Maduro & Curiel's Bank Company Profile and History

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Maduro & Curiel's Bank has a rich history that spans over 140 years. Founded in 1889 by Pedro José Curiel and his brother, the bank has been a cornerstone of the financial industry in Curaçao.

The bank's early success can be attributed to its focus on providing banking services to the local community. Its commitment to serving the needs of its customers has remained a core value throughout its history.

From its humble beginnings, Maduro & Curiel's Bank has grown to become one of the largest and most respected banks in the Caribbean. Its reputation for stability and reliability has made it a trusted partner for businesses and individuals alike.

Bank Information

Maduro & Curiel's Bank, established in 1910, is a significant financial institution in the Dominican Republic.

The bank has a presence in the country's main cities, including Santo Domingo and Santiago.

It offers a range of financial services, including personal and business banking, loans, and investment products.

The bank's headquarters is located in Santo Domingo, the capital city of the Dominican Republic.

SIC Code for Bank

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The SIC code for a bank can be a bit tricky, but it's actually quite straightforward. The SIC code for Maduro & Curiel's Bank is 602, 60.

Maduro & Curiel's Bank is a great example of how SIC codes can vary. This is because some banks may have multiple SIC codes depending on their specific business activities.

Bank NV Location

Maduro & Curiel's Bank NV is based in Amsterdam, North Holland.

Rabobank is a major bank in the Netherlands, but we don't have information on its branch count.

ABN AMRO Bank NV has a significant presence in the country, but we don't have details on its branch locations.

Maduro & Curiel's Bank NV has 17 branches, but that's all we know about its branch count.

Leadership

Lionel "Chicu" Capriles II has been serving as President and Chief Executive Officer (CEO) of Maduro & Curiel's Bank for nearly two decades.

Chicu has expressed his intention to step down within the foreseeable future, allowing the Supervisory Board to identify a successor to lead the MCB Group into its next chapter.

Close-Up View of Logo With Horse
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The Supervisory Board has started the search for the next President and CEO of MCB, recognizing the importance of finding the right leader.

Islay McGlynn, chair of the Supervisory Board, notes that Chicu has remained committed to upholding the family values that have been synonymous with the Bank since its inception in 1916.

Michael de Sola is the Managing Director of Maduro & Curiel's Bank.

Here's an interesting read: Banks Board Bureau

Who Is the Managing Director?

Leadership is all about having the right person in the right position. Michael de Sola is the Managing Director of Maduro & Curiel's Bank.

Having a strong leader can make all the difference in a company's success. Michael de Sola is the Managing Director of Maduro & Curiel's Bank.

A good leader knows how to motivate their team and make tough decisions.

Announces Leadership Transition

Maduro & Curiel's Bank is going through a significant change with the announcement of an upcoming leadership transition. The bank's President and CEO, Lionel "Chicu" Capriles II, has expressed his intention to step down within the foreseeable future.

Credit: youtube.com, How Do You Announce A Change In Leadership?

Chicu has been leading the bank for nearly two decades, serving for almost 33 years in total. He will continue to work for the bank with full commitment in the interest of a smooth transition to his successor.

The Supervisory Board is actively engaged in identifying a successor to lead the MCB Group into its next chapter. They are seeking a candidate who embodies the bank's family values, is committed to the economies and communities of the Dutch Caribbean islands, and has the skills to lead the bank into the future.

Islay McGlynn, chair of the Supervisory Board, notes that the bank has continued its strong growth trajectory under Chicu's leadership. The Board's priority is to ensure a seamless transition that maintains the bank's longstanding tradition of stability, excellence, and service.

The Supervisory Board has initiated a thorough and well-planned succession process with an announcement expected in the next twelve months.

Employees

Maduro & Curiel's Bank has a long history of employing talented individuals.

Credit: youtube.com, Maduro & Curiels Bank - Bandabou tour video

The bank's early success was largely due to the skills and dedication of its employees, who were instrumental in establishing the institution's reputation.

In 1889, Maduro & Curiel's Bank was founded by two entrepreneurs, Manuel José Curiel and Rafael Antonio Maduro, who brought a wealth of experience and expertise to the venture.

Their vision for the bank was to provide high-quality financial services to the people of Curaçao, and they worked tirelessly to build a team of skilled professionals who shared their vision.

The bank's employees were highly trained and knowledgeable about the local economy, which enabled them to provide expert advice and guidance to their clients.

Maduro & Curiel's Bank has a strong tradition of promoting from within, with many employees rising through the ranks to become leaders in the organization.

Today, the bank continues to attract top talent from across the region, and its employees remain committed to upholding the high standards of service and expertise that have made the bank a trusted institution.

Bank Details

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Maduro & Curiel's Bank was founded in 1889 in Curaçao, Netherlands Antilles, and was one of the oldest banks in the Caribbean.

The bank's headquarters was located in Willemstad, Curaçao, and had a long history of providing financial services to the local community.

Maduro & Curiel's Bank had a strong presence in the Caribbean, with branches in various islands, including Aruba and Bonaire.

Naics Code for Banks

Maduro & Curiel's Bank has a NAICS code of 52211, 522, 5221, 522110, and 52.

The NAICS code 52211 specifically identifies it as a commercial banking industry.

In the US, the NAICS code 5221 is used for commercial banks.

Annual Revenue

The annual revenue of a bank is an important metric to consider when evaluating its financial health.

Maduro & Curiel's Bank NV, with 17 branches, reported an annual revenue of $239.2 million in 2025.

This figure highlights the bank's significant revenue stream.

Group

Maduro & Curiel's Bank has a diverse group of affiliated companies.

Low angle of diverse elegant women with identity badges working in government office and discussing building in town
Credit: pexels.com, Low angle of diverse elegant women with identity badges working in government office and discussing building in town

The bank's group includes Maduro & Curiel's Bank N.V., which is a prominent bank in the region.

One of the notable companies in the group is Caribbean Mercantile Bank N.V.

Caribbean Factoring Services B.V. is another important member of the group.

Here's a list of some of the companies that make up Maduro & Curiel's Bank group:

  • Maduro & Curiel's Bank N.V.
  • Caribbean Mercantile Bank N.V.
  • Maduro & Curiel's Bank (Bonaire) N.V.
  • The Windward Islands Bank Ltd.
  • MCB Risk Insurance N.V.
  • Maduro & Curiel's Insurance Services N.V.
  • Progress N.V.
  • MCB Securities Administration N.V.
  • Caribbean Factoring Services B.V.
  • FactorPlus Aruba N.V.
  • FactorPlus Sint Maarten N.V.

Top Employees

Maduro & Curiel's Bank has a long history of exceptional leadership, and their top employees have played a significant role in shaping the bank's success.

One notable employee is José Manuel Curiel, who was a key figure in the bank's early years and helped establish its reputation as a trusted financial institution.

The bank's commitment to excellence has been a hallmark of its success, and it's no surprise that top employees like Curiel have been instrumental in driving this mission forward.

Another notable employee is Rafael Curiel, who served as the bank's director and played a crucial role in its growth and expansion.

The bank's dedication to its employees has been a key factor in its success, and it's clear that leaders like Curiel were valued and respected for their contributions.

Here's an interesting read: Is Key Bank a Good Bank

Frequently Asked Questions

Who is the CEO of Maduro and Curiel's bank?

Our CEO is Lionel (Chicu) Capriles, also known as the President of Maduro and Curiel's bank

Where is Maduro and Curiel's bank headquarters?

Maduro & Curiel's Bank's headquarters is located in Willemstad, Curaçao, as part of the MCB Group of companies.

Angel Bruen

Copy Editor

Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

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