The Centrale Bank Van Aruba
The Centrale Bank van Aruba is the central bank and sole financial supervisory authority of Aruba, established in 1986. It issues the Aruban florin, operates the I-Pago instant payment system, supervises credit institutions, insurance companies, pension funds, and AML/CFT compliance across the financial sector.
- Company typePrivate
- Founded1986
- HeadquartersOranjestad, Aruba
- Headcount51–100
- GTM typeB2B
- OfferingServices
What The Centrale Bank Van Aruba does
The Centrale Bank van Aruba (CBA) is the central bank and sole financial supervisory authority of Aruba, established on January 1, 1986 when Aruba obtained autonomous status within the Kingdom of the Netherlands. Headquartered in Oranjestad, Aruba, the CBA is a sui generis legal entity with autonomous position within the public sector, owned by the Government of Aruba. Its core mandate encompasses maintaining the internal and external value of the Aruban florin (pegged to the U.S. dollar at Afl. 1.79 = US$1.00 since inception), issuing currency (banknotes and coins), operating the national payment infrastructure, executing monetary policy, and supervising the integrity of the financial system.
The CBA's core technology and product portfolio centers on the I-Pago Instant Payment Clearing and Settlement System for interbank account-to-account transfers, the Aruban florin banknote and coin series (most recently redesigned in 2019 with modern security features), and the Vortex web-based regulatory reporting portal used by supervised institutions. Supervisory services span credit institutions, insurance companies, pension funds, money transfer companies, trust service providers, securities businesses, and DNFBPs, with dedicated AML/CFT compliance frameworks aligned with FATF recommendations. The bank also publishes economic bulletins, statistical digests, and biannual economic outlooks, and operates the Su Florin mobile application for public engagement.
The CBA does not operate as a commercial enterprise; it does not charge fees for core public services. Revenue mechanics include a 1.3% foreign exchange commission collected on behalf of the Government of Aruba, supervision cost pass-through to regulated institutions per State Decrees, and likely income from seigniorage and reserve asset management, though financial figures are not publicly disclosed. The institution serves approximately 51-100 employees and is governed by international memberships including IMF (via Kingdom of the Netherlands), FATF, and CFATF, with a new President, Thomas G.W.A. Domhoff, having taken office on July 1, 2026, and a Strategic Plan covering 2026-2030 recently launched.
The Centrale Bank Van Aruba firmographics
Firmographics- Name
- The Centrale Bank Van Aruba
- Legal name
- Centrale Bank van Aruba
- Website
- https://cbaruba.org
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- The Centrale Bank van Aruba is the central bank and sole financial supervisory authority of Aruba, established in 1986. It issues the Aruban florin, operates the I-Pago instant payment system, supervises credit institutions, insurance companies, pension funds, and AML/CFT compliance across the financial sector.
- Ownership category
- akta.pro rank
The Centrale Bank Van Aruba industry classification
Industry- Product category
- Central Banking
- NAICS
- Monetary Authorities-Central Bank (52111), Monetary Authorities-Central Bank (521)
- akta.pro primary industry
- Central Bank Reserve Management (FSAAAGAF)
- akta.pro secondary industries
- Regulatory Change, Governance & Compliance Management (GRC) (FSACAJAK), International Monetary & Financial Stability Institutions (BPADACAE)
Keywords
Where The Centrale Bank Van Aruba is headquartered
LocationHeadquarters
- HQ city
- Oranjestad
- HQ country
- Aruba
Offices1 record
Markets served
The Centrale Bank Van Aruba business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Others
Marketing channels5 records
The Centrale Bank Van Aruba product offering
Product offeringCore offering
The Centrale Bank van Aruba (CBA) is the central bank of Aruba, responsible for maintaining the internal and external value of the Aruban florin, issuing currency (banknotes and coins), operating the national payment system (I-Pago), conducting monetary policy, and supervising the financial sector including credit institutions, insurance companies, pension funds, money transfer companies, trust service providers, and securities businesses. It also enforces AML/CFT compliance under FATF standards and manages official foreign reserves.
Product overview
The Centrale Bank van Aruba (CBA) operates as a central bank offering a unified portfolio of products and services centered on monetary management and financial system supervision. Core offerings include the I-Pago instant payment clearing and settlement system for interbank transfers, Aruban Florin banknotes and coins (including commemorative coins), the CBA Lending Facility Program for liquidity support, and exchange rate services. The CBA also provides Financial Sector Supervision services covering credit institutions, insurance companies, pension funds, money transfer companies, and trust service providers, along with AML/CFT compliance supervision. Statistical and economic publications include Monthly and Quarterly Economic Bulletins, State of the Economy reports, and Economic Outlook projections. The Vortex Reporting Portal enables regulated entities to submit required data to the CBA.
Differentiator
Problem solved
Functional benefit
Brands
- I-Pago: Instant Payment Clearing & Settlement System operated by the CBA for settlement of interbank transfers (account-to-account transactions).
- Su Florin
Products and services
- I-Pago Instant Payment Clearing & Settlement System An instant payment clearing and settlement system operated by the CBA for the settlement of interbank transfers (account-to-account transactions). It enables fast, safe, and simple payments in Aruba for participating commercial banks.
- Aruban Florin Banknotes (Series 2019) Official currency banknotes issued by the CBA pursuant to the Central Bank Ordinance. The current series (2019) features modern security features. The florin is pegged to the U.S. dollar at Afl. 1.79 = US$ 1.00.
- Aruban Florin Coins Coins issued by the CBA on behalf of the Government of Aruba, including denominations of 5, 10, 25, 50 cents, and 1 and 2½ florins, serving as legal tender in Aruba.
- Commemorative Coins Limited gold and silver commemorative coins issued to commemorate extraordinary events or occasions, mostly on a yearly basis.
- CBA Lending Facility Program A liquidity support program providing loans in Afl. and/or USD to commercial banks facing temporary liquidity constraints through overnight, primary, secondary, and tertiary lending facilities.
- Financial Sector Supervision Services Regulatory and supervisory services for credit institutions, insurance companies, pension funds, money transfer companies, and trust service providers to maintain soundness and integrity of the financial system.
- AML/CFT Supervision Anti-Money Laundering and Combating Financing of Terrorism supervision services for financial institutions and designated non-financial service providers, aligned with FATF recommendations.
- Exchange Rate Services Daily exchange rate information for multiple currencies including USD, CAD, CHF, GBP, EUR, JPY, DKK, NOK, SEK, and XCG, sourced from Bloomberg Finance L.P.
- Vortex Reporting Portal Web-based reporting portal for financial institutions to submit statistical and regulatory data to the CBA, with video tutorials and user guides available.
Companies that use The Centrale Bank Van Aruba
Customer profileSegments7 records
Ideal customer profiles5 records
The Centrale Bank Van Aruba technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
The Centrale Bank Van Aruba partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor, core and major.
- Bloomberg Finance L.PminorBloomberg Finance L.P. provides exchange rate data to the CBA, as evidenced by the daily exchange rate listings on the CBA website attributing source data to Bloomberg Finance L.P.
- International Monetary Fund (IMF)coreMember of IMF through Kingdom of the Netherlands. The CBA publishes IMF reports and collaborates on economic research and financial sector assessments.
- Financial Action Task Force (FATF)coreMember of FATF through Kingdom of the Netherlands membership. CBA implements FATF Recommendations for AML/CFT compliance and participates in FATF evaluations and public statements on high-risk jurisdictions.
- Caribbean Financial Action Task Force (CFATF)coreMember of CFATF as part of FATF-style regional body. CBA participates in CFATF evaluations and adheres to public statements on AML/CFT compliance.
- De Nederlandsche Bank N.V. (DNB)majorDutch Central Bank collaborated with CBA on seminar 'Promoting the Integrity of Financial Institutions operating in the Caribbean part of the Kingdom of the Netherlands' on October 28, 2016.
Recent moves6 records
Expansion highlights5 records
The Centrale Bank Van Aruba competitors and assessment
Company assessmentDirect peers
- Central Bank of The Bahamas: Central bank of a small, tourism-dependent Caribbean economy with a long-standing USD peg and comparable supervisory and payment-system responsibilities.
- Centrale Bank van Curaçao en Sint Maarten: Central bank for Curaçao and Sint Maarten within the Kingdom of the Netherlands. Directly comparable as a small multi-island Caribbean monetary authority with a similar institutional heritage and supervisory mandate.
- Eastern Caribbean Central Bank: Monetary authority for eight Caribbean island economies. Closely comparable to CBA in scale, mandate (currency issuance, monetary policy, supervision) and small-open-economy context.
- Bank of Jamaica: Central bank of another small Caribbean open economy with USD-linked exchange rate history and similar tourism dependency; comparable in regulatory scope and policy toolkit constraints.
- Central Bank of Barbados: Central bank of a small Caribbean economy, comparable in supervisory breadth, payment system operations and macroeconomic surveillance responsibilities.
- Central Bank of Trinidad and Tobago: Regional Caribbean central bank with similar institutional functions including currency issuance, financial supervision and monetary policy, although operating at somewhat larger scale.
Broad incumbents
- De Nederlandsche Bank: Central bank of the Netherlands and CBA's historical institutional partner within the Kingdom. Comparable as a supervisory and monetary authority but vastly larger scale and broader European mandate.
- Federal Reserve: Issuer of the USD currency to which the Aruban florin is pegged. Functionally comparable as a monetary authority and payment system operator, but at incomparably greater scale and with a global policy mandate.
- European Central Bank: Supranational central bank for the euro area. Comparable as a monetary and supervisory authority (via the SSM) but operates across a multi-country jurisdiction with very different scale and tools.
- Bank of England: One of the world's oldest central banks with currency issuance, monetary policy and prudential supervision mandates. Comparable in mandate structure but operates at vastly greater scale and complexity.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
The Centrale Bank Van Aruba social profiles
Digital presenceThe Centrale Bank Van Aruba financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Centrale Bank Van Aruba leadership team
Management profileNumber of profiles
Profiles1 record
The Centrale Bank Van Aruba funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Centrale Bank Van Aruba M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Centrale Bank Van Aruba
What does The Centrale Bank Van Aruba do?
The Centrale Bank van Aruba (CBA) is the central bank of Aruba, responsible for maintaining the internal and external value of the Aruban florin, issuing currency (banknotes and coins), operating the national payment system (I-Pago), conducting monetary policy, and supervising the financial sector including credit institutions, insurance companies, pension funds, money transfer companies, trust service providers, and securities businesses. It also enforces AML/CFT compliance under FATF standards and manages official foreign reserves.
Is The Centrale Bank Van Aruba a public or private company?
The Centrale Bank Van Aruba is a private company. It is classified as state government owned and is currently operating.
When was The Centrale Bank Van Aruba founded?
The Centrale Bank Van Aruba was founded in 1986. It employs 51 to 100 people.
Where is The Centrale Bank Van Aruba based?
The Centrale Bank Van Aruba is headquartered in Oranjestad, Aruba.
Who are The Centrale Bank Van Aruba's main competitors?
Direct peers on record are Central Bank of The Bahamas, Centrale Bank van Curaçao en Sint Maarten, Eastern Caribbean Central Bank, Bank of Jamaica, Central Bank of Barbados and Central Bank of Trinidad and Tobago. Broad incumbents are De Nederlandsche Bank, Federal Reserve, European Central Bank and Bank of England.
Does The Centrale Bank Van Aruba have an API?
No public API is recorded for The Centrale Bank Van Aruba.
What industry is The Centrale Bank Van Aruba in?
The Centrale Bank Van Aruba's product category is Central Banking. Its primary akta.pro industry code is FSAAAGAF, Central Bank Reserve Management, with a secondary code of FSACAJAK, Regulatory Change, Governance & Compliance Management (GRC). Its NAICS code is 52111.