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Central Bank: NIB liquidity drawdown could have long-term implications

Central Bank: NIB liquidity drawdown could have long-term implications

Thu, Dec 24th 2020, 07:57 AM

While the latest Financial Stability Report, published recently by The Central Bank of The Bahamas (CBOB), maintains that the domestic financial system remains stable, it explained that the drawdown in liquidity by the National Insurance Board (NIB) during the coarse of the COVID-19 pandemic could later lead to implications for financial stability. The report, which ...
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Retailers encouraged by thousands of Bahamians shopping locally

Retailers encouraged by thousands of Bahamians shopping locally

Thu, Dec 24th 2020, 07:50 AM

With just one shopping day left until Christmas, retailers said they are encouraged by the thousands of Bahamians who have chosen to shop locally to support the Bahamian economy. The ShopLocal initiative was launched last month ahead of the Black Friday shopping period to encourage Bahamians to support local businesses. It was introduced as many ...
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