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CBCS is upgrading to the next generation of payments

By   /  October 27, 2020  /  Banking, Finance  /  Comments Off on CBCS is upgrading to the next generation of payments

WILLEMSTAD/PHILIPSBURG — The world of technology is rapidly advancing and is affecting more and more aspects of our lives. This also includes the way we do our daily payments such as groceries, gas, electricity bill, etcetera. Electronic payment is an essential part of our lives and our national payment system is the foundation of a […]

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Central Bank issues warning about Pyramid Schemes

By   /  October 14, 2020  /  Bulletin Board Notices, Community, Public Service Announcements  /  Comments Off on Central Bank issues warning about Pyramid Schemes

Willemstad/Philipsburg – The Central Bank of Curaçao and Sint Maarten (CBCS) hereby warns the public about pyramid-like schemes. These schemes are currently promoted using the anxiety created by the economic stagnation and downturn caused by the ongoing COVID-19 pandemic. These schemes are used as a cover to victimize unsuspecting or vulnerable persons trying to make […]

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Central Bank announces new bond issue for St. Maarten

By   /  October 14, 2020  /  Finance  /  Comments Off on Central Bank announces new bond issue for St. Maarten

~ Centrale Bank van Curaçao en Sint Maarten announces a new bond issue on behalf of the government of the Country of Sint Maarten ~ Willemstad/Philipsburg – On Wednesday, October 21, 2020, there will be a bond issue on behalf of the country of Sint Maarten, the Central Bank of Curacao and St. Maarten (CBCS) […]

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MINISTER OF FINANCE SOUGHT COUNSEL ON THE IMPACT OF IMPLEMENTING DUTCH CONDITIONS

By   /  July 4, 2020  /  Finance, Local News  /  Comments Off on MINISTER OF FINANCE SOUGHT COUNSEL ON THE IMPACT OF IMPLEMENTING DUTCH CONDITIONS

Minister of Finance Ardwell Irion

IMF, Central Bank, High Council and Social Economic Council all solicited The Minister of Finance, Ardwell Irion has sought the counsel on the impact of implementing the several infamous conditions on St. Maarten. Measures were presented to St. Maarten by the Kingdom Council of Ministers (KCOM), in order to qualify for the second and third […]

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