The Centrale Bank van Suriname is assigned several tasks as provided in the Bank Act of 1956 (Prevailing Text S.B. 173 of 2010).
The Bank’s duties are as follows:
- promoting stability in the value of the Surinamese currency;
- attending to the circulation of money in Suriname with respect to banknotes and facilitating cashless payments;
- promoting the development of a sound banking and credit sector in Suriname;
- supervising the banking and credit sector, the pension and insurance sector, currency exchange operations, and transfers of financial resources from and to other countries, all on the basis of the applicable provisions of law; supervision is also aimed at ensuring the integrity of the institutions active in these sectors and sub-sectors;
- promoting and facilitating payment transactions by Suriname with other countries;
- promoting the balanced socioeconomic development of Suriname.