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About Us · Who We Are
History & Overview
Founded 9 December 1985, The Bank of Nevis has spent four decades serving Nevis and St. Kitts - and we plan to be here for the next four.
Improving the Quality of Life · since 1985
40 years of community banking in the Federation.
The Bank of Nevis Limited (BON) commenced operations on 9 December 1985, two years after the devolution of significant powers to the Nevis Island Administration under the new independence constitution of the Federation of St. Christopher and Nevis.
The Bank was created out of a desire to provide banking services to the local community.
40
Years of service
$522M
Total assets (2020)
$82M
Capital resources
2001
Listed on ECSE
Milestones
Our journey, year by year.
From a five-person staff and EC$250,000 of capital, to the trusted bank of the Federation.
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1985
Bank of Nevis founded
Opened 9 December 1985 with simple accommodation, a staff of five, and capital of approximately EC$250,000. Five banks already competed in the local market.
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2001
First to list on the ECSE
BON became the first bank to list its shares on the Eastern Caribbean Securities Exchange, and was licensed as a Broker Dealer / Intermediary.
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2006
ECCB governance guidelines adopted
The Board adopted the ECCB's Guidelines on Corporate Governance for licenced banks under the Banking Act.
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2015
Banking Act 2015 compliance
Full alignment with the Banking Act, 2015 (as amended) - fit-and-proper standards applied across the Board and senior management.
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2020
EC$522M in assets
Capital resources grew to over EC$82.3M and total assets to over EC$522.5M as at 30 June 2020.
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2024+
Modernisation
Multi-year investment in core banking, MyBON digital banking, refreshed Visa programmes, and resilience & cybersecurity programmes.
Our motto
"Improving the Quality of Life"
A reminder of the ongoing contribution that the Bank makes to the overall development of Nevis and the entire Federation.