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Central Bank of Suriname |
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Central Bank of Suriname
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The Central Bank of Suriname
(Dutch: Centrale Bank van Suriname) is Suriname's highest monetary authority
and the country's governing body in monetary and economic affairs. 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. |
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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 a balanced social-economic
development. Mission of
the Centrale Bank van Suriname is to achieve price and financial stability to
contribute towards national economic growth and development. The Bank is
unique within the Surinamese economy and cannot be simply compared to
commercially based banks.
Centrale Bank van Suriname is assigned several
tasks as worded in the Bank Act of 1956. |
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These tasks are:
• to promote the value and stability of the currency of Suriname;
• to provide money circulation in Suriname, consisting of banknotes,
and also to facilitate money transfers;
• to promote the development of healthy banks and credits institutions
in Suriname;
• to supervise banks and credit unions according to the Law on
Supervision of Banks and Credit Unions 1968;
• to promote and facilitate international currency transfers; and
• to promote a balanced social-economic development in Suriname.
In achieving the tasks above, Centrale Bank van Suriname commits itself to
providing effective support functions through a sound banking and financial
control system, appropriate information system and the development of
competent and qualified staff. |
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Central Bank of Suriname |
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HQ
Address: |
Waterkant 16-20
Paramaribo
Suriname |
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Tel: |
+597 473 741 |
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Fax: |
+597 476 444 |
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Website: |
www.cbvs.sr |
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Swift Code: |
CBVSSRPA |
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Currency: |
Surinamese dollar |
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Banking Hours: |
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Monday - Friday : 8.00am - 2.00pm |
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Like all other central banks in
the world, Centrale Bank van Suriname must be well managed
and pursue a goal-oriented approach, as consistent as possible with
international best practice. The Central Bank also responsible in determined the
Prime Rate in Suriname. |
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List of banks governed by the Central Bank of
Suriname |
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» Banco Interamericano de Desarrollo |
» De Surinaamsche Bank N.V |
» Finabank N.V |
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» Hakrinbank N V Suriname |
» RBTT Bank (Suriname) N.V |
» Surinaamse Postspaarbank N.V |
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» Surinaamse Volkscredietbank (VCB) |
» Landbouwbank |
» Surichangebank |
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» Cooperatieve spaar- en kredietbank Godo |
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