The important business relationship
Seventy years in business is really a huge accomplishment for Yrausquin and it’s worth taking a moment to reflect on the important business relationship that exists between Yrausquin and local banks such as Caribbean Mercantile Bank N.V. (“CMB”) and Banco di Caribe N.V.
According to CMB’s General Manager of Retail Banking, Mrs. Natalie de Cuba-Diaz, the relationship between Yrausquin and CMB is one of mutual respect, openness, and transparency, and this relationship with CMB as a house bank has been going strong for a decade now.
Similarly, Banco di Caribe’s Managing Director Mr. Giovanni Croes recognizes the dynamic interplay between an interpersonal and inter-organizational relationship with Yrausquin. It goes beyond a simple phone call or sending an email. This kind of relationship is built on a foundation of trust and shared values, such as honesty, service, and excellence.
In Mrs. Natalie de Cuba-Diaz’s view, the longevity of leadership within a family-run business is key to overall stability. This is something that Yrausquin has demonstrated over the past 70 years. Banco di Caribe’s Managing Director, Mr. Giovanni Croes, agrees that this is a major accomplishment, especially given the various challenges and tough economic times that Aruba has faced over the years.
As a family-owned business, Yrausquin has weathered these challenges by staying focused and being passionate about the business. This is something that CMB’s General Manager Retail Banking, Mrs. Natalie de Cuba-Diaz, can relate to, given that her bank has been around for 60 years and their owners for 105 years, going from generation to generation.
In the end, the success of the business relationship between Yrausquin and local banks like CMB and Banco di Caribe comes down to shared values and a commitment to excellence.
As Yrausquin continues to provide high-quality commercial vehicles and automotive services, and as these banks continue to support their business with sound financial advice and services, it’s clear that this is a relationship that will continue to thrive for years to come.
