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Economy and Banking Sector of Curacao

Financial Services

Financial sector of Curacao is focused on providing the following financial services:

  • wealth management
  • cross-border investments
  • fund management

Deposit Guarantee Scheme

Maximum Protected Amount

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

From a depositor's point of view it is important to know:

  • if the depositor is eligible within the terms of the deposit guarantee scheme;
  • if the depositor's bank is a participant in the deposit guarantee scheme;
  • if the depositor's type of deposit is covered by the deposit guarantee scheme.

There is no deposit guarantee scheme in Curacao.

Banking Supervision

 Central Bank of Curacao and Sint Maartin

Banking Sector Structure

Number of Banks

Currently there are 52 credit institutions operating in Curacao.

All the credit institutions operating in Curacao can be classified into several categories. Table 1 summarises the number of banks in each category.

CategoryNumber of Banks
Branches of Foreign Banks1
Central banks1
Consolidated International Banks7
Credit Unions7
Local General Banks6
Non-Consolidated International Banks22
Savings and Credit Funds2
Savings Banks1
Specialized Credit Institutions4
Subsidiaries of Foreign Banks1

Table 1. Number of banks by category in Curacao.