Search results for : Loans Personal
Mortgages outstanding at 3.3B, personal loans grow
Mortgages outstanding at 3.3B, personal loans grow
The Central Bank of The Bahamas (CBOB) reported in its September quarterly economic report (QER), which was released this week, that personal loans and both consumer and residential mortgages grew; with respect to mortgages in particular, the value of mortgages outstanding grew for the second straight year, to $3.3 billion.
CIBC FirstCaribbean Staff Pounds The Pavement
CIBC FirstCaribbean Staff Pounds The Pavement
When executives of CIBC FirstCaribbean Bahamas encouraged sales staff to go out and meet with individuals and businesses in the community, little were they aware of the impact that would have on staff, business and the public.
CIBC FIRSTCARIBBEAN TO SELL ITS BANKING ASSETS IN CURAÇAO AND ST. MAARTEN
FirstCaribbean International Bank Limited has announced that its wholly-owned subsidiary, FirstCaribbean International Bank (Cayman) Limited (“FCIB Cayman”), has agreed to sell its banking assets in Curaçao and St. Maarten to the Curaçao-based Orco Bank.
Debit card transactions up nearly 17 percent in 2022, according to Central Bank
NASSAU, BAHAMAS — The use of electronic payment instruments increased in 2022 according to the Central Bank, most notably with the value of debit card transactions increasing by nearly 17 percent to $2.3 billion. The Central Bank in its Financial Stability Report for 2022 noted that in terms of other electronic-based payment instruments, the value [...]
Loan approvals rise as bank lending conditions improve in 2022 second half
NASSAU, BAHAMAS — The Central Bank's most recent survey of commercial banks revealed that bank lending conditions and demand for credit improved during the latter half of 2022, with the number of loan applications approved rising nearly 20 percent year-on-year. The results of the regulator's Bank Lending Conditions Survey (BLCS) survey on which sought information [...]
The Rt. Hon. Perry G. Christie, Minister of Finance at The First Annual Bahams Economic Outlook at Atlantis Resort
The Rt. Hon. Perry G. Christie, Minister of Finance at The First Annual Bahams Economic Outlook at Atlantis Resort
I welcome this opportunity to address this First Annual Bahamas Economic Outlook sponsored by the Fidelity Group of Companies...
Scotiabank Makes Further Changes in Operations to Assist Containment of the COVID-19 Virus
Scotiabank Makes Further Changes in Operations to Assist Containment of the COVID-19 Virus
Scotiabank has made changes to its branch operations in an effort to protect customers and staff against the threat of the COVID 19 virus. The Bank will close some of its branches for the next 2 weeks as part of its business continuity planning...
Tribune top stories - Fri Mar 12
Tribune top stories - Fri Mar 12
Store manager ?cuts own throat?
Bahamas removed from financial services 'grey list'
Man accused of rape collapses in court
ZNS staff evaluation forms allegedly tampered with
Former senator says $4 million lawsuit had abated
Several officers caught in strip club raid still on active duty
Largest Single Allocation of Investment Funds for Bahamian Entrepreneurs by Government, Announced
Largest Single Allocation of Investment Funds for Bahamian Entrepreneurs by Government, Announced
Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest said by bringing in additional funding from Access Accelerator Small Business Development Centre’s (SMDC)...
A blind eye
A blind eye
If public confidence in the
integrity of the political
directorate of The Bahamas is to become a hallmark of our
political culture, it is of the first importance that the prime minister and other ministers of
government observe -- and be seen to observe -- the highest standards of probity in
public life.
-- PERRY CHRISTIE, 2002
As prime minister of The Bahamas, Perry Gladstone Christie has proven...