All about Central Bank of Curacao and Sint Maarten

Central Bank_front
By Edition On Wednesday, March 29th, 2017
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Central Bank: Increasing lending rate

WILLEMSTAD - On March 15, 2017, the U.S. Federal Reserve raised the federal funds rate to 0.75 - 1.00%. This was the third increase since the historically low level of 0.00 to 0.25%, which was used from December More...

Emsley Tromp
By Edition On Monday, March 27th, 2017
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Tromp set to file appeal against screening results

PHILIPSBURG, WILLEMSTAD - Embattled President of the Central Bank of Curaçao and St. Maarten Emsley Tromp intends to challenge attempts to remove him from his top post in Court. Tromp, according to Finance Minister More...

Tromp (1)
By Edition On Thursday, March 23rd, 2017
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President of Central Bank Emsley Tromp failed screening

WILLEMSTAD, PHILLIPSBURG - The President of the Central Bank Emsley Tromp failed the screening process. This was announced by the Minister of Finance of Sint Maarten, Richard Gibson at the Council of Minister's More...

Central Bank
By Edition On Wednesday, March 1st, 2017
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Disappointing economic performance in the monetary union during the third quarter of 2016

WILLEMSTAD/PHILIPSBURG – According to the Quarterly Bulletin of the Centrale Bank van Curaçao en Sint Maarten, the economic performance in the monetary union was disappointing during the third quarter of 2016. More...

Central Bank_front
By Edition On Wednesday, March 1st, 2017
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Fundamental changes are needed to improve the labor markets in Curaçao and Sint Maarten in a sustainable manner

WILLEMSTAD/PHILIPSBURG – In its most recent Quarterly Bulletin, the Centrale Bank van Curaçao en Sint Maarten notes that because growth has remained lackluster in the monetary union over the past years, the unemployment More...

Central Bank_front
By Edition On Friday, February 10th, 2017
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Waning hope for monetary union Sint Maarten – Curaçao

In 2008 I vehemently objected to the decision to have a monetary union between Sint Maarten and Curaçao in anticipation of the political dissolution of the Netherlands Antilles (consisting of Curaçao, Sint Maarten, More...

El-Mas-Rapidito
By Edition On Monday, February 6th, 2017
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El Mas Rapidito winner of case against Central Bank

PHILIPSBURG – El Mas Rapidito (EMR) Courier Services N.V. has won the court case against the Central Bank of Curaçao and St. Maarten. The money-transfer operation initiated legal action, after the bank published More...

Central Bank_front
By Edition On Wednesday, January 4th, 2017
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Central Bank: Economic Developments 2016-2017 (document)

WILLEMSTAD – Click on the link below to download the presentation given by the Central Bank of Curaçao and Sint Maarten titled Economic Developments 2016-2017. presentatie-economische-ontwikkelingen-2016-2017    More...

Central Bank
By Edition On Friday, December 30th, 2016
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Central Bank: “Monetary union Curaçao and Sint Maarten

WILLEMSTAD - Balance of payments developments. According to estimates of the Central Bank of Curaçao and Sint Maarten, the deficit on the current account of the balance of payments widened in 2016 compared to More...

curacao-willemstad
By Edition On Thursday, December 29th, 2016
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Central Bank: “Economic outlook for 2017”

WILLEMSTAD - Following an expansion of 3.1% in 2016, the world economy is projected to grow by 3.4% in 2017. 3 Growth in 2017 will be driven primarily by the emerging and developing economies as economic activity More...