean peer bank operating in Aruba with retail, business, and online banking products. Highly comparable in market position, regulatory environment, customer base, and product structure to Orco Bank (which was originally the Aruba Bank brand).
Broad incumbents
- RBC Royal Bank (Caribbean): Royal Bank of Canada's Caribbean franchise operating full-service retail and commercial banking across multiple Caribbean islands. Overlaps with Orco on the Dutch Caribbean islands and competes for non-resident and corporate customers.
- Scotiabank Caribbean: Bank of Nova Scotia's Caribbean operations offering retail, commercial, and wealth banking across the region. Competes with Orco for personal, business, and platinum customers in the Dutch Caribbean and broader Caribbean diaspora.
- Republic Bank (Trinidad and Caribbean): Trinidad-headquartered commercial bank with retail and corporate operations across the Caribbean. Comparable in offering personal, business, and commercial banking; competes in the broader Caribbean market for similar customer segments.
Regional players
- BRED Bank (Caribbean): French-cooperative-affiliated bank operating in the Dutch Caribbean, particularly in Sint Maarten/St. Martin. Comparable retail and business banking offerings and competes with Orco on the same island.
- Windward Islands Bank (WindBank): Regional commercial bank serving the Windward and Dutch Caribbean islands with personal and business banking. Similar product set, customer profile, and island-market dynamics to Orco Bank.
- Cayman National Bank: Independent Caymanian commercial bank providing retail, business, and wealth services in the Caribbean. Similar in being an independent, non-multinational Caribbean bank with comparable customer profile and product mix.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Orco Bank social profiles
Digital presenceOrco Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Orco Bank leadership team
Management profileNumber of profiles
Profiles8 records
Orco Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Orco Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Orco Bank
What does Orco Bank do?
Orco Bank provides retail and commercial banking services across Curaçao, Bonaire, and Sint Maarten. It offers current and savings accounts, credit cards, personal and business loans, mortgages, bank guarantees, insurance, and digital banking platforms (web and mobile app). The bank serves personal, platinum (premium), and business customer segments with multi-currency capabilities in XCG, USD, EUR, and AWG.
Is Orco Bank a public or private company?
Orco Bank is a private company. It is classified as unknown and is currently operating.
When was Orco Bank founded?
Orco Bank was founded in 1986. It employs 51 to 100 people.
Where is Orco Bank based?
Orco Bank is headquartered in Curacao, Costa Rica, in the Latin America region.
How does Orco Bank make money?
Five revenue lines are on record. Interest Income is the primary driver. The others are banking Service Fees, transaction Fees, credit Card Fees and orco Bank Online Fees.
Who are Orco Bank's main competitors?
Direct peers on record are Maduro & Curiel's Bank (MCB), FirstCaribbean International Bank, Banco di Caribe and Aruba Bank. Broad incumbents are RBC Royal Bank (Caribbean), Scotiabank Caribbean and Republic Bank (Trinidad and Caribbean). Regional players are BRED Bank (Caribbean), Windward Islands Bank (WindBank) and Cayman National Bank.
Does Orco Bank have an API?
No public API is recorded for Orco Bank.
What industry is Orco Bank in?
Orco Bank's product category is Retail and Commercial Banking. Its primary akta.pro industry code is FSABAIAD, Account & Balance Services (Operating accounts, statements, eBAM). Its NAICS code is 52211 and its SIC code is 6021.