Finance

Financial Planner tells MOW staff the Importance of saving and preparing for retirement

November 01, 2018

The Ministry of Public Works continued its series of personal and professional development workshops Tuesday, October 30, 2018 with a session on The Importance of Saving and Financial Planning...

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BDB's 'Tourism Money Never Done' Begins in GB

November 01, 2018

DEVELOPMENT BANK CONFERENCE – In conjunction with the Office of the Prime Minister, Grand Bahama, the Bahamas Development Bank will host a two-and-a-half day conference at Grand Lucayan from November 1 to 3...

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OFFICIAL STATEMENT Deputy Prime Minister and Minister of Finance K. Peter Turnquest
OFFICIAL STATEMENT Deputy Prime Minister and Minister of Finance K. Peter Turnquest

October 31, 2018

Ministry of Finance sets new standard of transparency with first quarterly report
on budget performance. Positive trends emerge as deficit position improves, but
Ministry is cautioning that government must remain focused as much work remains
to be done

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Tourist Money Never Done-Grand Bahama
Tourist Money Never Done-Grand Bahama

October 30, 2018

The Bahamas Development Bank in collaboration with the Office of the Prime Minister Grand Bahama and Mr. Patrick Rahming & Associates will host a two and a half-day "Tourist Money Never Done" Workshop...

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Veteran Financier Wants to Know Your Business
Veteran Financier Wants to Know Your Business

October 30, 2018

If you have an interest in learning what makes a business successful, you may want to take a look at Jim Wilson’s job description as a Vice President of Corporate Finance at Royal Fidelity...

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Sterling Global Financial Appoints Karyn Phuong as Vice President, Investor Relations
Sterling Global Financial Appoints Karyn Phuong as Vice President, Investor Relations

October 26, 2018

Sterling Global Financial announced today the appointment of Karyn Phuong as its Vice President, Investor Relations...Ms. Phuong will manage Sterling’s corporate communications strategy and be a key member of the executive team leading the company’s business development efforts...

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CIBC Trust Company Appoints New Managing Director
CIBC Trust Company Appoints New Managing Director

October 25, 2018

Banking veteran Perry A. Rolle has assumed the role...CIBC Trust Company (Bahamas) Limited has announced the appointment of Perry A. Rolle to the position of Managing Director.

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Keeping the Peace with a Trust
Keeping the Peace with a Trust

October 23, 2018

Amanda Ferguson will tell you that having a ‘Last Will and Testament’ alone does not necessarily bring peace and harmony to those left behind and often compounds the misery of the grieving process...

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CIBC Exec Embarks on Cross-Country Branch Tour
CIBC Exec Embarks on Cross-Country Branch Tour

October 23, 2018

CIBC FirstCaribbean Managing Director of Retail and Business Banking, Mark St. Hill, recently embarked on a cross-country branch tour throughout The Bahamas...

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Deputy Prime Minister Turnquest attends 2018 Annual Meetings IMF and the World Bank Group

October 15, 2018

Deputy Prime Minister and Minister of Finance, the Hon. Peter Turnquest is currently attending the 2018 Annual Meetings of the International Monetary Fund and the World Bank Group in Bali, Indonesia, during this week...

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Scotiabank to host Scotia Loan and Digital Day
Scotiabank to host Scotia Loan and Digital Day

October 11, 2018

Scotiabank (Bahamas) Ltd. has designated this Friday, October 12, 2018 Scotia Loan and Digital Day...This day has been set aside to meet the needs of persons interested in accessing fast and efficient loan processing and approvals...

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 COLETTE DELANEY APPOINTED CHAIR OF THE FIRSTCARIBBEAN COMTRUST FOUNDATION
COLETTE DELANEY APPOINTED CHAIR OF THE FIRSTCARIBBEAN COMTRUST FOUNDATION

October 08, 2018

$20M donated to worthy cause in the region over 16 years...In its 16 year history, CIBC FirstCaribbean, through its charitable arm the FirstCaribbean ComTrust Foundation, has donated more than $20M US to worthy causes in the Caribbean...

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Compliance Officers told to 'act in good faith' In making suspicious transaction report

October 04, 2018

As global regulators heighten their scrutiny of money laundering, terrorist financing and fraud, the eyes and ears of The Bahamas' financial services sector were challenged Wednesday to effectively minimize risk...

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Cornèrtrader platform well-received by the market
Cornèrtrader platform well-received by the market

October 04, 2018

One week after the official launch of the Cornèrtrader platform allowing Bahamians direct, individual access to international securities markets for the first time in history, the bank’s CEO reported today the public’s reception has exceeded all expectation...

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Sterling Bank Trust Limited Appoints Todd M.J. Beneby as Managing Director
Sterling Bank & Trust Limited Appoints Todd M.J. Beneby as Managing Director

October 04, 2018

Sterling Bank & Trust Limited, an affiliate of Sterling Global Financial, today announced the appointment of Todd M.J. Beneby as the Bank’s Managing Director. Mr. Beneby will be responsible for formulating the Bank’s overall direction...

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Money for nothing: Mortgage Corp borrowers - half won't pay debt
Money for nothing: Mortgage Corp borrowers - half won't pay debt

October 04, 2018

AS he made an impassioned plea for Bahamians to take care of their financial obligations, Deputy Prime Minister and Minister of Finance Peter Turnquest said the Bahamas Mortgage Corporation...

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BDB Heads to Acklins
BDB Heads to Acklins

September 25, 2018

In continuation of fulfilling its mandate to expand the Bahamian economy, The Bahamas Development Bank (BDB) travels to Acklins, Crooked Island and Samana Cay, to advance its program to industrialize cascarilla...

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Senior Technical Officers of IDB-Funded Projects Meets to Discuss and Share Knowledge

September 24, 2018

Senior technical officers of all projects funded by the Inter-American Development Bank (IDB) met during an IDB Projects Workshop to discuss and share knowledge on effective measures to achieve the objectives of each project...

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The Society of Trust and Estate Practitioners (STEP) Global Conference 2018

September 24, 2018

The Ministry of Financial Services Trade & Industry and Immigration was a major sponsor of The Society of Trust and Estate Practitioners (STEP) Global Conference held in Vancouver, Canada during the period 13th 14th September 2018...

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Regulators have issued Anti-Money Laundering/Combating the Financing of Terrorism Guidelines

September 24, 2018

Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest said regulators have issued Anti-Money Laundering/Combating the Financing of Terrorism...

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