Some years ago, the dream of a group of Montserratians to open Montserrat’s first indigenous commercial bank became a reality. On the 3rd May 1988, following the incorporation as a limited liability company, the Bank of Montserrat Limited was born.

With a population of approximately 11,000 people, there were three (3) other commercial banks operating on the island at the time but Montserratians were proud to have their own bank and responded positively and enthusiastically, placing their hard earned money in the bank and getting the institution off to an excellent start.