The Deputy Prime Minister yesterday pledged that “a comprehensive plan” to rescue Bank of the Bahamas will be unveiled by its August 2 shareholders’ meeting, the institution having “abandoned” its legal battle with the Central Bank.
K P Turnquest told Tribune Business that the stricken BISX-listed bank had also become “fully compliant” with the regulator’s capital requirements, an assertion that might surprise its dividend-starved preference shareholders...
The Deputy Prime Minister yesterday pledged that “a comprehensive plan” to rescue Bank of the Bahamas will be unveiled by its August 2 shareholders’ meeting, the institution having “abandoned” its legal battle with the Central Bank.
K P Turnquest told Tribune Business that the stricken BISX-listed bank had also become “fully compliant” with the regulator’s capital requirements, an assertion that might surprise its dividend-starved preference shareholders...
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