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Tag archive for ‘Central Bank Curacao & St. Maarten (CBCS)’
By The Publisher On Wednesday, June 9th, 2021
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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...

By The Publisher On Friday, March 19th, 2021
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Large part of Girobank NV’s customers credit balances will soon be available

Willemstad/Philipsburg – On December 10, 2019, a moratorium was set at Girobank N.V. (Girobank), freezing all credit balances in excess of NAf 10,000 on Girobank’s current and/or savings accounts. A large part More...

By The Publisher On Monday, October 5th, 2020
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The ENNIA-saga: How Ansary fought the Central Bank every step of the way

PHILIPSBURG – After ignoring instructions from the Central Bank of Curacao and St. Maarten for years, the court in Curacao placed insurance company ENNIA under the rules of the emergency measure in July 2018. More...

By The Publisher On Wednesday, September 30th, 2020
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Central Bank response to recent media coverage of ENNIA

Willemstad/Philipsburg – Following recent media coverage, the Centrale Bank van Curaçao en Sint Maarten (CBCS) reports as follows. In early July 2018, at the request of the CBCS, the Court of First Instance More...

By The Publisher On Thursday, August 20th, 2020
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Challenges facing the new CBCS President

by Emsley D. Tromp I am writing this note risking stepping on toes. However, the only way to avoid stepping on toes is to stand still. Standing still will come at greater cost to the reputation and the credibility More...

By The Publisher On Friday, July 24th, 2020
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Central Bank appoints Brodie as ENNIA’s CEO

WILLEMSTAD – The Central Bank of Curacao and St. Maarten will install a new management team at insurance company ENNIA next week with Lesley-Ann Brodie as its Chief Executive Officer. Brodie spent more than ten More...

By The Publisher On Wednesday, June 3rd, 2020
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Central Bank allows moratorium on all loans

PHILIPSBURG — The Central Bank of Curacao and Sint Maarten already took steps to counter the effects of the corona-virus crisis in March. At least one of these measures seems to be at odds with statements More...

By The Publisher On Friday, May 29th, 2020
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MP Buncamper questions money transfers

PHILIPSBURG – Parliamentarian Claudius Buncamper has asked Finance Minister Ardwell Irion in a letter dated May 27 whether measures will be taken “to slow down or stop the flight of foreign currency.” MP More...

By The Publisher On Saturday, May 16th, 2020
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Time to split up the monetary union of Curacao & St. Maarten?

~ Is it a good time now to take up the 2013 SER advice to split up the monetary union between Curacao and St. Maarten? ~ By Hilbert Haar The conditions the Kingdom wants to impose on Curacao for more liquidity More...

By The Publisher On Wednesday, May 13th, 2020
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Central Bank shoots down all of MP Brison’s suggestions

PHILIPSBURG – The Central Bank of Curacao and Sint Maarten (CBCS) has put Chairman of Parliament, MP Rolando Brison, firmly in his place with a response to a letter he sent on April 21 in which he demanded “urgent More...






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