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Press release 2023-013
A Banking Stability Index for Curaçao and Sint Maarten
Local banking sector remains stable amidst ongoing challenges
Willemstad/Philipsburg –The Financial Stability Division of the Centrale Bank van Curaçao en Sint Maarten (CBCS) has developed a Banking Stability Index (BSI) to monitor the performance of the commercial banking sector. The BSI complements other early-warning monitoring tools of the CBCS. These tools provide timely signals about the build-up of risks and help mitigate financial crises within our jurisdiction. The CBCS presents an informative box on the BSI in its 2023 Financial Stability Report (FSR), published May 15th, 2023.