Lion’s share of Central Bank profits stays in Curacao
PHILIPSBURG – The Central Bank of Curacao and St. Maarten is doing well but most of the profits from its healthy bottom line stay in Curacao. Between 2011 and 2018 - the last year of which audited data are available - accumulated profits amounted to 92.1 million guilders ($51.2 million). Curacao saw 72.7 million ($40.4 million) of these proceeds flow into its state coffers while St. Maarten share was just 19.4 million guilders ($10.8 million).
This appears from data the Central Bank provided to StmaartenNews.com.
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