Search results for : Deposits
September 08, 2023
Hurricane Lee not expected to impact Bahamas, forecaster says
Hurricane Lee is expected to pass well to the east and north of The Bahamas, Acting Director of the Department of Meteorology Jeffrey Simmons said.
September 08, 2023
Fidelity to bring banking back to some Family Islands, if Exuma pilot is successful
Fidelity Bank Bahamas Ltd. is eyeing the establishment of representative branches on Eleuthera, Long Island and possibly Andros, if its Exuma pilot program performs as envisioned, the bank's Chief Executive Officer Gowon Bowe said yesterday.
White Socks and Peripheral Arterial Disease PAD
September 05, 2023
White Socks and Peripheral Arterial Disease PAD
Peripheral Arterial Disease (PAD) is a common problem that affects almost 10 percent of the population. It is estimated that one in every 20 adults over the age of 50 has PAD. It is when blood vessels begin to narrow leading to decreased blood flow to the lower legs and feet.
October 15, 2020
Scotiabank Temporarily Closes Carmichael Road Branch Following COVID-19 Exposure
Scotiabank has advised that its Carmicheal Road branch will be temporarily closed to the public effective October 15, 2020, following the confirmation of a positive COVID-19 test among its team members...
October 15, 2020
Scotiabank Thompson Blvd Branch Also Temporarily Closed due to COVID-19
Scotiabank Bahamas has announced that its Thompson Blvd Branch will be closed to the public for the next two weeks. Early Thursday (October 15), the Bank was informed that a staff member attached to the branch tested positive...
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 The money laundering charge was withdrawn against ...
The post Judge unfreezes bank account of woman appeared first on ...
Do not bury God-given talents
August 24, 2023
Do not bury God-given talents
"So take the bag of gold from him and give it to the one who has ten bags. For whoever has will be given more, and they will have an abundance. Whoever does not have, even what they have will be taken from them." - Matthew 25:28-29 It was 1980-1982 that I was assigned by ...
The post Do not bury God-given talents appeared first on The Nassau Guardian.
The post Do not bury God-given talents appeare...
August 23, 2023
IMF report stresses strengthening banking sector against failure
The International Monetary Fund (IMF) has released a report focused on strengthening the banking system against failures, by ensuring the safeguards in place as required by The Central Bank of The Bahamas (CBOB) are operationalized and sufficient. The IMF released a report called "Operationalizing the New Bank Resolution Framework and Amended Deposit Insurance Legislation", that ...
The post IMF r...
August 15, 2023
Health of coral reefs a concern after oil found on GB beaches
While authorities on Grand Bahama try to determine the source of lumps of oil found on beaches on the island, environmentalists are concerned about the impact on coral reefs and shorelines.
Bankman-Fried accused of using $100 million in FTX customer funds for political contributions
August 15, 2023
Bankman-Fried accused of using $100 million in FTX customer funds for political contributions
NASSAU, BAHAMAS — US federal prosecutors allege that embattled FTX founder Sam Bankman-Fried used misappropriated customer funds to make more than $100 million in political campaign contributions. The newly filed indictment on Monday asserts that these funds were channeled into campaign donations in anticipation of the 2022 US midterm elections. The new indictment comprises seven [...]
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