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{{Short description|Central Bank of Suriname}}{{Infobox Central bank
{{Short description|State-owned bank in Suriname}}{{Infobox Central bank
|logo = Central Bank of Suriname logo.png
|logo = Central Bank of Suriname logo.png
|logo_size = 100px
|image= DSC 2608 Gebouw Centrale Bank van Suriname Waterkant Paramaribo.jpg
|image= DSC 2608 Gebouw Centrale Bank van Suriname Waterkant Paramaribo.jpg
|caption = The CBvS in 2022
|caption = The CBvS in 2022
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}}
}}


The '''Central Bank of Suriname''' (CBvS) ({{lang-nl|Centrale Bank van Suriname}}) is [[Suriname]]’s highest monetary authority and the country’s governing body in monetary and economic affairs.<ref name="CNW Network 2022 v461">{{cite web | title=Belgian court orders company to repay millions to the Central Bank of Suriname | website=CNW Network | date=23 Oct 2022 | url=https://www.caribbeannationalweekly.com/news/caribbean-news/belgian-court-orders-company-to-repay-millions-to-the-central-bank-of-suriname/ | access-date=18 Aug 2023}}</ref>
The '''Central Bank of Suriname''' (CBvS) ({{langx|nl|Centrale Bank van Suriname}}) is [[Suriname]]’s highest monetary authority and the country’s governing body in monetary and economic affairs.<ref name="CNW Network 2022 v461">{{cite web | title=Belgian court orders company to repay millions to the Central Bank of Suriname | website=CNW Network | date=23 Oct 2022 | url=https://www.caribbeannationalweekly.com/news/caribbean-news/belgian-court-orders-company-to-repay-millions-to-the-central-bank-of-suriname/ | access-date=18 Aug 2023}}</ref>


The Central Bank’s tasks were legislated in the Bank Act of 1956. Like other central banks, it is the principal monetary authority of the country. Other tasks include the promotion of the value and stability of the currency of Suriname, the provision of money circulation, the safeguarding of private banking and credit union activities, together with balanced socio-economic development.<ref name="Baptiste 2022 p462">{{cite web | last=Baptiste | first=Dionne | title=Suriname: 8-year jail term for former Central Bank Governor | website=Loop News | date=1 Feb 2022 | url=https://caribbean.loopnews.com/content/suriname-8-year-jail-term-former-central-bank-governor | access-date=18 Aug 2023}}</ref>
The Central Bank’s tasks were legislated in the Bank Act of 1956. Like other central banks, it is the principal monetary authority of the country. Other tasks include the promotion of the value and stability of the currency of Suriname, the provision of money circulation, the safeguarding of private banking and credit union activities, together with balanced socio-economic development.<ref name="Baptiste 2022 p462">{{cite web | last=Baptiste | first=Dionne | title=Suriname: 8-year jail term for former Central Bank Governor | website=Loop News | date=1 Feb 2022 | url=https://caribbean.loopnews.com/content/suriname-8-year-jail-term-former-central-bank-governor | access-date=18 Aug 2023}}</ref>
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After the start of Suriname’s political self-government from the [[Netherlands]] in 1954, changes were instigated to the country’s monetary system; on 1 April 1957, the ''Central bank of Suriname'' was established in [[Paramaribo]] and took over the issuing of currency.
After the start of Suriname’s political self-government from the [[Netherlands]] in 1954, changes were instigated to the country’s monetary system; on 1 April 1957, the ''Central bank of Suriname'' was established in [[Paramaribo]] and took over the issuing of currency.


Until 1957, ''[[De Surinaamsche Bank]]'' (DSB), which at that time was a subsidiary of the Dutch [[Nederlandsche Handel-Maatschappij]] and the largest commercial bank in Suriname, acted as default issuer of currency.<ref>{{cite web |url=http://www.cbvs.sr/english/museum/numis-infovoorz-geschiedenis%20geldwezen.htm |title=The History of Money in Suriname |publisher=Centrale Bank van Suriname – Numismatic Museum |accessdate = 5 July 2010 }}</ref>
Until 1957, ''[[De Surinaamsche Bank]]'' (DSB), which at that time was a subsidiary of the Dutch [[Nederlandsche Handel-Maatschappij]] and the largest commercial bank in Suriname, acted as default issuer of currency.<ref>{{cite web |url=http://www.cbvs.sr/english/museum/numis-infovoorz-geschiedenis%20geldwezen.htm |title=The History of Money in Suriname |publisher=Centrale Bank van Suriname – Numismatic Museum |accessdate=5 July 2010 |archive-date=24 April 2010 |archive-url=https://web.archive.org/web/20100424064329/http://www.cbvs.sr/english/museum/numis-infovoorz-geschiedenis%20geldwezen.htm |url-status=dead }}</ref>


==Governors==
==Governors==
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*[[Henk Goedschalk]], January 1985 – January 1994
*[[Henk Goedschalk]], January 1985 – January 1994
*[[André Telting]], March 1994 – December 1996
*[[André Telting]], March 1994 – December 1996
*[[Henk Goedschalk]], January 1997 – August 2000<ref>{{Cite book|url=https://babel.hathitrust.org/cgi/pt?id=uc1.c110545539|title=Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. Sept 1991.|website=HathiTrust|year=2003}}</ref>
*[[Henk Goedschalk]], January 1997 – August 2000<ref>{{Cite book|url=https://babel.hathitrust.org/cgi/pt?id=uc1.c110545539|title=Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. Sept 1991.|via=HathiTrust|year=2003}}</ref>
*[[André Telting]], September 2000 – August 2010
*[[André Telting]], September 2000 – August 2010
*[[Gillmore Hoefdraad]], September 2010 – August 2015
*[[Gillmore Hoefdraad]], September 2010 – August 2015
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* [[Dutch Caribbean Securities Exchange]]
* [[Dutch Caribbean Securities Exchange]]
* [[Central banks and currencies of the Caribbean]]
* [[Central banks and currencies of the Caribbean]]
* [[List of central banks]]


== References ==
== References ==
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[[Category:1957 establishments in Suriname]]
[[Category:1957 establishments in Suriname]]
[[Category:Banks established in 1957]]
[[Category:Banks established in 1957]]
[[Category:Companies of Suriname]]



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Latest revision as of 20:48, 8 December 2024

Central Bank of Suriname
Centrale Bank van Suriname
The CBvS in 2022
The CBvS in 2022
HeadquartersWaterkant, Paramaribo, Suriname
EstablishedApril 1, 1957 (1957-April-01)
Ownership100% state ownership[1]
GovernorMaurice Roemer
Central bank ofSuriname
CurrencySurinamese dollar
SRD (ISO 4217)
Reserves220 million USD[1]
Websitewww.cbvs.sr

The Central Bank of Suriname (CBvS) (Dutch: Centrale Bank van Suriname) is Suriname’s highest monetary authority and the country’s governing body in monetary and economic affairs.[2]

The Central Bank’s tasks were legislated in the Bank Act of 1956. Like other central banks, it is the principal monetary authority of the country. Other tasks include the promotion of the value and stability of the currency of Suriname, the provision of money circulation, the safeguarding of private banking and credit union activities, together with balanced socio-economic development.[3]

The Central Bank is headed by a Governor and divided into three directorates: Banking Operations, Monetary and Economic Affairs and Supervision.

20 Surinamese dollars

History

[edit]

After the start of Suriname’s political self-government from the Netherlands in 1954, changes were instigated to the country’s monetary system; on 1 April 1957, the Central bank of Suriname was established in Paramaribo and took over the issuing of currency.

Until 1957, De Surinaamsche Bank (DSB), which at that time was a subsidiary of the Dutch Nederlandsche Handel-Maatschappij and the largest commercial bank in Suriname, acted as default issuer of currency.[4]

Governors

[edit]

Source:[6]

See also

[edit]

References

[edit]
  1. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ "Belgian court orders company to repay millions to the Central Bank of Suriname". CNW Network. 23 Oct 2022. Retrieved 18 Aug 2023.
  3. ^ Baptiste, Dionne (1 Feb 2022). "Suriname: 8-year jail term for former Central Bank Governor". Loop News. Retrieved 18 Aug 2023.
  4. ^ "The History of Money in Suriname". Centrale Bank van Suriname – Numismatic Museum. Archived from the original on 24 April 2010. Retrieved 5 July 2010.
  5. ^ Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. Sept 1991. 2003 – via HathiTrust.
  6. ^ "Directory – Centrale Bank van Suriname". March 27, 2015. Archived from the original on March 27, 2015.
[edit]


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