Entrepreneur Ife Badejo: “Small businesses will die if banks don’t allow online transactions”

badejo

GREAT BAY – Small businesses are going to die if banks do not facilitate entrepreneurs to receive money online. That is the view of consultant and entrepreneur Ifelola Badejo. “We are in the 21st century. Our banking systems unfortunately are stuck somewhere between the 20th century and the 19th Century…I say that to have a reality check. More...

by webadmin | Published 3 years ago
El Mas Rapidito - Walter Nisbeth Road - 20170104 HH
By Online Editor On Wednesday, January 18th, 2017
0 Comments

El Mas Rapidito takes Central Bank to court

GREAT BAY – El Mas Rapidito Courier Services is taking the Central Bank of Curacao and St. Maarten to court after the bank published a warning notice last week, stating that the company handles money transfer More...

cbcs-headquarters-in-st-maarten
By webadmin On Tuesday, November 15th, 2016
0 Comments

Search at Central Bank was not unlawful, court rules

WILLEMSTAD – The Court in First Instance confirmed last week that the Common Court of Justice did not give permission for a search at the Central Bank in Willemstad on October 6. However, the court also ruled More...

stef-blok
By webadmin On Wednesday, October 26th, 2016
0 Comments

Dutch remain critical of 26 million loan extension

Stef Blok: “We won’t let this pass silently.” Photo Caribisch Netwerk THE HAGUE – The Netherlands has offered St. Maarten redemption on an existing loan, even though the country’s finances are not in order. More...

age-bakker-1
By webadmin On Friday, October 21st, 2016
0 Comments

Cft asks again for financial reports government entities

Cft-chairman prof. dr. Age Bakker. Photo contributed GREAT BAY – Financial supervisor Cft has received annual financial reports for 2015 from just three out of 41 government entities that are obliged to produce More...

minister-richard-f-gibson
By webadmin On Thursday, October 20th, 2016
0 Comments

Dutch hesitant to facilitate islands’ de-risking process

GREAT BAY – The Netherlands is hesitant about becoming a part of the solution for de-risking on the islands out of concerns about the supervision of the Central Bank, Finance Minister Richard Gibson said yesterday. The More...

richard-f-gibson-sr-na8
By webadmin On Thursday, October 20th, 2016
0 Comments

Minister Gibson: mixed feelings about new loan agreement

GREAT BAY – Finance Minister Richard Gibson disagrees with the opinion of financial supervisor Cft that the 2016 budget no longer meets the requirements of the kingdom law financial supervision. The Cft informed More...