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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.
PSC Group, founded in 1952 and based in Baton Rouge, Louisiana, is a prominent provider of embedded logistics and industrial services for critical infrastructure sectors across North America. The company, originally known as Petroleum Service Corporation, focuses on safety, efficiency, and sustainability in its operations. It is currently backed by Aurora Capital Partners and The Jordan Company. The company offers a wide range of specialized services, including logistics and product handling, industrial operations, sustainability solutions, and workforce solutions. Their logistics services encompass rail switching, truck and marine logistics, and dock operations. PSC Group also provides tankerman services, terminal operations, and industrial cleaning for hazardous environments. Additionally, they focus on waste management, recycling, and environmental compliance, along with skilled labor provisioning for various sectors. PSC Group serves major clients in petrochemical and refining, marine transportation, and sustainability-driven enterprises. The company is recognized for its strong safety record, extensive geographic reach, and commitment to employee welfare through competitive benefits and training programs.
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