Published On: Wed, Feb 14th, 2018

Strategy plan Central Bank

Central Bank_frontWILLEMSTAD - At the beginning of this year the Central Bank of Curaçao and Sint Maarten (CBCS) started the process to formulate the strategy that will be adopted in the coming years which will be used as a guideline for the Bank. As the first step in this process, interviews were held with a small group of external stakeholders to get a first impression of the perceptions about, among other things, the service provision and the role of the Bank.

The result of this, as well as the trends and developments that may influence the strategic direction to be followed by the CBCS were discussed with the Executive Board and the Supervisory Board. Hereafter the sessions started with the management team of the Bank with the new vision, mission and core values of the Bank, as well as the strategic goals for the period 2018 - 2020.

In the context of a more transparent approach, the draft strategy was recently presented to both the Bank's employees and a large group of external stakeholders for their input which will be included in the final formulation of the strategy.

In the coming weeks, the formulated strategy will be further elaborated by the organization into concrete plans with which the sectors can contribute to the streamlined functioning of the CBCS.

The final strategic plan will be presented in early March to the Supervisory Board, after which it can be implemented. With this new strategy, the Bank wants to continue to make an optimal contribution to a healthy financial sector.

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