Loyal Bank Limited was incorporated in St. Vincent and the Grenadines on the 17th of September, 1997 and was granted the Banking License from IFSA (International Financial Services Authority). Within one year Loyal Bank became a Principal Member of MasterCard International Card Association and a Member of S.W.I.F.T. international inter bank network (LOYAVCVX) At present Loyal Bank has a fully operational Head Office in St. Vincent and a European Representative Office in Budapest, Hungary. All together with support, IT personnel and customer service the total number of employees at present is 60 full time employees. Nowadays, the Bank not only offers private and corporate multi-currency bank accounts with Cirrus/ Maestro or MasterCard debit cards, but international company formation in St. Vincent and in more than 25 different jurisdictions, trust formation and yacht registration in St. Vincent, escrow services, corporate payment system and private banking services as well. We will continue to expand our range of products and services that are in demand on the international market.