Republic Bank close to taking over Scotiabank

Republic Bank logo on building

Port of Spain, Trinidad – Republic Financial Holdings Limited (RFHL) is now one step closer to expanding its reach within the Caribbean region. The Eastern Caribbean Central Bank (ECCB) has approved the application for the transfer of the assets and liabilities of the Bank of Nova Scotia (BNS) to RFHL in Anguilla, the Commonwealth of Dominica, Grenada, More...

by The Publisher | Published 4 days ago
Banco del Orinoco
By The Publisher On Sunday, September 8th, 2019
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Chaos at Banco del Orinoco

~ Central Bank CBCS intervenes with the application of the emergency regulation ~ WILLEMSTAD/PHILIPSBURG — Banco Del Orinoco N.V., established in Curaçao since 1987 as as international bank of Venezuelan More...

Banco del Orinoco N.V.
By The Publisher On Saturday, September 7th, 2019
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Emergency measure for Banco del Orinoco N.V. imposed at the request of the CBCS – UPDATE

WILLEMSTAD, PHILIPSBURG — The Centrale Bank van Curaçao en Sint Maarten (CBCS) was forced, in view of deficiencies at Banco del Orinoco N.V., to petition the Court of First Instance of Curaçao to adopt More...

CBCS Central Bank Head Offce in St. Maarten
By The Publisher On Wednesday, August 28th, 2019
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Change in bond issue on behalf of the Government of the Country of Sint Maarten

Willemstad/Philipsburg – The Centrale Bank van Curaçao en Sint Maarten (CBCS) acts as Agent on behalf of the government of the Country of Sint Maarten to issue the following government bond: Bond of Sint More...

CBCS SXM Headoffice
By The Publisher On Wednesday, August 28th, 2019
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CBCS Annual Report review: Decline in official reserves (Part 3)

Sound policy response needed WILLEMSTAD/PHILIPSBURG – “The deepening current account deficit of the balance of payments of the monetary union and gradual slippage in the gross official reserves require a sound More...

CBCS Central Bank Head Offce in St. Maarten
By The Publisher On Wednesday, August 28th, 2019
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CBCS Annual Report review: Curaçao and Sint Maarten economies contract (Part 2)

Circumstances challenging in 2018 WILLEMSTAD/PHILIPSBURG – “The economic circumstances in the monetary union remained challenging in 2018 with both Curaçao and Sint Maarten recording a contraction,” Centrale More...

CBCS SXM building name
By The Publisher On Wednesday, August 28th, 2019
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CBCS Annual Report review: Central Bank on balanced budget rule (Part 1)

Consolidation is crucial at a calibrated pace WILLEMSTAD/PHILIPSBURG – Acting president of the Centrale Bank van Curaçao en Sint Maarten Bob Traa stated in the Bank’s 2018 Annual Report that one of the challenges More...

Bob Traa avatar pic
By The Publisher On Wednesday, August 21st, 2019
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CBCS Traa during VBC luncheon: Supply side of the economy requires more attention

WILLEMSTAD — During a luncheon of the Curaçao Business Association (“Vereniging Bedrijfsleven Curaçao”), Mr. Bob Traa, acting president of the Centrale Bank van Curaçao en Sint Maarten (CBCS), sparked More...

CBCS Central Bank Head Offce in St. Maarten
By The Publisher On Saturday, June 15th, 2019
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Bob Traa appointed Central Bank president

WILLEMSTAD/PHILIPSBURG — Effective June 13, 2019, Bob Traa has been temporarily appointed by the Supervisory Board (SB) of the Central Bank of Curaçao and St. Maarten (CBCS) as President of the CBCS in anticipation More...

CBCS PSA insurance coverage
By The Publisher On Tuesday, April 23rd, 2019
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Public Service Announcement CBCS

Public Service Announcement provided by the Central Bank of Curacao & St. Maarten. If you have renovated or purchased big-ticket items for your home, then you need to get an appraisal and adjust your insurance More...