Search results for : Banks

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News Article

May 20, 2019
Central Bank, Clearing Banks Association to host financial literacy fair at Fusion Superplex

The Central Bank of The Bahamas, in collaboration with the Clearing Banks Association (CBA), will host the first Get Money Smart Bahamas Financial Literacy Fair on Saturday, May 25, 2019 at Fusion Superplex, John F. Kennedy Drive and Gladstone Road. At the event, the hosts [...]
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News Article

May 29, 2012
Commonwealth Bank expands bank card product

Commonwealth Bank has entered the prepaid and gift card markets with the introduction of its MasterCard Prepaid Card and MasterCard Gift Card.
Touted as "convenience and gift giving mastered", the latest offerings in the bank's suite of bank card products are expected to appeal to a broad base of consumers seeking a smart alternative to cash and the traditional credit card, but with equal buying p...

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News Article

March 03, 2020
Central Bank report projects flat economy in 2020

The Central Bank of The Bahamas. FILEThe Central Bank of The Bahamas (CBOB) expects the domestic economy to post flat results in 2020, with a possible recovery beginning in 2021 as the country rebounds from Hurricane Dorian, though the bank is monitoring the economic risks that could come with the growing [...]
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News Article

April 01, 2020
PUBLIC NOTICE: The Clearing Bank's Association

The Clearing Bank's Association-Mystery Shopping Scam Part 1

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News Article

March 27, 2020
Food bank serving 400 a day

GREAT Commission Ministries has been inundated with requests for food from needy residents amid the coronavirus pandemic, with the food bank serving between 300 to 400 people daily over the past few weeks.

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News Article
Bahamas Development Bank Offers Deferral of Loan Payments for Borrowers Impacted by COVID-19
March 26, 2020
Bahamas Development Bank Offers Deferral of Loan Payments for Borrowers Impacted by COVID-19

The Bahamas Development Bank (BDB) is working with the government and other agencies to deliver immediate relief to businesses impacted by the COVID-19 pandemic...

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News Article

March 25, 2020
Central Bank brokers three-month loan deferral

Borrowers in good standing will benefit from a three-month deferral on the repayment of their loans, now that the Central Bank of The Bahamas (CBOB) has made special arrangements with domestic commercial banks and credit unions...

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News Article

March 24, 2020
Bahamians Borrowers Impacted by COVID-19 To Get Three Month Break on Loans Payments with Banks & Credit Unions

~Business and consumer loans ...Loan Accounts must be in good standing to benefit...

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News Article
Bahamas Development Bank Op-Ed
March 23, 2020
Bahamas Development Bank Op-Ed

The evolving COVID-19 pandemic is testing the resiliency of global systems. Prime Minister, The Most Hon. Dr. Hubert Minnis has cautioned Bahamians that there is no need for panic buying, as the country has sufficient supplies either in inventory or on order to last several months. Still, this crisis highlights the fragility of modern life in a country that produces very little of what it consumes...

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