Pension cuts loom if Ansary does not pay, CBCS-director Jardim says

WILLEMSTAD — The pensions that are insured by ENNIA are at risk. José Jardim, the financial-economic director of the Central Bank of Curacao and St. Maarten (CBCS) said on the last day of Hushang Ansary’s appeal against his 2021-conviction that the CBCs will have to decrease current and future pensions considerably if Ansary and his co-defendants More...

by The Publisher | Published 2 weeks ago
By The Publisher On Friday, March 17th, 2023

Digital banking is taking the world by storm

PHILIPSBURG — The banking industry is in the middle of a digital revolution that will affect banking in never before seen ways. Policy Officer Farah de Haas and Information Risk Officer Marc Kross examined More...

By The Publisher On Wednesday, March 15th, 2023

Former director Andraous joins the fight against ENNIA

PHILIPSBURG — Former ENNIA-director Abdallah Andraous has followed Nina Ansary’s example in an attempt to get away from paying 237.2 million guilders ($132.5 million) in damages to his former employer. Attorney More...

By The Publisher On Friday, March 3rd, 2023

Ansary announces he is ready to abide by billion-dollar court ruling

WILLEMSTAD — Parman international BV and its majority shareholder Hushang Ansary want to put a stop to the lawsuit brought against them by the Central Bank of Curacao and St. Maarten. In a letter addressed More...

By The Publisher On Tuesday, January 31st, 2023


~ Bank hailed for its great strides in offering digital banking, e-products and services ~ Bridgetown, Barbados, 31 January 2023. CIBC FirstCaribbean has copped another prestigious award for the great strides More...

By The Publisher On Sunday, January 22nd, 2023

Nina Ansary files lawsuit against Central Bank

PHILIPSBURG — Nina Ansary, the 56-year old daughter of Hushang Ansary has filed a complaint at the US District Court for the District of Columbia in an effort to protect her multi-million 15.9 percent stake More...

By The Publisher On Wednesday, December 21st, 2022

Central Bank examines effect of inequality on economic growth

PHILIPSBURG – The Economic Bulletin of December 2022 of the Central Bank of Curacao and St. Maarten contains an article about the effect of inequality on economic growth. The bank writes that this topic warrants More...

By The Publisher On Saturday, October 8th, 2022

Ansary loses legal fight for Mullet Bay

PHILIPSBURG — Hushang Ansary’s attempt to regain control of Sun Resorts and thereby of Mullet Bay has failed. The Court in First Instance ruled on Friday that Ennia Caribe Investments is the lawful owner. The More...

By The Publisher On Thursday, October 6th, 2022

Brison addresses right to bank account during IPKO

PHILIPSBURG — MP Rolando Brison addressed the right to having a basic bank account during the recent meeting of the Inter-Parliamentary Kingdom Consultation (IPKO), but it remains unclear what he achieved More...

By The Publisher On Friday, September 2nd, 2022

Law office loses fight for Dutch bank account

AMSTERDAM – ABN AMRO is entitled to terminate the Dutch bank account of VapEps, a law office established in Curacao with offices in Curacao, Aruba, Bonaire, Sint Maarten and the Netherlands. VanEps wanted More...