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...
Curacao deposits 8 million and borrows 4½ million
WILLEMSTAD - in February of this year the Curacao's population has deposited more than 8 million guilders in the bank and borrowed 4½ million. This was published in the monthly statements of the Central Bank of More...
MCB Bank: Faster pay with pin
WILLEMSTAD – The Maduro & Curiel’s Bank (MCB) group has launched a new payment system, the POS 2 Point of Sale (POS2POS). Here, the amount that has to be paid will directly appear on the machine as soon More...
Eight million to the bank
WILLEMSTAD - The Curaçao community has deposited in October, slightly more than eight million guilders to the commercial banks. 6 million from residents of the island, 2 million from foreigners. This is according More...
Curaçao brings 8 million to the bank and borrows 4½ million
WILLEMSTAD - The Curaçao community has brought in March nearly 8 million guilders to the bank. 4 ½ million guilders were loaned again. This was reported by the Central Bank. Of the 8 million guilders 6 million More...
The Central Bank continues to reduce space on the capital market
WILLEMSTAD – During the month of May 2014, the Central Bank of Curacao and Sint Maarten has directed its policies on the continuation of the reduction of space on the capital market. The percentage of the mandatory More...
December 2013: Almost 10 million guilders in deposits while 6.3 million in loans
WILLEMSTAD – At the end of last year, the people of Curacao and Sint Maarten have deposited a substantial amount of money in the banks. The total amount is almost 10 million guilders, which was deposited in December More...
Required reserves commercial banks up again
WILLEMSTAD - The Central Bank of Curaçao and Sint Maarten (CBCS) has concentrated its policies since November of last year on tightening the space on the local money market. The rate of compulsory reserves was More...
