Tag archive for ‘cbcs’
By The Publisher On Monday, November 6th, 2023

Appeals court blocks Ennia’s attempt to get a judgment from the Supreme Court

WILLEMSTAD — The Common Court of Justice has denied Ennia’s request to have the Supreme Court  render judgment on the court’s interim ruling in the dispute between the insurance company and its majority More...

By The Publisher On Thursday, October 26th, 2023

Call for keeping Ennia-expert Grimm on board

WILLEMSTAD – Ennia’s Chief Executive Officer Lesley Ann Harms-Brodie has urged Central Bank President Richard Doornbosch and Minister of Finance Javier Silvania to keep Elisabeth Grimm on board for the More...

By The Publisher On Tuesday, October 24th, 2023

Ennia wants to take the Ansary-dispute to the Supreme Court

WILLEMSTAD — Ennia and its supervisor CBCS want a ruling from the Supreme Court in The Hague about the dispute with Ennia’s majority shareholder Hushang Ansary and others, the Antilliaans Dagblad reports. In More...

By Online Editor On Thursday, July 6th, 2023

Central Bank warns of economic and social catastrophe if Ennia-crisis is not resolved

PHILIPSBURG – “Not finalizing a resolution strategy for Ennia could trigger a run-off of international reserves and cause a deep economic and social crisis,” the Central Bank of Curacao and St Maarten More...

By Online Editor On Wednesday, July 5th, 2023

Economic growth slows down in 2023

PHILIPSBURG – Real growth of St. Maarten’s Gross Domestic Product will drop from 9.8 percent in 2022 to 3.2 percent this year, the Central Bank of Curacao and St. Maarten (CBCS) reports in its Monetary More...

By Online Editor On Monday, June 5th, 2023

Pro Soualiga Protests Dutch Interference in Ennia Affair

During a recent press conference, State Secretary Van Huffelen stated that the Government of St. Maarten had to “come up with a solution to the problems at the pension insurer Ennia.” She also indicated 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 Wednesday, August 28th, 2019

Change in bond issue on behalf of the Government of the Country of Sint Maarten

Willemstad/Philipsburg – The Centrale Bank van Curaçao en Sint Maarten (CBCS) acts as Agent on behalf of the government of the Country of Sint Maarten to issue the following government bond: Bond of Sint More...

By The Publisher On Tuesday, November 20th, 2018

CBCS presents Strategic Plan in Sint Maarten

Willemstad/Philipsburg – Recently, the Centrale Bank van Curaçao en Sint Maarten (CBCS) presented its Strategic Plan to the stakeholders in Sint Maarten. The Governor of Sint Maarten, as well as the government, More...

By Desk Editor On Wednesday, July 4th, 2018

Central Banks should take leading role in financial innovation

Willemstad/Philipsburg — ‘There’s an important role to play for central banks in adopting a proactive approach and giving direction to the changes and innovations that are currently affecting the financial More...