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Central Bank of Curaçao and Sint Maarten

Coordinates:12°06′29″N68°55′42″W / 12.1080°N 68.9284°W /12.1080; -68.9284
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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 andSint Maarten
CurrencyCaribbean guilder
XCG (ISO 4217)
Websitewww.centralbank.cw

TheCentral Bank of Curaçao and Sint Maarten (CBCS;Dutch:Centrale Bank van Curaçao en Sint Maarten; previously the Bank of the Netherlands Antilles) is thecentral bank for theCaribbean guilder and administers the monetary policy ofCuraçao andSint Maarten. The bank dates to 1828 making it the oldest surviving central bank in the Americas.[1] The bank was also responsible for theNetherlands Antillean guilder until it was withdrawn on July 1st, 2025.[2]

Prior to the dissolution of theNetherlands Antilles in October 2010, the bank was responsible for monetary policy and currency throughout the Netherlands Antilles. When theBES islands became subject to theDe 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 toJohn Deuss andHushang Ansary. Tromp was fired from his position in 2017.[3]

See also

[edit]

References

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  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 fromthe original on 2019-05-09. Retrieved2013-12-06.
  2. ^"Caribbean Guilder Officially Legal Tender in Curaçao and Sint Maarten"(PDF) (Press release). Willemstad:Central Bank of Curaçao and Sint Maarten. 31 March 2025. Retrieved14 June 2025.
  3. ^"Police raid Curacao Central Bank president's home | NL Times".nltimes.nl. 2016-08-11. Retrieved2025-04-01.

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12°06′29″N68°55′42″W / 12.1080°N 68.9284°W /12.1080; -68.9284

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