APC Bank obtains banking license and is busy with necessary preparatory work to start operating in Sint Maarten and Curacao

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Chairman of APC Bank’s Supervisory Board of Directors, Mr. Oswin (Oz) Eleonora

 

PHILIPSBURG / WILLEMSTAD – After an extensive preparatory process, APC Bank recently obtained a commercial banking license from the Central Bank of Curaçao and Sint Maarten. With this license, APC Bank can now focus on the necessary preparatory work to start operating in Curaçao and Sint Maarten.

APC Bank was founded in April 2020 and bought the shares of PSB in May. APC Bank plans to purchase the shares of CHB as well. In addition to these developments, APC Bank worked hard on its business and capitalization plans.

With the license in hand, APC Bank has initiated a communication process that will keep all stakeholders informed of developments. As a kick-off of the communication process, Mr. Oswin (Oz) Eleonora, Chairman of APC Bank’s Supervisory Board of Directors, briefed PSB and CHB employees on the recent developments in a town hall meeting held on January 15.

The community is also a key stakeholder. Therefore, you can expect to receive updates regularly. Further communication on this topic will follow.