Government Working On A Solution For Giro Bank
WILLEMSTAD –
There is light at the end of the tunnel for the Giro Bank. While there
are still some finishing touches regarding an agreement, but a good part
of the portfolio of performing loans of the Giro Bank will be
transferred to the new APC Bank, which belongs to the General Pension
Fund Curaao. When the APC Bank will start its operations is not yet
known.
Another issue that will be resolved is that all
account holders and deposit holders can dispose of the full amount of
the funds they have at Giro Bank.
APC, itself a 39.8 percent shareholder in Giro
Bank, is contributing around 110 million guilders for this Read more
Candidates in this article: