Search results for : Banks
Commonwealth Bank's Half Year Results Up 11
September 01, 2011
Commonwealth Bank's Half Year Results Up 11
Commonwealth Bank recently reported their earnings for the first half of 2011. Executive Chairman, William B. Sands, Jr., announced that the Bank's Comprehensive Net Income for the 6-month period ended June 30, 2011 increased by 11.4% to $28.8 million, exceeding the same period in 2010. Total assets at June 30, 2011 were $1.45 billion, a 3% growth over June 30, 2010's total assets of $1.41 billion...
May 16, 2022
BANK HAILS REGIONAL NURSES AS PILLARS OF HEALTHCARE SYSTEM
Regional bank CIBC FirstCaribbean has hailed nurses like Kerstin Usher of the Bahamas as pillars of the Caribbean healthcare system.
In paying tribute to regional nurses on International Nurses Day last week, CEO of CIBC FirstCaribbean, Colette Delaney heaped praise on the profession noting that nurses are “the pillars of the regional healthcare system and an integral part of the promotion an...
Bail granted in $4k bank theft case
May 12, 2022
Bail granted in $4k bank theft case
A MAN was granted bail in a Magistrate's Court yesterday after being accused of stealing over $4,000 from a local Royal Bank of Canada account.
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.
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.
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...
Corner Bank Receives Int'l Recognition
January 28, 2022
Corner Bank Receives Int'l Recognition
Cornèr Bank (Overseas) Ltd. has been named #1 by the International Investor for Best Private Banking Services and Excellence Banking Innovation in The Bahamas for 2022. This makes the second occasion in recent years that the Bank has been awarded for Best Private Banking Services, having also received the prestigious award in 2020.
November 09, 2010
Good Response To Central Bank Risk Assessment Workshop
Local financial institutions are receptive to the new risk assessment framework being introduced by the Central Bank of The Bahamas, with the governor of the bank saying she is encouraged by the responses.
Wendy Craigg told Guardian Business that the recent Risk-Based Supervision Framework (RBSF) seminars were a success and were "extremely useful" in terms of identifying the various risks that ...
January 11, 2022
The Caribbean Development Bank Pays Courtesy Call to The Bahamas Development Bank
During the holiday season, The Caribbean Development Bank (“CDB”) paid a courtesy call to The Bahamas Development Bank (“The Bank” or “BDB”). In attendance from CDB were Dr. Gene Leon, President, Isaac Solomon, Vice President of Operations, and Daniel Best, Director of Projects. In attendance from BDB, were Senator The Hon. Quinton Lightbourne, Chairman, Ashley Outten, Financial Contro...
December 14, 2021
CORNÈR BANK RINGS IN THE HOLIDAYS WITH THE SALVATION ARMY
“Giving back to the community of which we are a part is an important part of our culture at Cornèr Bank,” shared Christine Russell, Chief Executive Officer for Cornèr Bank. Mrs. Russell recently led a team of employee volunteers in supporting The Salvation Army’s Annual Christmas Kettle Appeal. The Bank also made a donation to The Salvation Army’s 2021 drive.
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