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Maandag 24 april 2017 15 ADVERTENTIE Maandag 24 april 2017 Antilliaans Dagblad EXPLANA TORY NOTES TO CONSOLIDATED BALANCE SHEET OF ORCO BANK N.V. THE CONSOLIDA TED FINANCIAL HIGHLIGHTS Accounting policies (All amounts are expressed in thousands of Antillean Guilders) OF ORCO BANK N.V.

Antilliaans Dagblad Cash and due from banks Investment securities Loans and advances to customers Bank premises and equipment deposits Deferred tax liabilities Fee and commission income Fee and commission expense Net fee and commission income Gains and losses from

Assets Deferred tax assets Other assets Total assets Liabilities Customers’ Due to other banks Other liabilities Funds borrowed Stockholders’ equity Issued capital Share premium General reserves Retained earnings Interest income Interest expense Net interest income Net

Consolidated Financial Highlights

ADVERTENTIE December 31, 2016 Bank’ s performance - financial highlights In 2016, the balance sheet total increased by 2% to ANG 916,295 (2015: ANG 896,782). The increase can be attributed to the increase of Cash and due from banks (6%), Loans and advances to customers (2%) and a decre

Report of the Managing Board Orco Bank N.V. in 2016 continued to cater to the high-end segment and differentiating itself by offering tailor-made products throughout Curaçao, Bonaire and St. Maarten. The regulatory laws and procedures, especially in the fields of compliance and cor

14 Introduction niche market. 2016. soon as possible. Awareness Assessments.