Central Bank of Suriname

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Central Bank of Suriname
Centrale Bank van Suriname
Centrale Bank van Suriname logo
Centrale Bank van Suriname logo
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 (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. 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.

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

History[]

Centrale Bank van Suriname.png

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.[2]

Governors[]

  • , April 1957 – October 1961
  • , July 1963 – December 1980
  • Jules Sedney, December 1980 – January 1983
  • , January 1985 – January 1994
  • , March 1994 – December 1996
  • , January 1997 – August 2000[3]
  • , September 2000 – August 2010
  • , September 2010 – August 2015
  • , February 2016 – February 2019
  • , March 2019 – January 2020
  • , February 2020 –

Source:[4]

See also[]

20 Surinamese dollar

References[]

  1. ^ Jump up to: a b https://d-nb.info/1138787981/34
  2. ^ "The History of Money in Suriname". Centrale Bank van Suriname – Numismatic Museum. Retrieved 5 July 2010.
  3. ^ "Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. Sept 1991". HathiTrust.
  4. ^ "Directory – Centrale Bank van Suriname". March 27, 2015. Archived from the original on March 27, 2015.

External links[]

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