Search results for : Deposits
June 27, 2023
CORRUPTION IN HIGH PLACES?: Bahamian government official allegedly offered $1 million "bonus" to fast track FTX business license
NASSAU, BAHAMAS — An FTX US chief has claimed in recently filed court documents claimed that a former Bahamian government official, acting as an attorney, was offered a $1 million "bonus" to procure a business license for FTX Digital Markets within ten weeks, and the company was able to obtain the license six weeks later. [...]
Saudi Arabia, govt agree on $10 mil. loan facility
June 20, 2023
Saudi Arabia, govt agree on $10 mil. loan facility
Deputy Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper yesterday announced that the Kingdom of Saudi Arabia has entered into a $10 million loan facility agreement with the government to fund the Tourism Development Corporation's business incubation centers.
Kingdom of Saudi Arabia provides $10 million loan to boost TDC business incubation centers
June 20, 2023
Kingdom of Saudi Arabia provides $10 million loan to boost TDC business incubation centers
NASSAU, BAHAMAS — The government has agreed to a $10 million loan facility from the Kingdom of Saudi Arabia to fund the Tourism Development Corporation's Business Incubation Centres Deputy Prime Minister Chester Cooper revealed yesterday. Cooper during his budget communication in Parliament said: "I am pleased to announce that the Kingdom of Saudi Arabia and [...]
BoB added as new SandDollar AFI
May 30, 2023
BoB added as new SandDollar AFI
As it seeks to expand the adoption of its digital currency SandDollar, Central Bank of The Bahamas (CBOB) revealed last week that Bank of The Bahamas (BOB) is the newest authorized financial institution approved as an authorized financial institution (AFI). In a public update on the digital currency, CBOB also revealed that it has completed ...
The post BoB added as new SandDollar AFI appeared fir...
May 30, 2023
Central Bank announces technical developments, upgrades for mobile wallet holders
NASSAU, BAHAMAS- The Bank of The Bahamas (BOB) will soon become the latest authorised financial institution (AFI) to begin providing SandDollar wallet services to customers in a targeted and phased rollout according to the Central Bank, with the regulator also revealing technical developments and upgrades for mobile wallet providers. In a recently released public update [...]
Equinor cleanup remains a 'greasy' issue
May 23, 2023
Equinor cleanup remains a 'greasy' issue
Minister for the Environment and Natural Resources Vaughn Miller said he will advocate for the most severe penalties if Equinor is found "wanting" in its cleanup of the transshipment site in East Grand Bahama.
May 02, 2023
Young entrepreneur gives access to stock buying with new app
This month a young entrepreneur's mobile app will allow everyday Bahamians access to the US stock market and some international stocks as well.
Central Bank acknowledges "less than satisfactory" bank account opening time, touts improvements
May 01, 2023
Central Bank acknowledges "less than satisfactory" bank account opening time, touts improvements
NASSAU, BAHAMAS- The Central Bank is still actively seeing to improve what still remains a "less than satisfactory" experience in opening accounts at domestic banks according to Governor John Rolle, noting that the target is to reduce the average time it takes to open a business account to less than two weeks. "The Central Bank [...]
Before saying 'I do' the bridal show awaits you
April 14, 2023
Before saying 'I do' the bridal show awaits you
Congratulations! So, you're getting married and planning a wedding. Will the wedding be formal or semi-formal? Day or evening wedding? Outdoor or indoor? Garden or church ceremony? Type of music for the first dance? The size of bridal party? How many invited guests? What's your budget? So many questions. Never enough time. Before saying "I ...
The post Before saying 'I do' the bridal show awaits y...
Who is most at risk for gum disease
April 11, 2023
Who is most at risk for gum disease
Are you at risk of getting periodontal disease? You can determine your risk factors by answering the following questions: How old are you? The risk of attracting gum disease increase as we age. As a result, the majority of people who suffer from gum disease usually falls on people over the age of 40. There ...
The post Who is most at risk for gum disease appeared first on The Nassau Guardian.
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