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Netherlands Antilles Bank Selects Bermuda Company To Enhance E-Commerce Capabilities

Lisa Ugur, Tax-news.com, London

09 January 2001

First Atlantic Commerce Ltd, the Bermuda-based provider of global e-commerce solutions, has joined forces with Maduro and Curiel’s Bank NV (MCB), the largest commercial bank in the Dutch Caribbean with 31 branches on Curaçao, Aruba, Bonaire, St. Maarten and St. Eustatius.

MCB has a strong presence in insurance brokerage, underwriting and loss adjustment; portfolio management and investment services, private banking and offshore trust and corporate management services, and has already developed a considerable e-commerce focus. The partnership with First Atlantic will enhance MCB's e-commerce offerings.

Managing director of MCB, Ron Gomes Casseres, said: 'We are pleased to be building our e-commerce offering with enhanced products and services, to answer the ever-changing needs of the industry. Adding First Atlantic Commerce’s technology to our infrastructure allows us to compete with e-commerce banks and jurisdictions around the globe.'

Andrea Wilson, chief executive officer of First Atlantic Commerce commented: 'First Atlantic Commerce is pleased to be assisting Maduro & Curiel’s Bank with their e-commerce initiative, and to further promote the Netherlands Antilles as an e-commerce jurisdiction. MCB joins a distinguished list of innovative banks worldwide which are leading the way in the e-commerce economy.'

For its part, First Atlantic is forging ahead with plans to set up an e-business consultancy division for the banking sector in Latin America and the Caribbean. It is in response to demand from banks in the region, and is due to be open for business early in 2002.

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Tags: Curaçao

 






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