IMF Staff Country Reports

Kingdom of the Netherlands-Aruba: Technical Assistance Report-Financial Stability Diagnostic and Scoping Mission

Publication Date:

May 19, 2023

Electronic Access:

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Summary:

Aruba has a sizeable financial sector, dominated by commercial banks that are generally well capitalized and hold ample liquidity buffers. Within the context of a conservative business model, capital adequacy and liquid assets to total assets ratios have been around double the regulatory minima. Banks are profitable and before the pandemic the NPL ratio was at a moderate level. Due to the Covid-19 pandemic, the NPL risks increased, but have remained within acceptable ranges.

Series:

Country Report No. 2023/170

Subject:

Commercial banks Financial institutions Financial sector policy and analysis Financial sector stability Housing prices International organization Loans Monetary policy Mortgages Prices

Frequency:

regular