CENTRALE BANK VAN SURINAME

Publicaties

Naar de Nederlandse versie


Centrale Bank van Suriname (CBvS) in consultation with the Directors of Commercial Banks has decided to introduce a reserve requirement system in May 2001.

Pursuant to this reserve requirement arrangement the Commercial Banks are required to maintain a cash reserve with CBvS in the form of non interest bearing deposits. The required reserve will be determined as a percentage of the 'Reserve Base'. Since October 20, 2004 the reserve ratio is set at 30 %. This reserve ratio may be adjusted based on the experiences gained in the operations of the system. The 'Reserve Base' includes all accounts held by the public in Suriname dollars id est: demand deposits, saving deposits, time deposits and other funds held by the public in the Commercial Banks.

Since January 1, 2007 the reserve ratio is reduced from 27% to 25%.

COMMERCIAL BANKS: RESERVE BASE AND RESERVE REQUIREMENTS
(in millions of Suriname Dollars)

  RESERVE BASE
1) 		 REQUIRED RESERVES HOUSING LOANS EFFECTIVE
REQUIRED RESERVES 		OUTSTANDING CREDIT AND
INVESTMENTS		 CASH IN VAULTS MONEY SUPPLY
 (M1) 2) 		 DOMESTIC LIQUIDITY
(M2) 3)
May 4, 10 2,001.1 498.0 178.3 319.8 1,615.9 85.2 1,760.4 2,013.2
May 11, 10 2,005.1 499.1 179.5 319.6 1,623.1 96.5 1,748.6 2,010.8
May 18, 10 2,022.4 503.4 179.6 323.7 1,699.7 98.5 1,799.4 2,061.3
May 25, 10 2,043.4 508.6 180.1 328.6 1,711.7 99.3 1,882.0 2,142.6
Jun 1, 10 2,069.2 515.1 181.7 333.3 1,720.0 77.0 1,900.8 2,150.8
Jun 8, 10 2,089.9 520.2 182.1 338.1 1,721.3 81.9 1,844.3 2,109.4
Jun 15, 10 2,097.2 522.0 182.8 339.2 1,721.3 92.0 1,846.8 2,114.1
Jun 22, 10 2,080.6 517.9 182.8 335.0 1,733.1 95.5 1,827.2 2,093.2
Jun 29, 10 2,091.1 520.5 182.8 337.7 1,740.2 79.1 1,917.3 2,192.8
Jul 6, 10 2,085.7 519.2 184.1 335.1 1,749.6 82.9 1,890.9 2,161.2
Jul 13, 10 2,138.6 521.9 184.4 337.4 1,814.7 92.1 1,869.9 2,139.6
Jul 20, 10 2,145.2 523.4 184.4 339.0 1,816.9 95.6 1,884.1 2,151.7
Jul 27, 10 2,161.5 527.4 184.8 342.6 1,840.0 86.6 2,010.5 2,281.8

Source: Research & Documentation Dept., Centrale Bank van Suriname
1)     Includes demand, savings and time deposits, as well as other deposits held in Suriname dollars
2)     Includes currency in active circulation and demand deposits
3)     In addition to M1, includes liquid savings, time and other deposits with a remaining maturity of one year or less and gold certificates


 

 
 

 

Home About CBvS Press Releases Statistics Publications Contact Info External Links Copyright/Disclaimer Miscellaneous

© 2010 Centrale Bank van Suriname