ORCO BANK ACQUIRES LOAN PORTFOLIO MEESPIERSON

Spigt Dutch Caribbean legal counsel to purchaser

On 22 November 2013 Orco Bank acquired the loan portfolio of ABN AMRO Bank’s subsidiary MeesPierson in Curaçao. ABN AMRO decided earlier this year that for strategic reasons it would end its private banking business in Curaçao.

Martijn Welten and Dinesh Mishre of Spigt Dutch Caribbean assisted Orco Bank in this acquisition from initial negotiations, up to the obtaining of the permission of the Central Bank of Curaçao & Sint Maarten and finally the closing.

For more information you may contact Dinesh Mishre at dinesh.mishre@spigtdc.com or +599 9 4618700 ext 34.

(24 November 2013)

See also “Clienten MeesPierson naar Orco” (Antilliaans Dagblad, 25 November 2013)

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