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PHILIPSBURG — The ABN-AMRO bank has temporarily withdrawn its intention to terminate relationships with clients who live outside of the European Economic Area.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 More...

SHTA questions the survival of the monetary union between Curaçao and St. Maarten

PHILIPSBURG — An ‘existential threat’ towards the St. Maarten economy is what the St. Maarten Hospitality & Trade Association (SHTA) calls the possible increase of foreign exchange license fees in More...

CBCS cannot resolve Girobank debacle without assistance from the Netherlands

PHILIPSBURG/WILLEMSTAD -- More than 27,000 affected account holders at the insolvent Girobank NV in Curaçao can only look forward to payment of any remaining balances if the Netherlands comes to the rescue. This More...