Type | Stock exchange |
---|---|
Location | Paramaribo, Suriname |
Founded | 1 Januari 1994 |
Owner | Vereniging voor de Effectenhandel in Suriname (VvES) |
Currency | Surinamese dollar (SRD) |
No. of listings | 12 |
Website | www |
The Suriname Stock Exchange (SSX) is the stock exchange of Suriname. It is being organized by an association called the Vereniging voor de Effectenhandel in Suriname (VvES), and it was founded on 1 January 1994. [1]
The trade in stocks does not happen on a daily base, but twice a month on the first and third Thursday. [2] In 2014 the National Assembly adopted the Law Capital Market (Wet Kapitaalmarkt), in line with a demand of the Caribbean Financial Action Task Force. [3] [4] In 2019 the VvES and the Surinamese American financial technological company OuroX signed a memorandum of understanding to found a digital stock exchange, in accordance to obligations that are provided in the law. [5] According to the law the stock exchange should have been suborderd to the Central Bank of Suriname. Both are not yet realized (as per 2023). [1] [6] [7]
Some notable moments out of the history of the stock exchange are the subscription to US$55 million stocks of Staatsolie Suriname NV in 2010, the move from Buiten-Sociëteit Het Park to the trainingcenter of Assuria in 2011 and the launch of the website in the same year. [1]
The economy of Suriname was largely dependent upon the exports of aluminium oxide and small amounts of aluminium produced from bauxite mined in the country. However, after the departure of Alcoa, the economy depended on the exports of crude oil and gold. Suriname was ranked the 124th safest investment destination in the world in the March 2011 Euromoney Country Risk rankings.
De Surinaamsche Bank is the largest bank in Suriname. It provides retail banking products such as transaction accounts, loans, mortgagees and credit and debit cards as well as business loans.
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Jules Sedney was a Surinamese politician, and Prime Minister of Suriname from 20 November 1969 to 24 December 1973. In 1980, he became governor of the Central Bank of Suriname, but had to flee the country in 1983 after a dispute with Dési Bouterse. Sedney returned to Suriname in 1989.
Ronnie Brunswijk is a Surinamese politician, businessman, former rebel leader, footballer and convicted drug trafficker, who is serving as the current Vice President of Suriname.
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Harry Stanley Kensmil was a Surinamese civil servant, politician, and radio broadcaster. He served as Deputy Prime Minister of Suriname from 1987 to 1988, and Minister of Natural Resources and Energy from 1986 to 1988. He was part of the Supervisory Board of Staatsolie from 1984 to 1986 and 1988–2009, and was appointed as Secretary of the Board in 1997.
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Powakka is an indigenous village of Lokono Amerindians in the resort of Oost in the Para District in Suriname. The village is located on the road to Carolina which connects to the Avobakaweg to Paramaribo.
Matta is an indigenous village of Lokono Amerindians in the resort of Zuid in the Para District in Suriname. The village can be accessed from a road which branches off the Southern East-West Link.
Sara Creek is a former tributary of the Suriname River located in the Para District of Suriname. After the completion of the Afobaka Dam in 1964, the Sara Creek flows into the Brokopondo Reservoir. In 1876, gold was discovered along the Sara Creek, and a railway line from Paramaribo to the river was completed in 1911.
Irene Lalji was a Surinamese lawyer and television presenter.
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Karin B. Refos is a Surinamese former model, entrepreneur, and public speaker on child welfare and women's rights. She founded the brand consultancy STAS International.