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Tag archive for ‘Central Bank of Curacao and Sint Maarten (CBCS)’
By The Publisher On Wednesday, October 14th, 2020
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Cft objects to intended 75 million bond issue

PHILIPSBURG – Unless Finance Minister Ardwell Irion makes a U-turn, there will be a 75 million guilders bond issue for St. Maarten on October 21. It is an expensive attempt to get the country out of its financial More...

By The Publisher On Tuesday, May 26th, 2020
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Central Bank postponed 40-million bond issue

PHILIPSBURG – The Ministry of Finance has sent a reminder to the Netherlands about a 40 million-guilders loan financial supervisor Cft approved in August of last year. While the Netherlands has a “current subscription” More...

By The Publisher On Friday, January 17th, 2020
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The downside of the monetary union

By Hilbert Haar The St. Maarten Hospitality and Trade Association (SHTA) rightly sounded the alarm about Curacao’s intention to increase the foreign exchange license fee, warning that this could lead to a devaluation More...

By The Publisher On Friday, January 17th, 2020
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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...

By The Publisher On Wednesday, December 18th, 2019
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Government-owned banks under pressure

PHILIPSBURG/WILLEMSTAD — Following the recent bank run on the partly government-owned Girobank in Curaçao, some of the clients of the fully government-owned PSB bank also withdrew their deposits. Management More...

By The Publisher On Wednesday, December 11th, 2019
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Central Bank spends millions on effort to rescue ENNIA

PHILIPSBURG/WILLEMSTAD – The court in Curacao has increased the advance payment to the Central Bank for expenditures related to the restructuring of insurance company Ennia to 15 million guilders, the Antilliaans More...

By Online Editor On Saturday, October 19th, 2019
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Acting President of CBCS attends introductory meeting with Mr. Ansary

Willemstad/Philipsburg – At the request of the Minister of Finance of Sint Maarten Perry Geerlings, the Acting President of the Centrale Bank van Curaçao en Sint Maarten (CBCS), Bob Traa attended an introductory More...

By The Publisher On Saturday, June 15th, 2019
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Bob Traa appointed Central Bank president

WILLEMSTAD/PHILIPSBURG — Effective June 13, 2019, Bob Traa has been temporarily appointed by the Supervisory Board (SB) of the Central Bank of Curaçao and St. Maarten (CBCS) as President of the CBCS in anticipation More...

By The Publisher On Tuesday, April 23rd, 2019
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Public Service Announcement CBCS

Public Service Announcement provided by the Central Bank of Curacao & St. Maarten. If you have renovated or purchased big-ticket items for your home, then you need to get an appraisal and adjust your insurance More...

By The Publisher On Thursday, February 14th, 2019
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CBCS Executive Directors took the oath before the Governor

WILLEMSTAD/PHILIPSBURG – On February 13, 2019, Mrs. Leila Matroos-Lasten and Mr. José Jardim were sworn in as Executive Directors of the Centrale Bank van Curaçao en Sint Maarten (CBCS) as they took the oath More...