Central Bank of Suriname

Central Bank of Suriname
Centrale Bank van Suriname
The CBvS in 2022
The CBvS in 2022
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 (CBvS) (Dutch: Centrale Bank van Suriname) is Suriname’s highest monetary authority and the country’s governing body in monetary and economic affairs.[2]

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.[3]

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

20 Surinamese dollars
  1. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ "Belgian court orders company to repay millions to the Central Bank of Suriname". CNW Network. 23 Oct 2022. Retrieved 18 Aug 2023.
  3. ^ Baptiste, Dionne (1 Feb 2022). "Suriname: 8-year jail term for former Central Bank Governor". Loop News. Retrieved 18 Aug 2023.

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