Tag archive for ‘Central Bank Curacao & St. Maarten (CBCS)’
CBCS Central Bank Head Offce in St. Maarten
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...

Lines at MoneyGram - 2020051901
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...

Central Bank of Curacao & St. Maarten CBCS
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...

CBCS Central Bank in St. Maarten - 2020040501 JH
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...

MP Rolando Brison - 20200427
By The Publisher On Tuesday, April 28th, 2020
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MP Brison: “Central Bank has not done near enough”

PHILIPSBURG – “The Central bank of Curacao and Sint Maarten has not done near enough to assist the people of St. Maarten,” chairman of parliament MP Rolando Brison said during the meeting of parliament about More...

PFP Members of Parliament Melissa Gumbs Rayheon Peterson
By The Publisher On Saturday, April 25th, 2020
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PFP faction sends Letter of Concern to President of Parliament

Says President’s comments regarding CBCS not reflection of Parliament’s position ~ PHILIPSBURG –- Members of Parliament for the Party for Progress (PFP) faction Melissa Gumbs and Raeyhon Peterson have sent More...

CBCS Central Bank Head Offce in St. Maarten
By The Publisher On Tuesday, April 21st, 2020
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CBCS response to media reports regarding foreign exchange reserves

Willemstad/Philipsburg – The Centrale Bank van Curaçao en Sint Maarten (CBCS) has recommended the governments of Curaçao and Sint Maarten to invoke article 36 of the Charter for the Kingdom of the Netherlands More...

Jose Jardim
By The Publisher On Tuesday, March 24th, 2020
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St. Maarten needs massive financial support

Central Bank interim-President Jardim sounds the alarm: St. Maarten needs humongous financial support PHILIPSBURG – St. Maarten’s government needs between 86 and 104 million guilders ($48 to $58.1 million) More...

CBCS Central Bank Head Offce in St. Maarten
By The Publisher On Monday, February 10th, 2020
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Plan for deposit guarantee regulation: too little, too late

PHILIPSBURG – The Central Bank of Curacao and Sint Maarten (CBCS) has presented the governments of both countries with a draft national ordinance aimed to establish a deposit guarantee regulation. Such a measure More...

CBCS Central Bank Head Offce in St. Maarten
By The Publisher On Friday, January 31st, 2020
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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 More...