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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.
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EDGAR COUNTY BANK IS NOW PROSPECT BANK Edgar County Bank opened its doors in 1873 with a single mission: To help people achieve the American Dream. That mission is as true today as it was 144 years ago. Over time, weve grown alongside the Central Illinois community—and thanks to your support, weve expanded beyond Edgar County. Thats why, effective immediately, Edgar County Bank is now Prospect Bank: a name that reflects who we are today, and our plans for the future. We believe in the people of Central Illinois. As Prospect Bank, were not going anywhere. Were going everywhere—and were excited to show you what we can do for you. If you have any questions about our name change or anything related to Prospect Bank, dont hesitate to contact us. https://www.bankprospect.com/
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