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Category: Finance/Banking

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AI Banking Suriname

The Transformation of the Banking and Finance Sector through AI in Suriname

An essay for the Benefit of Bankers eyesonsuriname Amsterdam, 18 mei 2023–The rapid advancements in artificial intelligence (AI) have revolutionized various industries, and one sector that has witnessed significant transformation is banking and finance. AI technologies, such as machine learning, natural language processing, and predictive analytics, have enabled financial institutions to enhance operational efficiency, improve…
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Suriname & the IMF

Suriname & the IMF

eyesonsuriname The IMF staff team and Surinamese authorities reached a staff-level agreement on the second review of the authorities’ economic recovery program supported by the Extended Fund Facility (EFF). The review is subject to approval by the IMF’s Executive Board.. Suriname’s economy continues its slow post-pandemic recovery, but the shock of higher commodity and food…
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The Eternal Golden Braid

The Eternal Golden Braid

The gold connection between  West-Africa and Suriname   The Cultural Origin of African Surinamers   by Ba Kwasi (Christopher Healy)   6 June 2022 (09:45) The gable of the Iamgold Office in Paramaribo,  Suriname is adorned with a profile portrait of Mansa Musa (1312-1337), the ninth Mansa (king) of the Mali Empire (6th to 13th century).…
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FOOD FOR BANKING THOUGHT

Food for Banking Thought

One Question eyesonsuriname 1️⃣ How does a bank ‘work’? A bank is split into banking assets that is what a bank owns  vs liabilities or what a bank owes. A bank’s assets, like the US$23 trillion in the US): They help the bank generate income and a ‘healthy’ portfolio includes a mix of loans plus…
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Restructuring Oppenheimer debts

Restructuring Oppenheimer debts

Cautious recovery start  eyesonsuriname Amsterdam, May 4, 2023– After protracted negotiations since 2020, the government has reached an agreement in principle with the Eurobond Creditor Committee on the restructuring of the Oppenheimer debts.  These debts weigh heavily on the budget and limit the financial scope to implement policy for the population.  The restructuring of the…
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New Gold Rules in Brazil

Gold Provisional Measure eyesonsuriname Amsterdam, 26 april 2023– According to reports from Brazilian media, Brasilia has concluded the Gold Provisional Measure (MP) which eliminates the concept of good faith and mandates the use of electronic invoices for the purchase, sale, and transportation of gold within the country. The Justice Minister, Flávio Dino, has already signed the…
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The Fall of Silicon Valley Bank

Crisis SVB changes interest policies Central Banks eyesonsuriname Amsterdam, 12 March 2023– In early March, 40 chief financial officers from various technology groups gathered in Utah at the ski resort of Deer Valley for an annual “snow summit” hosted by Silicon Valley Bank, a crucial financial institution for start-ups.  Barely a week later, on Thursday…
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Suriname signs Letter of Intent

Suriname signs Letter of Intent

For a safer, more reliable country eyesonsuriname Amsterdam, March 9, 2023– Suriname has signed a letter of intent with the American research and risk consultancy firm, Kroll Risk and Financial Advisory Solutions. The country is represented by the ministers of Justice and Police and Finance and Planning.The agency will assist Suriname in closing gaps so…
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Suriname Ultimate Solution

The Ultimate Solution

eyesonsuriname/s.coutinho Amsterdam, Feb 20th 2023–To our beloved Suriname: IMF has never ever  brought solace anywhere, but we often think that “we” cannot do it. See result IMF Friday: looting just like Lebanon. Rate of 7.3 – 35 and inflation of 54%! And the pain will keep coming. Solution model Phase 1: (1-4 months) Alternative capital: find…
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Meditation for Political, Financial Leaders

Meditation for Political, Financial Leaders

And All Others Interested h.leggett / eyesonsuriname Amsterdam, February 11, 2023 — Feeling depressed, anxious, down? You’re not and far from alone. During the pandemic, rates of anxiety and depression soared around the globe, resulting in a shortage of mental health care providers and long wait times for therapy. But, according to a new study from…
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