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The Banks most important objectives are to maintain the external stability of the Netherlands Antillean guilder (NAf.) and to promote the efficient functioning of the financial system in the Countries Curacao and St. Maarten. To realize these objectives, the Bank, as the supervisory authority, has frequently recurred to credit control measures and/or to change the discount rate. The functions of the Bank, explicitly summed up in the Bank Charter, are; First, the Bank is the only institution entitled by law to issue paper money in the Countries Curacao and St. Maarten. The Bank also is charged with the circulation of coins. Second, the Bank supervises banking and credit institutions to guarantee depositors and other creditors funds at banking and credit institutions in particular and the soundness of the financial sector in general. Third, the Bank manages the foreign exchange reserves of the Netherlands Antilles, which includes regulating of the transfer of payments between residents and nonresidents of the Countries Curacao and St. Maarten. Finally, the Bank acts as the governments treasurer by receiving and making payments from and to the public through the tax collectors accounts at the Central Bank.
Headquartered in Lyndhurst, NJ, NAVAC was incorporated in 2017 to enter the industrial vacuum market as a high quality and high performance alternative to the more expensive and recognizable name brands. With a vision of leading the global market in both industrial vacuum and HVAC/R tools (including vacuum pumps), and having already achieved the latter in 2002, NAVAC will take advantage of continuous technical innovation, superior customer service, and the ability to offer levels of customization not often seen in the industry to achieve the same result for industrial vacuum. NAVAC is committed to establishing long-term, mutually beneficial relationships with our partners by building fair and open platforms for cooperation. As such, we already have a strong OEM business in the U.S. as suppliers to some of the most well known brands in the world. We can offer the same levels of service and customization to our NAVAC end users as well. We currently offer a full line of one- and two-stage oil-sealed rotary vane vacuum pumps and accessories. NAVAC is Your Ideal Vacuum Pump no matter what the application and we are committed to winning your business. We offer a full line of high-quality, competitively priced pumps. Most all models are stocked in our NJ warehouse. If we do not offer what you are looking for as standard, we want to work with you to develop the perfect solution.
Our lender-placed insurance, blanket insurance, and specialty insurance programs provide comprehensive coverage to financial institutions, government entities, property investors, and property & casualty agencies. Proctor Loan Protectors service solutions are powered by superior customer service, proprietary innovations, technology, and an experienced team. We perform insurance tracking, which includes policy procurement, mail processing, disbursement facilitation, and an award-winning borrower call center.
We are an OEM manufacturer of linear actuators and lifting columns, located in the Greater Grand Rapids area! Our parents company, Jiecang Linear Motion Technology Co.,Ltd was established in 2000 in Xinchang, China. Due to their high standards, their products quickly became globally respected for use in medical and home care equipment. With a large customer base in the United States, they found it necessary to purchase a facility locally which happened in 2018.