Search results for : Banks
Central Bank staff 'reject plans to slice pensions'
May 05, 2011
Central Bank staff 'reject plans to slice pensions'
By NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net
CENTRAL Bank employees are rejecting the administration's plan to slice pension benefits in a "unilateral and unlawful" manner, according to inside sources.
The bank's plan was called "discriminatory" by employees who expressed their opposition at a confidential union meeting yesterday, attended by members of the Union of Centr...
Central Bank wins best new banknote series award
March 17, 2022
Central Bank wins best new banknote series award
The Central Bank of The Bahamas is honored to announce that it has been awarded the prestigious Regional Banknote of the Year - Best New Series Award for its CRISP Evolution family of banknotes. The award was announced on March 15, 2022, at the High Security PrintingTM Latin America Conference in Mexico City, Mexico. Each ...
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'We can't account to World Bank for loan'
March 29, 2022
'We can't account to World Bank for loan'
The World Bank has requested details on how its funding for food assistance during the pandemic was used to help Bahamians, Minister of Social Services Obie Wilchcombe said yesterday, adding that the government has not been able to provide the information because it does not have it. "We have been unable to provide the data ...
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April 12, 2022
Fidelity bank chief Bowe says it would be unwise to reduce taxes on gas
A TOP financial expert says reducing taxes on gas in response to soaring prices would be unwise and short-sighted.
Cornèr Bank Donates to School for Teen Moms
April 29, 2022
Cornèr Bank Donates to School for Teen Moms
“At Cornèr Bank, we remain committed to contributing to our community and doing our part to improve the lives of young people,” shared Christine Russell, Chief Executive Officer for Cornèr Bank.
The Bank recently made a donation to The PACE School (Providing Access to Continuing Education). According to the school’s website, it is “a special program for teenage mothers unable to compl...
May 02, 2022
Man faces court over attempt to deposit fake bills at bank
A MAN was arraigned in Magistrate's Court on Friday for trying to deposit two fake $100 bills at a bank.
Bank profitability rebounded in 2021
May 09, 2022
Bank profitability rebounded in 2021
After a pandemic induced net-loss of $6.7 million in 2020, domestic banks recovered net profit of $254.7 million in 2021. The Central Bank of The Bahamas said the improvement was the result of reduced provisioning for bad debt and non-staff related expenses.
May 08, 2022
Bank Supports Bahamas Humane Society’s Year-Round Kindness
Around the world, individuals and organizations recently observed a theme that the Bahamas Humane Society (BHS) personifies every day. From the first to the seventh of this month, during 'Be Kind to Animals' week, persons were given an extra nudge to acknowledge and appreciate efforts made to ensure animal safety.
Ministry of Labour launches drive to register professionals throughout the country in the ministry's skills bank
August 24, 2023
Ministry of Labour launches drive to register professionals throughout the country in the ministry's skills bank
Director of Labour in the Ministry of Labour and Immigration Mr. Robert Farquharson announced a registration drive to be hosted by the Department of Labour’s Public Employment Services Unit (PESU) scheduled for Saturday, August 26, from 9am to 1pm at the Ministry of Labour’s Carmichael Road location.
Judge unfreezes bank account of woman
August 24, 2023
Judge unfreezes bank account of woman
A judge on Wednesday denied to freeze the bank account of a woman who was previously accused of money laundering, pending a civil forfeiture hearing. The commissioner of police had sought a civil forfeiture order for the money held in a Royal Bank Account belonging to Leah Davis. The money laundering charge was withdrawn against ...
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