Nairn: Bahamas Development bank undercapitalized from inception, operationally inefficient

Fri, Oct 13th 2017, 11:18 AM

The Bahamas Development Bank's (BDB) poor performance is partly responsible for the lack of economic growth in this country, especially given commercial banks' hesitation to approve loans for small business, BDB Chairman Lynden Nairn said yesterday, adding that the bank has been mandated to improve [...]
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