Suriname’s financial sector witnessed a landmark achievement as De Surinaamsche Bank (DSB), the nation’s largest financial institution, concluded its 2024 fiscal year with exceptional results. With a total balance sheet reaching SRD 36.7 billion (equivalent to approximately $1 billion USD), DSB has solidified its status as Suriname’s premier billion-dollar financial enterprise.
During a press conference held at their headquarters on Friday, the bank’s executive leadership unveiled impressive financial metrics. DSB reported an operational result of SRD 1.3 billion and a net profit of SRD 546.3 million. The institution will contribute over SRD 500 million in tax payments to the national treasury. Notably, the bank’s equity capital grew to SRD 3.7 billion while its solvency ratio strengthened significantly to 27.2%, up from 24.2% in 2023.
The management highlighted three particularly noteworthy accomplishments that distinguished their successful year. First, the bank reintroduced its DSB Easy Card, enabling customers to conduct international transactions from any location for services such as streaming subscriptions and online purchases, subject to holders maintaining a USD account with monthly and daily limits of $2,000 and $1,000 respectively.
Second, the bank executed rapid dividend distributions totaling SRD 160 million to shareholders. Following approval at the General Shareholders Meeting, the amount was promptly credited to shareholders maintaining accounts with DSB, while other shareholders can claim dividends by presenting their receipts.
Third, in celebration of its 160th anniversary, the bank has undertaken numerous corporate social responsibility projects and extended donations to various institutions. The bank has extended an open invitation to the public to join their year-end celebration at the headquarters on December 31st at noon.
Looking ahead, DSB’s leadership emphasized their strategic intention to reinforce their dominant market position throughout 2026, with particular focus on playing a central role in Suriname’s emerging oil and gas sector developments. The bank committed to continued substantial investments in innovation and digital transformation initiatives in the coming years.