All about Banking

Central Bank_innovation
By Edition On Thursday, September 20th, 2018
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The Central Bank wants a stable and competitive financial sector

WILLEMSTAD - The Central Bank of Curaçao and St. Maarten (CBCS) says that there are 6 strategic goals for one of their focus areas. This is a stable and competitive financial sector. To achieve this, Curaçao needs More...

ing-bank
By Edition On Wednesday, September 5th, 2018
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Money laundering in Curaçao via ING accounts

THE HAGUE, WILLEMSTAD - A Curaçao company has laundered 150 million euros via an ING bank account. The bank account was fed with around 150 million euros with card credits for four years. The Dutch financial investigation More...

Giro Bank
By Edition On Friday, August 3rd, 2018
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Central Bank: risks Giro Bank under control, but there will be layoffs

WILLEMSTAD - The risks of the Giro Bank are under control, but people have to be fired. This is according to the statements of Deputy Director Supervision Shelwyn Salesia of the Central Bank of Curacao and Sint More...

banco di caribe
By Edition On Thursday, July 26th, 2018
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Banco di Caribe cares about the financial future of our children

WILLEMSTAD - Recently Banco di Caribe supported the 'Finansa Hubenil' project during which 20 children in the age group of 10 to 12 years had the opportunity to learn about the importance of hard work, savings More...

RBC
By Edition On Thursday, May 24th, 2018
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RBC becomes the first bank to launch contactless payment technology for merchants across the Caribbean

RBC contactless-enabled point-of-sale devices across the Caribbean will allow merchants to accept contactless-enabled payment cards, enhancing the overall point-of-sale experience for their customers. PORT OF SPAIN More...

moneylaundering
By Edition On Monday, April 30th, 2018
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Big steps towards full compliance anti-money laundering regulations

WILLEMSTAD - Significant steps have been made in Curaçao’s efforts towards combatting money laundering and terrorism financing. Currently, the internet gaming laws are being revised and this year an Anti-Money More...

MCB
By Edition On Monday, April 23rd, 2018
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Banking costs more money

WILLEMSTAD - Banking costs more and more money. In 2017 the costs for Maduro & Curiel’s Bank (MCB) increased by 12 percent, about 37 million guilders. Especially because of higher salaries and writing off More...

new-york-stock-exchange
By Edition On Friday, April 20th, 2018
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FirstCaribbean scraps plan to list shares on New York Stock Exchange

WILLEMSTAD - FirstCaribbean International Bank Limited (FCIB) has withdrawn its recent public offering in the United States and is no longer pursuing a listing of its shares on the New York Stock Exchange (NYSE). The More...

cibc
By Edition On Friday, April 6th, 2018
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CIBC leaving the Caribbean, but FCIB staying put

BRIDGETOWN - The parent company of FirstCaribbean International Bank (FCIB) is pulling out of the region. Canadian Imperial Bank of Commerce (CIBC), which on October 14, 2002 joined with the London-based Barclays More...

ec_currency
By Edition On Wednesday, March 28th, 2018
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Same day money transfer imminent throughout Eastern Caribbean Currency Union

BASSETERRE - Clients of commercial banks in the countries of the Eastern Caribbean Currency Union will soon be able to send and receive money in EC currency, same day between commercial banks in the ECCU. According More...