Uncertainty about what the future holds for the Bahamian economy may underly the recent $34.6 million increase in the growth of Bahamian dollar deposits for February 2011.
According to the Central Bank of The Bahamas’ Monthly Economic and Financial Developments (MEFD) report for that month, year-on-year it represented a $15.7 million increase on the growth seen during February of last month. According to the report, the increase was due to a build up in both demand and savings balance deposits.
The news corresponds with what one industry insider, speaking on the condition of anonymity, told Guardian Business was occurring at a leading commercial bank, with strong growth in customer deposits ...

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