Supervision - List of financial institutions under the supervision of the CBA as of December 31, 2021

1. Credit institutions that have been granted a license pursuant to article 4 of the State Ordinance on the Supervision of the Credit System (AB 1998 No. 16)

• Commercial banks
  Aruba Bank N.V.
  Banco di Caribe (Aruba) N.V.
  Caribbean Mercantile Bank N.V.
  RBC Royal Bank (Aruba) N.V.
• Mortgage banks
  Fundacion Cas pa Comunidad Arubano (FCCA)
• Credit unions
  Cooperatieve Spaar - en Kredietvereniging Douane Aruba
  Cooperativa di Ahorro y Prestamo Aruba (CAPA)
• Other financial institutions
  AIB Bank N.V.
  Island Finance Aruba N.V.

2.Credit institutions that have been granted a license pursuant to article 24 of the State Ordinance on the Supervision of the Credit System (AB 1998 No. 16)

• Commercial banks
  FirstCaribbean International Bank (Cayman) Limited – Aruba Branch¹

Footnote 1: This entity is no longer active.

3. Financial institutions that have been granted an exemption pursuant to article 48, paragraph 3, of the State Ordinance on the Supervision of the Credit System (AB 1998 No. 16)

• Pawnshops
  Compra y Venta El Triunfo N.V.
  Estrella America N.V.

• Finance companies
  Mack's Total Finance V.B.A. 
  Qredits Microfinancing Nederland
  Volkskredietbank van Aruba
  Bluestart Capital (Aruba) VBA
  

• Mortgage brokers
  Framo Insurances N.V.

4. Life and general (non-life) insurance companies that have been granted a license pursuant to article 5 of the State Ordinance on the Supervision of the Insurance Business (AB 2000 No. 82) Life insurance companies operating in Aruba

Life insurance companies operating in Aruba

• American Bankers Life Assurance Company of Florida Limited, Agency
• Ennia Caribe Leven (Aruba) N.V.
• Fatum Life Aruba N.V. (Trade name: Guardian Group Fatum Life Aruba and Guardian Group Life Aruba)
• Nagico Life Insurance (Aruba) N.V. (Trade Name: Nagico Life Insurance)
• Pan-American Life Insurance Company of Aruba V.B.A.
• Sagicor Life Aruba N.V.

Non-life (general) insurance companies operating in Aruba

Captive insurance companies

• Bancarib Real Insurance Aruba N.V.
• MCB Risk Insurance N.V.
• Mondis Manufacturers Insurance Company N.V.

5. Company pension funds that have been granted authorization pursuant to the State Ordinance on the Supervision of Company Pension Funds (AB 1998 GT 17)

• Lago Annuity Foundation
• Stichting Algemeen Pensioenfonds Aruba (APFA)
• Stichting Fondo di Pensioen di trahadornan di Empresanan y Fundacionnan Publico (FPEF)
• Stichting Pensioenfonds Caribbean Mercantile Bank
• Stichting Pensioenfonds Havenwerkers Aruba
• Stichting Pensioenfonds Meta Bedrijven Aruba
• Stichting Pensioenfonds Tourist Sector Aruba (PFTSA)

6. Money Transaction Companies that have been granted authorization pursuant to article 3 of the State Ordinance on the Supervision of the Money Transaction Companies (AB 2003 No. 60)

• Mack’s Exchange Services VBA
• Post Aruba N.V.
• Union Caribe N.V.
• Kalpa Exchange Services VBA
  

7. Money Transaction Companies that have been granted exemption pursuant to article 10 of the State Ordinance on the Supervision of the Money Transaction Companies (AB 2003 No. 60)

• MoneyGram International Inc.
• Western Union Financial Services International, Inc.

8. Trust Service Providers under supervision of the CBA pursuant to article 2 of the State Ordinance Supervision of Trust Service Providers(AB 2009 No. 13)

• AMTR N.V., whether or not through AMTR Management N.V. 
• Arulex Trust Services N.V.
• C.T.F. (Aruba) N.V.
• Euro Trust International N.V.
• IMC International Management & Trust Company N.V., whether or not through IMC Management Services (Aruba) N.V., IMC Management Company (Aruba) N.V., Oyens Aruba Management Corporation N.V., ATS Management N.V., IMC Corporate Services (Aruba) N.V.
• Intima Management N.V.
• Vistra (Aruba) N.V.
• Standard Trust Company N.V.
• United Trust Management (Aruba) UTM N.V.

9. Insurance Brokers under supervision of the CBA pursuant to article 2 of the State Decree on the supervision of insurance brokers (AB 2014 NO. 6)

1. Insurance brokers that have been granted a license pursuant to article 2, paragraph 1, of the State Decree on the Supervision of Insurance Brokers (AB 2014 no. 6)

Aresta Aruba N.V.

Assurantie Service Centrum Aruba A.S.C.A. N.V.

Boogaard Assurantiën N.V.

De L’Isle & Sons Insurance Brokers N.V.

EFS Equidad Financial Services N.V.

Framo Insurances N.V.

Jai Mahalaxmi Enterprises N.V.

Lyder Insurance Consultants N.V.

Navigator Insurance Consultants Aruba N.V.

Pentagon Investment & Consultancy N.V.³

Seguros Geerman N.V.

TIB Tromp Insurance Broker VBA

Turtle Island Insurance Broker N.V.

Verdant Insurance and Management Company Group N.V.

WeThink Solutions Consultancy V.B.A.

Worldwide Insurance Agency N.V.

Footnote 3: Pentagon Investment & Consultancy N.V. is in liquidation. License revoked.

2. Credit Institutions that have registered at the Centrale Bank van Aruba pursuant to article 2, paragraph 3, of the State Decree on the Supervision of Insurance Brokers (AB 2014 no. 6)

Aruba Bank N.V.

Banco di Caribe (Aruba) N.V.

Caribbean Mercantile Bank N.V.

FirstCaribbean International Bank (Cayman) Limited – Aruba Branch

Fundacion Cas pa Comunidad Arubano (FCCA)

Island Finance Aruba N.V.

RBC Royal Bank (Aruba) N.V.

3. Insurance Brokers that have been granted a dispensation pursuant to article 4, paragraph 2, of the State Ordinance on the Supervision of the Insurance Business (AB 2000 no. 82) to operate as an insurance agent

The following persons have been granted a dispensation to operate as an insurance agent for Fatum Life Aruba N.V. and Fatum General Insurance Aruba N.V.:

Ms. O.J. Barret

Mr. G. M. Daal

Mrs. Barbara Franke-Trumpie

Mrs. M. D. D. Geerman

Mr. J. W. Isenia

Mr. J. W. P. J. Kaan

Mrs. T. D. Kelly-Hernandez

Mr. J. A. M. Lomans

Mr. R. W. van der Meulen

Mr. E. G. Schwengle

Mr. R. Seraus

The following persons have been granted a dispensation to operate as an insurance agent for Pan-American Life Insurance Company of Aruba V.B.A:

Mrs. S.S. Alli-Martijn

Mrs. L. Kelly

Mr. J. R. Martina

Mrs. J. M. Pesqueira

Mr. E. E. Werleman

Mr. I. Chai

Mrs. M.I. Garcia Martinez

Mrs. M.T. Arends

Ms. J. Dijkhoff

The following persons have been granted a dispensation to operate as an insurance agent for Sagicor Life Aruba N.V.:

Mrs. F. Bernier Corbacho

Mrs. D. A. Dormoy

Mrs. L. R. Faustin

Mrs. O. A. Inocencia

Ms. Z. M. Kock

Mrs. B. S. van Loon-Kadir

Mrs. N. C. Marques Hidalgo

Mr. F. C. Martina

Mrs. M. V. Peters

Mrs. S. J. G. Velthuizen

Mrs. B. I. Wolff - Croes

Mr. J. Erasmus

4. Insurance Brokers that have been granted a dispensation pursuant to article 4, paragraph 4, of the State Ordinance on the Supervision of the Insurance Business (AB 2000 No. 82) regarding entities with supplementary insurance brokerage services

Aruba Living Today N.V

10. Securities brokers, asset managers, investment institutions, custodians, and stock exchanges under supervision of the CBA pursuant to article 3 of the State Ordinance on the Supervision of the Securities Business (AB 2016 no. 53)

Credit Institutions that have registered at the CBA pursuant to article 10, paragraph 2, of the State Ordinance on the Supervision of the Securities Business (AB 2016 no. 53)

• Aruba Bank N.V
• Banco di Caribe (Aruba) N.V.
• Caribbean Mercantile Bank N.V