All about Banking

Central Bank
By Edition On Saturday, May 6th, 2017
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Cooperation needed

Today’s news that the Central Bank of Curaçao and St. Maarten (CBCS) amended the annual percentage rate (APR) is quite interesting. It regards all costs charged for credit. The move is intended to protect consumers More...

20170423 Downtown Belize City Stock-20
By Edition On Saturday, May 6th, 2017
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Caribbean Banks see rise in cyber attacks

Imagine doing a routine check on your bank account only to discover that an entire month's worth of credit had been swiped from your card. The nightmare became reality for one elderly Belizean couple, who fell victim More...

ECLAC
By Edition On Tuesday, May 2nd, 2017
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ECLAC report considers use of blockchain technology to combat de-risking

PORT OF SPAIN - A newly published report prepared by the Economic Commission for Latin America and the Caribbean (ECLAC) subregional headquarters for the Caribbean has found that recent developments in the field More...

IMF
By Edition On Monday, April 24th, 2017
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IMF executive board discusses loss of correspondent banking relationships

WASHINGTON - On April 12, 2017, the executive board of the International Monetary Fund (IMF) discussed the staff report: “Recent Trends in Correspondent Banking Relationships – Further Considerations”. In More...

sxm-Richard-Gibson
By Edition On Thursday, January 12th, 2017
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Dutch still hesitant on aiding with de-risking

PHILLIPSBURG, WILLEMSTAD - The Dutch Government is still “not on board” with aiding the Dutch Caribbean islands, including St. Maarten with tackling the de-risking of commercial banks, said Finance Minister More...

MCB
By Edition On Thursday, December 29th, 2016
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Government wants another banker

WILLEMSTAD - The government of Prime Minister Hensley Koeiman wants the PSB Bank as its banker. Currently, the Maduro & Curiel’s Bank (MCB) is the government’s banker. The desire to start a new tender comes More...

RBC
By Edition On Friday, December 23rd, 2016
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RBC launches new Mobile Banking app and Online banking Website

New technology for customer convenience PHILIPSBURG/WILLEMSTAD/KRALENDIJK – RBC Royal Bank recently launched its Mobile Banking app for iOS and Android devices across the Caribbean. This new, innovative service More...

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By Edition On Thursday, December 8th, 2016
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CAB conference looks to the Future of Banking and the path to Regional financial prosperity

WILLEMSTAD - The Caribbean Association of Banks (CAB) concluded its 43rd Annual General Meeting and Conference under the theme: “Caribbean Banking: Fresh Tools, New Thinking” in Curacao on 16th-19th November, More...

zhang
By Edition On Monday, November 14th, 2016
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IMF agrees that withdrawal of correspondent banks poses significant risk to Caribbean

PORT OF SPAIN - A significant threat to Caribbean economies has emerged as global banks withdraw their correspondent banking relationships in these countries, the International Monetary Fund (IMF) has confirmed. More...

Giro Bank
By Edition On Monday, October 31st, 2016
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Giro Bank’s new owner will be announced before December 17

WILLEMSTAD – Before December 17 this year, it will be announced who the new owners of the Giro Bank Inc. are. On that day it will be three years since the bank has been placed under receivership by the Central More...