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PB2023-013 Local banking sector remains stable amidst ongoing challenges

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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.

Last updated: 15.05.2024 11:05