Finance

CIBC FirstCaribean's Kerry Jordan Named to BAFT's Future Leaders Program Class of 2019
CIBC FirstCaribean's Kerry Jordan Named to BAFT's Future Leaders Program Class of 2019

January 15, 2019

BAFT, an international financial services association, recently announced its Future Leaders program class of 2019 and for the first time an employee of a regional bank has landed a place in the prestigious programme...

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CIBC FirstCaribbean's Walk for The Cure Tops Us Half Million Mark in Fundraising for Regional Cancer Causes Last Year
CIBC FirstCaribbean's Walk for The Cure Tops Us Half Million Mark in Fundraising for Regional Cancer Causes Last Year

January 14, 2019

CIBC FirstCaribbean’s Walk for the Cure, the region’s largest cancer fundraiser, has again topped the US half million mark in fundraising for cancer causes across the English and Dutch Caribbean...

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DPM Turnquest Reflects on the Changes Being Made by the Finance Ministry

January 14, 2019

Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest reflected on the changes made by the Finance Ministry in 2018, as well as those on the horizon, during a Leadership Symposium...

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World Bank warns of 'darkening skies' for global economy
World Bank warns of 'darkening skies' for global economy

January 09, 2019

The World Bank is warning of increasing risks, or what it calls "darkening skies", for the world economy...

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Inland Revenue open on Saturdays in January to help with business license renewals
Inland Revenue open on Saturdays in January to help with business license renewals

January 07, 2019

The Department of Inland Revenue is opening its Client Services Centre on Saturdays for the month of January to support businesses applying for business licence renewals...

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New Year to bring several 'ease of doing business' reforms for starting a new business
New Year to bring several 'ease of doing business' reforms for starting a new business

January 07, 2019

The Ministry of Finance will roll out a provisional business license in the New Year to significantly reduce the time it takes to start a new business...

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Ex-Credit Suisse bankers arrested over '2bn fraud scheme'
Ex-Credit Suisse bankers arrested over '$2bn fraud scheme'

January 04, 2019

Three former Credit Suisse bankers have been arrested over their alleged role in a $2bn (£1.5bn) fraud scheme connected to firms in Mozambique, according to US authorities...

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Statement from the Hon. Peter Turnquest, DPM and Minister of Finance Regarding Financial Sector Reform
Statement from the Hon. Peter Turnquest, DPM and Minister of Finance Regarding Financial Sector Reform

January 03, 2019

In an effort to enhance the Financial Services Sector, the Government of The Bahamas is developing a new framework aimed at strengthening industry regulations and protecting revenues to the Public Treasury...

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4.8m seawall close to completion at Smith's Point
4.8m seawall close to completion at Smith's Point

December 28, 2018

THE $4.8m seawall and road repaving project at Smith's Point in Grand Bahama is just about finished and residents are eager for the community to be reopened to the public...

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Turnquest: WTO worries overblown
Turnquest: WTO worries overblown

December 27, 2018

DEPUTY Prime Minister K Peter Turnquest has said that concerns over World Trade Organisation ascension are being "exaggerated," further asserting that the government would work to "protect" the interests of local businesses...

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Bahamas and Barbados Tie for CIBC FirstCaribbean's 'Branch of The Year'
Bahamas and Barbados Tie for CIBC FirstCaribbean's 'Branch of The Year'

December 21, 2018

CIBC FirstCaribbean International Bank’s Governor’s Harbour branch (Bahamas) and Sheraton branch (Barbados) have for the first time tied for the “Joy Callender Branch of the Year Award...

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Investment Executive Albert Rex Appointed to Sterling Mortgage Income Fund
Investment Executive Albert Rex Appointed to Sterling Mortgage Income Fund

December 11, 2018

Sterling Global Financial, an award-winning financial services provider with more than US$9 billion in assets under administration and management, announced the appointment today of finance and equity executive Albert G. Rex...

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Indian rupee hit by central bank chief's shock resignation
Indian rupee hit by central bank chief's shock resignation

December 11, 2018

India's currency slumped one day after the abrupt resignation of the country's central bank governor.

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CIBC FirstCaribbean Takes the Lead on Key Development Discussions at Major Conference
CIBC FirstCaribbean Takes the Lead on Key Development Discussions at Major Conference

December 11, 2018

Financial institution discusses trends related to monetary and climate resilient infrastructure...

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Five Progressive Pieces of Legislation will Establish New Regulations to Govern the Financial Services Sector

December 07, 2018

Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest said five progressive pieces of legislation tabled in the House of Assembly recently, will establish new regulations to govern the financial services sector...

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'We need to know source of the money'
'We need to know source of the money'

December 06, 2018

FINANCE Minister K Peter Turnquest defended government’s intention to legislate non-profit organisations insisting yesterday the Minnis administration is simply seeking to ensure transparency while safeguarding the country against international risks...

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CIBC FirstCaribbean CEO says Bank has Funded over USD 1.8Billion in Infrastructure Projects
CIBC FirstCaribbean CEO says Bank has Funded over USD $1.8Billion in Infrastructure Projects

December 05, 2018

Regional bank, CIBC First Caribbean has provided over USD$1.8 billion in funding for infrastructure projects over the past three years...

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CIBC FirstCaribbean WINS 'BANK OF THE YEAR' Bahamas Three Years Running
CIBC FirstCaribbean WINS 'BANK OF THE YEAR' (Bahamas) Three Years Running

December 03, 2018

CIBC FirstCaribbean is The Bahamas’ “Bank of the Year 2018” for the third straight year. The honour was bestowed by internationally-acclaimed financial magazine “The Banker” during its 19th annual Bracken...

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BISX Quarterly News Summary
BISX Quarterly News Summary

November 30, 2018

INTRODUCTION BISX NEWS Wearepleasedtointroduceourlatestquarterlynewsletter.Thethirdquarter oftheyearsaw companiescarryoutcorporateactionssuchasannual generalmeetings,publicationsofannualreportsanddividendpayments...

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BISX Quarterly Report
BISX Quarterly Report

November 19, 2018

BISX is pleased to announce its BISX All-Share Index and trading statistics for the nine-month period ending September 28, 2018 with comparison to the same period of 2017...

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