Girobank takes over the Centrale Hypotheek Bank

Girobank takes over the Centrale Hypotheek Bank (CHB). Both institutions signed a Letter of Intent on this yesterday. Once this transaction is done, Girobank will be offering mortgages on all the islands of the Neth.Antilles.

By purchasing the biggest mortgage supplier of the Antilles (with a market share of 33 percent), Girobank becomes immediately the biggest player on the market for house mortgages. Girobank wanted to be active in this sector for quite some time already. With a totally controlled capital of more than 1.7 milliard guilders, Girobank becomes at one go the third private bank in Curacao.

The shareholders of the Girobank and of the General Pension-fund of the Neth.Antilles (Apna, the large shareholder in CHB) agreed with the purchase- and sale intention. After the permission of the Bank of the Neth.Antilles, everything must be finished off in the coming months.

Apna is shareholder of CHB as well as the Girobank with respectively 93 and 40 percent of the shares. The majority of the Girobank shares are owned by the Venezuelan Total Holding NV under Victor Gil.

(Source: National Newspaper Amigoe)

August 19, 2008

Signing legal status of police declared invalid

PHILIPSBURG–Members of the different labour unions were updated about the approved 2019 budget during an informative meeting on Monday, July 8, held by the unions Nationale Algemene Politie Bond (NAPB), Windward Islands Civil Service Union/Private Sector Union (WICSU/PSU) and Algemene Bond van Overheidspersoneel (ABVO) for all members.

Minister Andin Bikker van Aruba bezoekt Hof van Justitie op Curacao

WILLEMSTAD - Minister van Justitie en Immigratie van Aruba, Andin Bikker, heeft donderdag 11 juli een bezoek gebracht aan het Hof in Curaçao. Hij werd daarbij vergezeld door Adviseur Algemene en Juridische Zaken Milko Baiz.

Nederland grijpt in op Curacao middels aanwijzing

Aanwijzing en onderlinge regeling moeten Curaçao er financieel bovenop helpen
DEN HAAG/WILLEMSTAD - De Rijksministerraad heeft op voorstel van staatssecretaris Knops van Binnenlandse Zaken en Koninkrijkrelaties een besluit tot een aanwijzing aan de regering van Curaçao genomen.