Willemstad/Philipsburg:— The Centrale Bank van Curaçao en Sint Maarten (CBCS) was forced, in view of deficiencies at Banco del Orinoco N.V., to petition the Court of First Instance of
Curaçao to adopt an emergency measure with respect to Banco Del Orinoco. The petition was
made in the interest of depositors and other creditors of Banco Del Orinoco.
The emergency measure for Banco Del Orinoco was pronounced by the Court of First Instance of Curaçao on September 5, 2019. As a result of the emergency measure, Banco Del Orinoco cannot be forced to satisfy its debts. Any pending enforcement measures are