Asprofin Bank Corporation

Asprofin Bank Corporation
TypeC Corporation
IndustryFinancial services
FoundedAugust 23, 2012 (2012-08-23) in Roseau, Dominica
Headquarters
Roseau
,
Dominica
Products
Number of employees
100 (2024)
Websiteasprofinbank.org

Asprofin Bank Corporation, known as Asprofin Bank, is a Dominican private bank based in the Commonwealth of Dominica with operations spanning Asia, the United States, the United Kingdom, and the European Union. Founded in 2012, the institution offers a range of financial services including consumer, business, and Institutional banking, along with funds management, investment advisory, and broking services.

History

Asprofin Bank Corporation was founded on 23 August 2012 in Roseau, Dominica, as a C-Corporation.[1] The bank is supervised by the Financial Services Unit of the Commonwealth of Dominica[2] under section 5 of the Offshore Banking Act No. 8 of 1996, which permits global offshore banking operations.[3] In 2013, the Ministry of Finance licensed Asprofin Bank Corporation to expand its global offshore banking business.[4]

On 10 January 2022, Asprofin Bank received membership approval to join the Caribbean Section of International Banking Association, aligning itself with other cooperative banks in the region such as Arton Bank Corporation and the Commonwealth Bank.[5]

Core business

Asprofin Bank offers a diverse suite of financial products and services. Its core operations include commercial and investment banking, consumer banking, and a variety of products tailored to both individual and corporate clients.

References

  1. ↑ "Asprofin Bank Corporation - LEI: 9845007F66BCEC5OE706". Bloomberg LEI. Retrieved 25 February 2025.
  2. ↑ "Home - Financial Services Unit (FSU)". Financial Services Unit of the Commonwealth of Dominica. Retrieved 4 January 2024.
  3. ↑ "Laws - Government of Dominica Web Portal". Dominica Government. Retrieved 6 January 2025.
  4. ↑ "Offshore Bank Entities". Financial Services Unit. Retrieved 5 January 2025.
  5. ↑ "Members". International Banking Association (Caribbean). 10 December 2019.
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