Search results for : Banks
RBC Royal Bank (Bahamas) Limited Donates $20,000 to University of The Bahamas’ School of Nursing
November 14, 2023
RBC Royal Bank (Bahamas) Limited Donates $20,000 to University of The Bahamas’ School of Nursing
RBC Royal Bank (Bahamas) Limited has made a $20,000.00 gift to the University of The Bahamas’ School of Nursing and Allied Health Professions in a tangible demonstration of its commitment to academic excellence and the resilience of the health care sector.
Officials made the gift on Friday 10th November, UB’s seventh charter anniversary. This month also marks a significant milestone for RBC...
November 15, 2023
Bank of The Bahamas records $4.1 million net income in Q1 of its new fiscal year
NASSAU, BAHAMAS — The Bank of The Bahamas saw a $4.1 million net income for the first quarter of its new fiscal year, a $1.6 million increase over the previous year. Neil Strachan, the bank's Managing Director commenting on BOB's performance for the period ending September 30th noted that the bank had recorded a net income [...]
November 01, 2023
Savings bond iniative still to be launched by year's end says Central Bank Governor
NASSAU, BAHAMAS — The Central Bank said that it still expects to launch a savings bond scheme by the end of the year. This initiative aims to cultivate a stronger culture of savings among Bahamians. Governor John Rolle, speaking at a press conference on the Monthly Economic and Financial Developments report, stated: "Regarding the savings [...]
October 31, 2023
Central Bank Governor: Economy Undergoing Healthy Recovery
NASSAU, BAHAMAS - The third quarter of 2023 showing a healthy recovery of the Bahamian economy. The data according to Central Bank Governor, John Rolle.
October 31, 2023
Central Bank Governor projects economic growth in three to four percent range
NASSAU, BAHAMAS — The Bahamian economy is still expected to grow at an above-average pace this year in the three to four percent range, according to Central Bank Governor John Rolle, who noted that there are downside risks that justify caution regarding this nation's economic outlook. Governor Rolle, while speaking at a press briefing to [...]
October 27, 2023
Man accused of $25k bank fraud and money laundering granted $8,000 bail
A 20-year-old man was granted $8,000 bail after being accused of defrauding a bank of over $25,000 this year.
October 20, 2023
Bahamas Development Bank Awards $56,000 in Development Grants
Entrepreneurs spanning several sectors were recently awarded a 50th Independence Development Grant from The Bahamas Development Bank (BDB). The 28 Bahamian awardees received $2,000 each for the purchase of equipment, working capital, or training needed to scale up their businesses.
South Riding Point owner secures $71 million US EXIM Bank loan for energy terminal's relaunch
October 17, 2023
South Riding Point owner secures $71 million US EXIM Bank loan for energy terminal's relaunch
NASSAU BAHAMAS — The Liwathon Group, a global leader in the energy sector, has announced that it has secured approval from the US Export-Import Bank of the United States (EXIM) for a loan guarantee exceeding $71.3 million, which will support the upcoming relaunch of the South Riding Point energy terminal on Grand Bahama. Commenting on [...]
October 13, 2023
Central Bank to engage with commercial banks to boost Sand Dollar adoption
NASSAU, BAHAMAS- The Central Bank plans to collaborate with local commercial banks as part of its 2024 engagement strategy and leverage their existing customer base to boost the adoption of the Sand Dollar in the country executives said yesterday. They also noted that in the past several, there have been discussions with the government on [...]
October 10, 2023
A director of Bank of the Bahamas, Mitzi Turnquest, dies
MITZIE Turnquest, a director of the Bank of The Bahamas, died on Saturday after several days of treatment in hospital.
Search Options
Filter:
Sponsored Ads
