Jump to content

Central Bank of Curaçao and Sint Maarten

Coordinates: 12°06′29″N 68°55′42″W / 12.1080°N 68.9284°W / 12.1080; -68.9284
From Wikipedia, the free encyclopedia
Central Bank of Curaçao and Sint Maarten
Centrale Bank van Curaçao en Sint Maarten
The building of the Bank of the Netherlands Antilles in 2010.
The building of the Bank of the Netherlands Antilles in 2010.
HeadquartersWillemstad, Curaçao
Established6 February 1828; 197 years ago (1828-02-06)
OwnershipState ownership
PresidentRichard Doornbosch
Central bank ofCuraçao and Sint Maarten
CurrencyCaribbean guilder
XCG (ISO 4217)
Websitewww.centralbank.cw

The Central Bank of Curaçao and Sint Maarten (CBCS; Dutch: Centrale Bank van Curaçao en Sint Maarten; previously the Bank of the Netherlands Antilles) is the central bank for the Caribbean guilder and administers the monetary policy of Curaçao and Sint Maarten. The bank dates to 1828 making it the oldest surviving central bank in the Americas.[1] The bank was responsible for the Netherlands Antillean guilder until it was replaced.

Prior to the dissolution of the Netherlands Antilles in October 2010, the bank was responsible for monetary policy and currency throughout the Netherlands Antilles. When the BES islands became subject to the De Nederlandsche Bank, its present name was adopted. The bank replaced the Netherlands Antillean guilder with the Caribbean guilder in 2025.

There was controversy around the CBCS regarding corruption, most notably due to former CBCS president Emsley Tromp's connections to John Deuss and Hushang Ansary. Tromp was fired from his position in 2017.[2]

See also

[edit]

References

[edit]
  1. ^ "In 175 years the Bank has evolved from a near dormant institution in the nineteenth century to a vibrant organization able to adapt to the ever changing financial world in the twenty-first century". centralbank.an. 2003-02-01. Archived from the original on 2019-05-09. Retrieved 2013-12-06.
  2. ^ "Police raid Curacao Central Bank president's home | NL Times". nltimes.nl. 2016-08-11. Retrieved 2025-04-01.
[edit]

12°06′29″N 68°55′42″W / 12.1080°N 68.9284°W / 12.1080; -68.9284