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Tag archive for ‘Central Bank Curacao & St. Maarten (CBCS)’
By The Publisher On Friday, January 26th, 2024
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Imports affect impact of international tourism

PHILIPSBURG — Every dollar earned from international tourism induces almost 62 dollar cents in additional imports. This appears from research conducted by Dr. Shekinah Dare and Christopher Rigaud. The researchers More...

By The Publisher On Sunday, January 7th, 2024
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Central Bank launches Caribbean guilder in March 2025

PHILIPSBURG — The Caribbean Guilder will replace the Antillean Guilder per March 31, 2025, the Central Bank of Curacao and St. Maarten announced in a press release. Initially, the bank’s 2022 annual financial More...

By The Publisher On Sunday, January 7th, 2024
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Central Bank issues wake-up call for climate change

PHILIPSBURG — Politicians ought to wake up to the threats posed by climate change, it appears from the Central Bank’s latest economic bulletin. Richard Doornbosch, the president of the Central Bank of Curacao More...

By The Publisher On Wednesday, December 20th, 2023
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Central Bank reaches agreement to protect Ennia pensions

PHILIPSBURG — The Central Bank of Curacao and St. Maarten (CBCS) has reached an agreement with the governments of Curacao and St. Maarten whereby there is no need for cuts in the pensions of Ennia policy More...

By The Publisher On Tuesday, October 24th, 2023
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St. Maarten issues bond loan

PHILIPSBURG — St. Maarten will issue a bond loan of 60,854,000 guilders against 3.4 percent interest on November 10. The duration of the loan is 20 years. The subscription to the loan opens on November 2 More...

By The Publisher On Wednesday, October 11th, 2023
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Central Bank to discuss details of Ennia-solution

PHILIPSBURG — The solution Curacao’s Prime Minister Gilmar Pisas has presented for embattled insurance company Ennia is not an entirely done deal yet, it appears from a press release issued by the Central More...

By The Publisher On Tuesday, October 3rd, 2023
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Dutch-side economy twice the size of that on the French side

PHILIPSBURG — The economy of St. Maarten is roughly twice the size of that of the French part of the island, it appears from the Economic Bulletin of September, published by the Central Bank of Curacao and More...

By The Publisher On Tuesday, October 3rd, 2023
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Central Bank: economic recovery continues

PHILIPSBURG — The economies of Curacao and St. Maarten continue to recover from the corona pandemic, the Central Bank of Curacao and St. Maarten (CBCS) states in its economic Bulletin of September. The first More...

By The Publisher On Friday, March 17th, 2023
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Digital banking is taking the world by storm

PHILIPSBURG — The banking industry is in the middle of a digital revolution that will affect banking in never before seen ways. Policy Officer Farah de Haas and Information Risk Officer Marc Kross examined More...

By The Publisher On Wednesday, September 14th, 2022
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Ansary puts ownership Mullet Bay into question

PHILIPSBURG — Who owns Sun Resorts and, by extension, Mullet Bay? That question was the cornerstone of a dispute in court between Hushang Ansary and the Central Bank of Curacao and St. Maarten. Mullet Bay More...