WILLEMSTAD – Banks, insurance companies, and pension funds in Curaçao and Sint Maarten remained broadly resilient during 2025 despite growing external pressures and economic uncertainty, according to the latest Financial Stability Report published by the Central Bank of Curaçao and Sint Maarten.
The CBCS said the resilience of the financial sector was supported by strong capital positions, healthy investment performance, and favorable underwriting conditions throughout the year.
The report assessed the condition of financial institutions across the monetary union, including banks, insurers, and pension funds holding combined assets of approximately 28.8 billion guilders.
While financial institutions performed relatively well during 2025, the central bank emphasized that severe stress scenarios continue to reveal vulnerabilities.
According to the report, stress tests showed that risks become significantly more visible during periods of extreme financial or economic pressure, particularly in areas related to credit quality, liquidity management, and market exposure.
The CBCS also noted that the increasingly digital nature of the financial system is creating new operational and cybersecurity risks.
As a result, the central bank says strengthening cyber resilience remains one of its main priorities going forward, alongside climate-related financial risks.
The report suggests that although the financial system remains stable for now, authorities are preparing for a more volatile international environment in the years ahead.