Ansary’s attorneys: No evidence of solvency deficit at ENNIA
WILLEMSTAD — “The plaintiffs present circumstances that are incorrect, in violation of the law or otherwise simply made up,” attorneys Karan Doekhi and Mirto Murray said on the second day of the lawsuit the ENNIA Group and the Central Bank of Curacao and St. Maarten (CBCS) have brought against majority shareholder Hushang Ansary and former More...
CIBC FirstCaribbean to sell its banking assets in four OECS countries and Aruba
Bridgetown, Barbados 12th October 2021. FirstCaribbean International Bank Limited has announced that its wholly-owned subsidiary, FirstCaribbean International Bank (Barbados) Limited (“FCIB More...
We as a country can manage our own Central Bank
Dear Editor, I am not a person of the media, but as a born St. Maartener and professional, I have decided to speak out on this matter as I am feeling very belittled and insulted by the comments made by MP More...
Central Bank shoots down Parman’s objections against the sale of Banco di Caribe
WILLEMSTAD — Ennia Caribe Holding (ECH) is not authorized to sell Banco di Caribe (BdC), its shareholder Parman International said in a press release, but this claim was quickly neutralized by the Central More...
United Group buys Banco di Caribe
PHILIPSBURG — Banco di Caribe has been sold to the Curacao-based United Group Holdings for an undisclosed amount of cash, the Central Bank of Curacao and St. Maarten (CBCS) announced in a press release. The More...
Chamber of Commerce wants to dissolve more than 500 companies
PHILIPSBURG — The Chamber of Commerce has announced its proposal to dissolve more than 500 businesses and thereby taking them off their registry. The complete list of affected businesses has been published More...
CIBC FIRSTCARIBBEAN SIGNS ON FOR THREE MORE YEARS OF SUPPORT TO UWI
Bridgetown, Barbados, 25 August 2021 – CIBC FirstCaribbean has officially extended its partnership with The University of the West Indies, Cave Hill Campus with the signing of a memorandum of understanding for More...
Central Bank annual report: Economy (maybe) back to pre-pandemic levels in 2024
PHILIPSBURG — St. Maarten’s real Gross Domestic Product declined by 22.4 percent in 2020. Curacao saw a drop of 19.3 percent it appears from the 2020 annual report of the Central Bank of Curacao and St. More...
Dedicated to Arts and to Education, CIBC FirstCaribbean supports Youth Programs
Philipsburg – INDISU Dance Theater of St. Maarten students will be heading to Los Angeles in just ten days to attend the International Festival, Dance Excellence. The festival brings together young dancers More...
Central Bank considers selling Banco di Caribe
WILLEMSTAD — The Central Bank of Curacao and St. Maarten considers putting the shares of Banco di Caribe up for sale in an effort to generate revenue for the restructuring of insurance company Ennia. The More...
