Press release 2023-012
CBCS publishes its 2023 Financial Stability Report
Financial Sector resilient throughout several shocks
Willemstad/Philipsburg - The financial sector in the monetary union weathered the past year’s shocks and remained stable. However, the Centrale Bank van Curaçao en Sint Maarten (CBCS) urges caution, as risks continue to be tilted to the downside. This is according to the Bank’s 2023 Financial Stability Report (FSR). With the FSR, the CBCS aims to inform society on the state of the financial system in the monetary union of Curaçao and Sint Maarten.