Finance

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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Deputy Prime Minister and Minister of Finance The Hon. Peter Turnquest Speaks at the Millionaire's Mile Fireside Chat
Deputy Prime Minister and Minister of Finance The Hon. Peter Turnquest Speaks at the Millionaire's Mile Fireside Chat

September 21, 2018

The Deputy Prime Minister and Minister of Finance brought official remarks at the Millionaire’s Mile Fireside Chat, On Wednesday, September 19, an event held at the Performing Arts Centre, University of The Bahamas...

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The Bahamas Reaffirms its Commitment to Being a 'Well Regulated' Financial Jurisdiction

September 18, 2018

The Government of the Bahamas is ‘committed’ to maintaining the jurisdiction as ‘clean, compliant and transparent’ in meeting and complying with international standards. This, Minister of Financial Services, Trade & Industry and Immigration...

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Small Business Development Centre SBDC Confirmed Two New Hires
Small Business Development Centre (SBDC) Confirmed Two New Hires

September 18, 2018

Two critical new hires highlight the gathering momentum being generated as the new Small Business Development Centre (SBDC) races toward its official launch on September 20...

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Small Islands Have to Grapple with the Imposition of External Standards Set by Larger Countries

September 18, 2018

Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest said small islands like The Bahamas have to grapple with the imposition of external standards set by the world’s large countries when it comes to the financial sector...

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As International Financial Centre, Bahamas Must Keep Up with Constant Change

September 18, 2018

Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest said The Bahamas operates in an environment of constant change when it comes to the international financial sector, particularly when it comes to international codes of conduct...

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Cornr Bank Overseas Limited Launches Cornrtrader, Direct Access Individual Trading Platform for Bahamians in Global Financial Markets

September 17, 2018

After more than a year of extensive preparation, Cornèr Bank (Overseas) Limited today celebrated a major milestone in local financial services history, unveiling its new Cornèrtrader platform allowing Bahamians to enjoy direct access...

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CIBC FirstCaribbean Helps Kids Get Back to School All Prim and Proper
CIBC FirstCaribbean Helps Kids Get Back to School All Prim and Proper

September 17, 2018

The Salvation Army and CIBC FirstCaribbean have teamed up during one of the busiest and most expensive times of the year for some parents, to provide school uniforms to a number of students...

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CIBC FirstCaribbean's Anguilla Operations to Close
CIBC FirstCaribbean's Anguilla Operations to Close

September 13, 2018

CIBC FirstCaribbean International Bank today announced that it has taken a decision to close its Anguilla office early in the new year...

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Caribbean Development Bank Executives pay courtesy call on the Prime Minister

September 13, 2018

Caribbean Development Bank (CDB) executives paid a courtesy call on Prime Minister, Dr. the Hon. Hubert A. Minnis, and Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest...

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Banks backing down on fees
Banks backing down on fees

September 12, 2018

SOME local clearing banks have agreed to lower various banking administrative fees and consider changes to cheque cashing procedures following discussions with the government and other officials, Labour Minister Dion Foulkes said yesterday...

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CIBC FirstCaribbean Announces the appointment of a New Chief Executive Officer

September 08, 2018

Colette Delaney to be appointed with effect from 1st November 2018...Regional financial services institution, CIBC FirstCaribbean International Bank...

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VirSymCoin Takes the Bahamian Dollar Digital
VirSymCoin Takes the Bahamian Dollar Digital

September 05, 2018

In just forty-two days, Grand Bahamas Crypto-asset firm VirSymCoin (VSC) will unveil its Initial Coin Offering (ICO) but crypto-enthusiasts in New Providence won’t have to wait that long to take advantage of the VSC experience...

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David Slatter, a Royal Fidelity Cornerstone
David Slatter, a Royal Fidelity Cornerstone

September 05, 2018

Michael Anderson, the president of Royal Fidelity Merchant Bank and Trust considers the company’s recent milestone anniversary of twenty years to be a, ‘good start’...

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'Tax issues all stem from PLP blunders'
'Tax issues all stem from PLP blunders'

September 03, 2018

DAYS after the Minnis administration agreed to halt new web shop taxes after gaming house operators sued the government, Finance Minister Peter Turnquest...

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Government appoints Dave Smith as Managing Director of The Bahamas Development Bank
Government appoints Dave Smith as Managing Director of The Bahamas Development Bank

August 23, 2018

The Ministry of Finance congratulates Dave Smith on his official appointment as Managing Director of The Bahamas Development Bank (BDB), and joins the Bank in celebrating its 40th year anniversary...

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Bannister interfered 'to block payment of Osborne's personal bills'
Bannister interfered 'to block payment of Osborne's personal bills'

August 21, 2018

WORKS Minister Desmond Bannister has admitted to political interference in the functions of the Bahamas Power and Light board - however, he claims it was only to block alleged directives to pay the personal bills of its former Chairwoman Darnell Osborne...

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