Centrale Bank van Curacao en Sint Maarten @cbcs_cur
We promote a sound financial system by operating in an innovative, efficient, effective and reliable manner. Joined April 2019-
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The CBCS decided to keep its current monetary policy unchanged by leaving the #pledgingrate at 5.75%. This decision is based on the market expectations that the Fed will leave its target policy rate unchanged amid the declining trend in U.S. inflation. centralbank.cw/publications/p…
Do you want to know when the CBCS’ next Economic Bulletin or the Financial Stability Report will be available? Check out the 2024 advance release calendar for the exact publication dates of our different recurring publications: centralbank.cw/publications/a…
The Caribbean Guilder will be introduced on March 31, 2025. The Centrale Bank van Curaçao en Sint Maarten (CBCS) apologizes for any confusion regarding the introduction date caused by the publication of the 2022 Annual Report on December 29 of last year. centralbank.cw/publications/p…
The analysis in the December 2023 Monetary Policy Report was used to support the Monetary Policy Committee in its latest decision to leave the pledging rate unchanged at 5.75%. December 2023 Monetary Policy Report: centralbank.cw/functions/mone…
How do commercial real estate loans relate to financial stability within the monetary union? The latest CBCS Financial Stability note examines whether these loans pose a risk to our jurisdiction's banking sector. centralbank.cw/publications/n…
The CBCS published the Economic Bulletin December 2023. The Bulletin provides the latest macroeconomic projections on economic growth, inflation, public finances, and the balance of payments. Economic Bulletin December 2023: centralbank.cw/publications/e…
The Caribbean basin is the most exposed region to climate-related natural disasters. Hence, it can be considered a permanent risk to the economic outlook for Curaçao and Sint Maarten. centralbank.cw/publications/p…
Curacao and Sint Maarten continued their path of economic recovery in 2023, although the pace was slower than in 2022. Click this link for our press release regarding our economies: centralbank.cw/publications/p…
Following the increase of 0.25 percentage point last September, the CBCS decided to pause its monetary policy tightening by leaving the pledging rate unchanged at 5.75%, thereby maintaining the 0.25% spread above the Fed funds rate. centralbank.cw/publications/p…
The CBCS has received subscriptions for the 3.24% loan per November 10, 2023- 2043 of the Country of Sint Maarten for a total nominal amount of NAf. 61,354,000 at an issue price of 100.00%. centralbank.cw/publications/p… #sintmaarten #bond #annualcoupon
Despite Saint Martin’s smaller economy relative to Sint Maarten’s, French-side minimum wage earners are paid* significantly more than their Dutch counterparts. For a comparative overview of Sint Maarten & Saint Martin, click: centralbank.cw/publications/e…
When Dutch Sint Maarten and French Saint Martin are viewed as a single economy, the total average economic output (nominal) is approximately US$ 2 billion. A comparative overview of Sint Maarten & Saint Martin: centralbank.cw/publications/e… #cbcs #sintmaarten #saintmartin
The MPC discusses the monetary policy stance at least on a quarterly basis. The analysis in the September 2023 Monetary Policy Report was used to support the Committee in its discussions of the most recent developments and monetary policy stance. centralbank.cw/functions/mone…
Get the latest details on the Caribbean guilder! Join us tomorrow morning live in the studio with Lady Grace in The Breakfast Lounge at 9AM! PJD2 - The voice of Sint Maarten: pjd2radiosxm.com #sintmaarten #onair #caribbeanguilder #XCG #liveradio
Last week, the 2nd Session of the Curaçao Climate Change Platform took place. Presentations were given on different topics such as climate risk in the financial sector, food security, and waste management. CBCS' president Doornbosch's speech: centralbank.cw/publications/s…
The bulletin provides the CBCS' macroeconomic projections on economic growth, inflation, public finances, and the balance of payments. It also includes a feature article titled ‘The peculiar island: A Comparative overview of Sint Maarten & Saint Martin’. centralbank.cw/publications/e…
As small and open economies, Curaçao and Sint Maarten are vulnerable to external shocks. These shocks further widened the already large current account deficit, which is not sustainable. centralbank.cw/publications/p…
The economies of Curaçao and Sint Maarten continued to recover from the pandemic at the beginning of 2023 primarily due to increased stay-over and cruise tourism activities. centralbank.cw/publications/p…
Want to know more about the Caribbean guilder? Tune in this Monday, October 2, at 8:45 AM, to get the latest updates! Our colleagues will be in the studio Laser 101 SXM with Suppa Kid to talk about the latest developments. #sintmaarten #onair #caribbeanguilder
Last week, regional and international central bank communications professionals convened for a three-day workshop at the CBCS to foster collaboration in communications. The CBCS wants to thank all participants and looks forward to more knowledge-sharing opportunities.
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November 18 from 10 AM to 12 PM CEST, the CBCS will host a webinar dedicated to exchange knowledge and discover common grounds to improve financial resilience locally and in the region in collaboration with @IOSCOWIW and @TTSEC_TT. Click here to register: centralbank.webex.com/centralbank/on…
CBCS switches to Instant Payments. The CBCS contracted equensWorldline SE, the European leader in the payments and transactional services industry, to introduce Instant Payments. Soon a major part of the interbank payments will be processed within ten seconds, 24/7/365.
#Crypto-assets are becoming increasingly popular. Nevertheless, consumers must realize that it is important to assess the #risks related to holding crypto-assets before buying or investing in them. Join our FREE webinar on October 4th. Register centralbank.webex.com/centralbank/on…
Searching for investments with good returns? Go for knowledge! worldinvestorweek.org #WorldInvestorWeek #IOSCOWIW2019
I am honored to have been nominated for the @ecb Presidency. In light of this, and in consultation with the Ethics Committee of the IMF Executive Board, I have decided to temporarily relinquish my responsibilities as IMF Managing Director during the nomination period.
IMF Executive Board statement: “We accept Ms. Lagarde’s decision to relinquish her IMF responsibilities temporarily during the (ECB Presidency) nomination period. We have full confidence in FDMD David Lipton as Acting Managing Director of the IMF.” ow.ly/ICpI50uS64z
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