Kingdom of the Netherlands [electronic resource] : Aruba: Detailed Assessment of Compliance with the Basel Core Principles for Effective Banking Supervision.
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TextSeries: IMF Staff Country Reports; Country Report ; No. 08/316Publication details: Washington, D.C. : International Monetary Fund, 2008Description: 1 online resource (63 p.)ISBN: 1451800126 :ISSN: 1934-7685Subject(s): Credit Institution | Credit Institutions | Interest Rate Risk | Market Risk | Risk Management | ArubaAdditional physical formats: Print Version:: Kingdom of the Netherlands : Aruba: Detailed Assessment of Compliance with the Basel Core Principles for Effective Banking SupervisionOnline resources: IMF e-Library | IMF Book Store Abstract: This paper discusses detailed assessment of compliance with the Basel Core Principles for effective banking supervision for the Kingdom of the Netherlands-Aruba. Aruba's offshore banking sector is small by international standards, with only two institutions registered. The mission also recommends that the Central Bank of Aruba (CBA) meet with management to better understand their plans for their Aruban operations and their financial results. Aruba remains open to foreign investment and migrant workers, who make up 40 percent of the population and have been key contributors to economic growth.
This paper discusses detailed assessment of compliance with the Basel Core Principles for effective banking supervision for the Kingdom of the Netherlands-Aruba. Aruba's offshore banking sector is small by international standards, with only two institutions registered. The mission also recommends that the Central Bank of Aruba (CBA) meet with management to better understand their plans for their Aruban operations and their financial results. Aruba remains open to foreign investment and migrant workers, who make up 40 percent of the population and have been key contributors to economic growth.
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