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Bahamas To Host African Import Export Bank Meeting
April 11, 2024
Bahamas To Host African Import Export Bank Meeting
NASSAU, BAHAMAS – Prime Minister Philip Davis has signed an agreement with Afreximbank, chaired by His Excellency Professor Benedict, to host the African Import Export Bank's meeting in New Providence, Bahamas in June which is expected to attract over 3000 delegates to the country. The meeting is designed to promote trade and investment opportunities between [...]
September 05, 2023
Country's economy trending back to normal following COVID, says Central Bank
In the Central Bank of The Bahamas' (CBOB) Monthly Economic and Financial Developments (MEFD) for July 2023, published yesterday, the bank revealed that the country's recovery from the economic downturn due to the COVID-19 pandemic "neared completion" given the growth trajectory of the economy. "Preliminary indications are that during the month of July, the growth ...
The post Country's economy tr...
March 21, 2024
RF Bank renews partnership with BGF and Juniors, pledging 25 thousand for 2024 golf events and talent development in Bahamas
RF Bank & Trust, formerly Royal Fidelity, has renewed its partnership with the Bahamas Golf Federation (BGF) and the Junior Division in support of their golf activities for the year 2024.
March 21, 2024
Central Bank announces further reforms to relax exchange control
NASSAU, BAHAMAS — The Central Bank has announced further reforms to relax Exchange Control Administration, aiming to enhance efficiencies for residents and work permit holders. The regulator revealed that these measures will take effect on April 1, 2024, except for those impacting the Investment Currency Market (ICM), which will be implemented on June 1st, 2024. [...]
March 20, 2024
Prime Minister Davis's Remarks at the Bank of Botswana
Bridging Waters, Uniting Dreams: A New Financial Era for Africa and the Caribbean
Central Bank issues alert over consumer loan scam
March 19, 2024
Central Bank issues alert over consumer loan scam
NASSAU, BAHAMAS — The Central Bank is cautioning the public to avoid falling victim to fake internet ads and social media posts offering loans and other financial services purportedly from the Central Bank of The Bahamas. The regulator, in a notice on the consumer loan alert scam, warned that links associated with these posts should [...]
March 14, 2024
Central Bank Governor: NIB Rate Increase Won't Drag Economic Growth
NASSAU, BAHAMAS - The pending increase in NIB contributions will have no significant impact on economic activity, according to Central Bank Governor John Rolle.
March 13, 2024
Central Bank Governor: Inflation Drop Doesn't Mean A Decline In Prices
NASSAU, BAHAMAS - Central Bank Governor John Rolle says a decline in inflation won't directly result in a drop in prices.
Commonwealth Bank executives celebrate Women's Day with a courtesy call on the Governor General
March 12, 2024
Commonwealth Bank executives celebrate Women's Day with a courtesy call on the Governor General
Her Excellency the Most Hon. Cynthia Pratt, Governor General, welcomed Mrs. Denise Turnquest, President, Commonwealth Bank and team in a courtesy call in observation of International Women’s Day 2024 at the Office of the Governor General, March 5, 2024.
March 06, 2024
Bahamas Development Bank Launches 50th Anniversary Celebrations
The Bahamas Development Bank (BDB) recently commenced its golden anniversary celebrations with special church services held at Freeport Bible Church and Golden Gates Native Baptist Church, in Grand Bahama and New Providence respectively. Both services marked the beginning of a year filled with commemorations of the bank’s 50 years of financial service and national development.
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