World Library  
Flag as Inappropriate
Email this Article
 

Central Bank of Suriname

Central Bank of Suriname
Centrale Bank van Suriname
Centrale Bank van Suriname logo
Centrale Bank van Suriname logo
Headquarters Paramaribo, Suriname
Established April 1, 1957 (1957-April-01)
Governor Gillmore Hoefdraad
Central bank of Suriname
Currency Surinamese dollar
SRD (ISO 4217)
Website http://www.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.

Contents

  • History 1
  • See also 2
  • References 3
  • External links 4

History

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.[1]

See also

100 Surinamese guilder note which was issued by the bank until 2004

References

  1. ^ "The History of Money in Suriname". Centrale Bank van Suriname - Numismatic Museum. Retrieved 5 July 2010. 

External links

  • Central Bank of SurinameOfficial site:
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.