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APS lends IGY Marinas USD 16 million for expansion

By   /  January 29, 2021  /  Finance, Local News, Tourism  /  Comments Off on APS lends IGY Marinas USD 16 million for expansion

CAYHILL — Algemeen Pensioenfonds Sint Maarten (APS) and IGY Marinas agreed on the terms of a loan for the Yacht Club at Isle de Sol (IDS) in Simpson Bay. The loan will enable IDS to increase their clientele, complete the restaurant enhancement project in the marina, and refinance existing agreements to more favorable conditions. It […]

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Insufficient progress on APS’s domestic investment projects

By   /  August 27, 2020  /  Finance, Local News  /  Comments Off on Insufficient progress on APS’s domestic investment projects

Philipsburg – August 27th, 2020. The General Audit Chamber submitted its report entitled Compliance audit: 2019 Financial Statements of the General Pension Fund Sint Maarten (Algemeen Pensioenfonds Sint Maarten – APS) to Parliament today. The report addresses findings and conclusions resulting from the review of the pension fund’s 2019 financial statement. The Fund’s coverage ratio […]

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2019 annual report of APS submitted before November 1 deadline

By   /  July 2, 2020  /  Finance, Local News  /  Comments Off on 2019 annual report of APS submitted before November 1 deadline

Cayhill, Sint Maarten, 02 July 2020: The General Pension Fund of Sint Maarten (APS) submitted its 2019 annual report on June 29, 2020, four months ahead of the legally declared annual deadline of November 1. The 2019 annual report was submitted to the Minister of Finance of Sint Maarten, the Central Bank of Curacao and […]

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APS to expand homeownership options for Oryx Residences

By   /  June 24, 2020  /  Business, Infrastructure, Local News, Social  /  Comments Off on APS to expand homeownership options for Oryx Residences

Cayhill — Pre-qualification appointments resume for Oryx Residences in Cay Hill, after COVID-19 measures pose delay in the sales and move-in process. The 62 units residential project of the General Pension Fund of Sint Maarten (APS) acquired the interest of over 500 persons, of which 339 are APS participants. APS is working with Banco di […]

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