Strategic plan CBCS

Willemstad / Philipsburg – The Central Bank of Curaçao and Sint Maarten (CBCS) started the process early this year to formulate the strategy that will guide the Bank in the coming years. As a first step in this process, interviews were conducted with a small group of external stakeholders in order to get a first impression of the perceptions about, among other things, the service provision and the role of the Bank. The result, as well as the trends and developments that could influence the strategic direction for the CBCS, were discussed with the Executive Board and the Supervisory Board. After this, the sessions were started with the management layer of the Bank where the new vision, mission and core values ​​for the Bank were formulated, as well as the strategic goals for the period 2018 – 2020. In the context of a more transparent approach, the concept strategy recently presented to both the employees of the Bank and a large group of external stakeholders for their input which will be included in the final formulation of the strategy.
In the coming weeks, the formulated strategy will be further elaborated by the organization into concrete plans with which the sectors can contribute to the streamlined functioning of the CBCS. The final strategic plan will be presented to the Supervisory Board at the beginning of March, after which it can be implemented. With this new strategy, the Bank wants to continue to make an optimal contribution to a healthy financial sector.