Top 10 Employers in The British Virgin Islands (BVI)

1. CITCO Group

The CITCO Group is a worldwide group of independent financial service providers, and is comprised of international banks, trust and fund services companies. They rank in top 1000 global Fortune lists of companies. CITCO operate in funds administration, banking, fund trading, financial products and trust planning solutions. CITCO has over 4000 staff in around 37 countries. CITCO B.V.I. Limited is located in Tortola, and provides corporate trust and administration services.

2. First Caribbean International Bank

First Caribbean International Bank is the largest bank in the English speaking Caribbean. The Bank has over 3,500 staff; 66 branches, 22 banking centres, and seven offices in 17 regional markets, serving 550,000 active accounts. First Caribbean International Bank’s main branch in BVI is located at Tortola, and in total they have two branches, six ABMs (Automatic Bank Machines) and a Wealth Management Centre in the British Virgin Islands. First Caribbean International Bank in BVI offered service included in Wealth management, Investment, Corporate banking and personal banking.

3. Banco Popular

Banco Popular is the third largest banking group in Spain, and also is currently the largest bank in Puerto Rico, and largest Hispanic bank in the United States. Banco Popular is one of the top 100 banks nationwide and 670th on the fortune Global 1000 lists of companies. Banco Popular has over 13,210 employees around the worldwide. As the leading financial institution in Puerto Rico, Banco Popular offers retail and commercial banking services, auto and equipment leasing and financing, mortgage loans, consumer lending, investment banking, and broker-dealer and insurance services. Banco Popular has four credit centres and three mortgage centres, they are located in the US and Road Town, Tortola in the British Virgin Islands. It is also considered to be one of the most top-rated banks in the world, with a customer base that grows each year.

4. ScotiaBank

Scotiabank is the third largest bank in Canada by deposits and market capitalization in 50 countries, in Brithish Virgin Islands and also ranks at number 120 on the Forbes Global 2000 listing. It has 2,000 branches and 69,000 employees around the world. In British Virgin Island, ScotiaBank is located at Road Town, Tortola. Scotiabank and its affiliates offer a broad range of products and services, including retail, commercial, corporate and investment banking to individual, small and medium-size businesses, corporations and governments across Canada and around the world,  dealing with more than 12.5 million customers.

5. First Bancorp

First BanCorp is the second-ranked financial holding company in puerto Rico, and a leader institution in the US Virgin Islands and among the top 50 financial institutions in the United States. It operates through a network of 69 branches and more than 150 financial services offices in Puerto Rico, the British Virgin Islands, American VI and Florida.  As a diversified company, First BanCorp provides auto lease financing and insurance services offer personal, commercial and corporate banking services through FirstBank, FirstMortgage, FirstBank Insurance Agency, First Express, First Leasing, First Truck & Car Rental and Money Express. Its main subsidiary, FirstBank is a business and consumer financial Services Company with approximately 3,000 employees, in the British Virgin Island, FirstBank is located at Road Town Tortola. It is offering banking services, trust and brokerage services, and various types of loans. It has a first-rate team of professionals who constantly surpass the expectations of its clients by offering excellent service.

6. VP Bank

The VP Bank Group is an internationally active, Liechtenstein-based private bank, with more than a half-century of experience in private banking. Its headquarters at Aeulestrasse 69490 Vaduz in Liechtenstein, the VP Bank Group also has subsidiaries in Zurich, Luxembourg, Singapore and Tortola VG-British Virgin Islands, asset management companies in Munich, Dubai and Hong Kong, as well as representative offices in Moscow and Hong Kong. Approximately 730 employees throughout the world appreciate the intimate working environment and the constructive teamwork at all of the Group’s locations. As a global niche player, VP Bank provides high-quality range of services, such as Basic services, proactive client advice and custodian bank tasks that involves in all aspects of asset management and investment advice.

7. TridentTrust

TridentTrust is the leading independent provider of corporate, trust and fund services to the financial services sector worldwide. With 26 offices in 20 countries, TridenTrust is consistently ranked among the top third party offshore fund service providers. In British Virgin Island, TridentTrust office is located at Tortola which is the largest and most populated of the British Virgin Island. TridentTrust offers a range of services that extends from traditional corporate domicile representation to the administration of complex trust and fund structures. Its clients include more than half of the world’s largest banks and brokerage firms, leading law and accounting firms and high net-worth individuals and their families.

8. Blenheim Trust (BVI) LTD

Blenheim Trust (BVI) Limited is one of the oldest established trust companies licensed in the British Virgin Islands, it is located in the main Island, Tortola which is the financial and commercial centre of BVI. Blenheim Trust holds a Class 1 General Trust licence to provide a comprehensive range of quality trust, mutual funds, captive insurance, corporate, management, accounting and other fiduciary services designed to meet client’s financial planning needs. The Blenheim Trust is committed to high standards of service and integrity. The company is regulated and supervised by the British Virgin Island Financial Services Commission and is a member of the professional body of the Association of Registered Agents.

9. AMS Group

The AMS Group has been providing a wide range of fiduciary services of the highest standard from company formations, trustee and corporate services through to captive insurance management and registration as well as a range of mutual fund services around the world. The head office of the AMS Group is in the British Virgin Islands, where it has figured prominently in the success of the BVI as an offshore jurisdiction, it now also has offices in Hong Kong, London, Luxembourg and Nevis. Clients can be assured of professional, confidential and comprehensive service at all times by the network of AMS Group staff, which includes qualified lawyers, accountants, and corporate secretarial and trustee officers.

10. ARIFA Offshore Services

ARIFA is one of the world’s premier offshore services providers. With more than 50 years of experience, it operates its own network of fully-integrated trust and company agent offices in Panama, London, Luxembourg, Geneva, Hong Kong, the British Virgin Islands and Belize. It is one of the leading and most respected names in the offshore business. AFIFA serves clients in over 100 countries, ARIFA offers a wide range of offshore solutions, including: company, foundation and trust formation services; director and trustee services; offshore funds structuring and other ancillary services, in key offshore jurisdictions.