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ABN-AMRO pacifies clients in St. Maarten

PHILIPSBURG — The ABN-AMRO bank has temporarily withdrawn its intention to terminate relationships with clients who live outside of the European Economic Area. The measure would have affected account holders in St. Maarten like BZSE-attorney Roeland Zwanikken and other attorneys who bank with ABN-AMRO. In January the bank informed Zwanikken and More...

by The Publisher | Published 2 days ago
By The Publisher On Friday, May 7th, 2021
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US $1.7 million distributed to help restore local small business economy; businesses encouraged to apply

PHILIPSBURG — To date, US $1.7 million has been disbursed to enterprises within the St. Maarten small business community who have taken advantage of the combination grant/loan financial assistance offered More...

By The Publisher On Friday, March 19th, 2021
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Large part of Girobank NV’s customers credit balances will soon be available

Willemstad/Philipsburg – On December 10, 2019, a moratorium was set at Girobank N.V. (Girobank), freezing all credit balances in excess of NAf 10,000 on Girobank’s current and/or savings accounts. A large part More...

By The Publisher On Thursday, January 28th, 2021
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Financial Intelligence Unit’s powers are regulated by law

PHILIPSBURG — In the first quarter of 2025 St. Maarten will be evaluated by the Caribbean Financial Action Task Force (CFATF). “We should have started with the preparations last year but unfortunately we More...

By The Publisher On Sunday, November 15th, 2020
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Central Bank announces introduction of Caribbean Guilder in 2021

~ A StMaartenNews.com review of the 2020 Budget of the Central Bank of Curacao & St. Maarten ~ PHILIPSBURG – If it is up to the Central Bank of Curacao and St. Maarten, then the Antillean guilders will disappear More...

By The Publisher On Monday, October 5th, 2020
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The ENNIA-saga: How Ansary fought the Central Bank every step of the way

PHILIPSBURG – After ignoring instructions from the Central Bank of Curacao and St. Maarten for years, the court in Curacao placed insurance company ENNIA under the rules of the emergency measure in July 2018. More...

By The Publisher On Monday, October 5th, 2020
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Former Minister Gibson among recipients of excessive payments from ENNIA

PHILIPSBURG – The petition attorneys Karina Keizer and Sabine Altena submitted to the court in Curacao on behalf of insurance company ENNIA alleges that three St. Maarteners benefited excessively from questionable More...

By The Publisher On Wednesday, September 30th, 2020
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Central Bank response to recent media coverage of ENNIA

Willemstad/Philipsburg – Following recent media coverage, the Centrale Bank van Curaçao en Sint Maarten (CBCS) reports as follows. In early July 2018, at the request of the CBCS, the Court of First Instance More...

By The Publisher On Monday, September 21st, 2020
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Attorney warns against dire consequences of foreign exchange restrictions

PHILIPSBURG – “If this ship sinks we all sink together,” is the conclusion of an opinion HBN Law attorney Michelle Wever wrote about the potential consequences of measures the Central Bank of Aruba took back More...

By The Publisher On Monday, August 24th, 2020
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Millions available for Enterprise Support Program (ESP)

PHILIPSBURG – The National Recovery Program Bureau (NRPB) launched its Enterprise Support Program (ESP) with a virtual presentation. There is $35 million available for the next four years for eligible projects. More...






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