Search results for : bob
BAIC & BOB Working Together to Help Farmers
February 28, 2024
BAIC & BOB Working Together to Help Farmers
NASSAU, BAHAMAS - The fruit of their partnership will be seen in one of their first shared projects - symposium happening this March.
The Bob Marley Series: A Controversial Concert
February 15, 2024
The Bob Marley Series: A Controversial Concert
NASSAU, BAHAMAS - 1979 was classified by the UNESCO as International Year of The Child. This was also the year, the Bob Marley came to The Bahamas.
Live at the Bob Marley: One Love Movie Premiere
February 15, 2024
Live at the Bob Marley: One Love Movie Premiere
NASSAU, BAHAMAS - This week, we delve into the life of reggae superstar Bob Marley with our Denielle Miller, who is live at Fusion Superplex for the premiere.
Bob Marley: One Love
February 13, 2024
Bob Marley: One Love
NASSAU, BAHAMAS - As the Bob Marley tribute gets set to premiere in The Bahamas, our Denielle Miller talks about her own series and rediscovering the reggae legend.
November 09, 2023
ArawakX hits out at regulator's top exec over "ill advised" conversations with BOB
NASSAU, BAHAMAS — ArawakX has strongly criticized the Securities Commission's top executive for what it has deemed an "ill-advised and prejudicial conversation" with the Bank of the Bahamas (BOB) regarding their alleged negotiations on a settlement with the BISX-listed lender, asserting that it had submitted a settlement proposal at the bank's request. In an affidavit [...]
BOB EVOLVE is JA Company of the Year
July 03, 2023
BOB EVOLVE is JA Company of the Year
Bank of The Bahamas Limited's (BOB) JA EVOLVE (Embarking on Visionary Opportunities while Living Valuable Experiences) is the Junior Achievement (JA) Company of the Year 2022-2023. BOB EVOLVE earned recognition for their achievements which included first places for product of the year for MuddaSick, their Bahamian Uno-inspired card game which features popular Bahamian comedians and ...
The post BO...
Gibson in talks to bring BOB to Long Island
February 02, 2018
Gibson in talks to bring BOB to Long Island
Member of Parliament for Long Island Adrian Gibson is engaged in talks to bring a Bank of The Bahamas (BOB) branch to Long Island, following Royal Bank of Canada's (RBC) announcement it will pull out of the island by April 13, Gibson told Long Islanders [...]
February 16, 2018
BOB's Amani Stuart wins JA New Providence's Annual Speech Competition 2018
Amani Stuart, president of Bank of The Bahamas? SPARK INNOVATION JA Company recently won Junior Achievement New Providence?s 2018 Annual Speech Competition. Amani beat out more than 100 entrants and twelve finalists to win the competition...
DPM: Cheaper to support BOB than shut it down
March 08, 2018
DPM: Cheaper to support BOB than shut it down
Deputy Prime Minister and Minister of Finance Peter Turnquest said yesterday the government reviewed the net outcome of selling Bank of The Bahamas (BOB) or possibly shutting it down. However, Turnquest said it would be more costly to the government to shut down the bank [...]
Moody's concerned about BOB,?state-owned enterprises
August 15, 2018
BOB reports fourth quarter net income of 1.5 million
August 15, 2018
BOB reports fourth quarter net income of 1.5 million
Bank of The Bahamas (BOB) declared a net income of $1.5 million in its fourth quarter for unaudited consolidated financial statements, a turnaround from the prior year's net loss of $46.5 million. The financial statements were released on the bank's website yesterday and showed an [...]
The post BOB reports fourth quarter net income of $1.5 million appeared first on The Nassau Guardian.
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...
BOB reports 68.87 percent growth in net income
May 12, 2023
BOB reports 68.87 percent growth in net income
Bank of The Bahamas (BoB) experienced 68.87 percent growth in net income for a total of $9.8 million for the nine months ending March 31.
BOB reports Q2 net income of $4.8 million
February 13, 2023
BOB reports Q2 net income of $4.8 million
Bank of The Bahamas (BOB) continues on a path to sustainable profitability, after results form the bank's second quarter, which ended December 31, 2022, revealed a net income of $4.8 million, compared to $4.4 million during the same period the year before, BOB's Managing Director Kenrick Brathwaite said in his remarks that accompanied the bank ...
The post BOB reports Q2 net income of $4.8 million...
BOB's Q2 net income just under $5 million
February 13, 2023
BOB's Q2 net income just under $5 million
NASSAU, BAHAMAS — The Bank of The Bahamas reported a net income of just under $5 million for its 2023 second quarter, with its managing director noting that sustainable growth continues to be the primary focus for the BISX-listed lender. BOB reported a net income of $4.8 million at the end of the second quarter [...]
Former BOB IT manager jailed for ATM thefts
December 05, 2019
Former BOB IT manager jailed for ATM thefts
Former IT Manager at Bank of The Bahamas Renwick Bowe was returned to prison yesterday after he lost his bid to overturn his conviction and sentence for stealing $21,000 from pensioners' accounts. In January 2018, Magistrate Samuel McKinney sentenced Bowe to three and a half [...]
The post Former BOB IT manager jailed for ATM thefts appeared first on The Nassau Guardian.
Deep concern about the BOB bailout
November 10, 2014
Deep concern about the BOB bailout
Dear Editor,
There are many issues that have arisen in our country which are not only distressing but threaten to further destabilize our economy and ruin whatever remains of our credit among people of conscience and good sense at home and abroad.
I am deeply concerned about the Bank of The Bahamas matter. As a Bahamian-born citizen, I join other people of goodwill in asking what new folly, e.g. t...
BOB helps inner-city back-to-school efforts
September 11, 2014
BOB helps inner-city back-to-school efforts
Bank of The Bahamas (BOB) is doing its part to ease the burden of heading back to school for lower income families. The bank recently provided school supplies to a number of community organizations to assist them with their back-to-school programs for children in inner-city areas of New Providence, including Fox Hill, Englerston, Cowpen Road and Kemp Road.
Among the organizations receiving assista...
'Lots of muscle' required for $142m toxic BOB pile
December 21, 2022
'Lots of muscle' required for $142m toxic BOB pile
The Bank of The Bahamas bail-out vehicle must now employ "lots of muscle" to recover its remaining "toxic" loan collateral valued at $142m, its chairman revealed yesterday.
BOB: Car Show Activity Busiest in Years
April 20, 2012
BOB: Car Show Activity Busiest in Years
Nassau, Bahamas - A local leading bank said
today activity at the recent car show at the Mall at Marathon was the busiest
in years, with more buyers prepared to put down substantial down payments and
showing up prepared with plans, pre-approvals and budgets.
BOB (Bank of The Bahamas)
retail sales manager Ian Thompson said today the bank saw a marked difference
between last year and this year's au...
February 17, 2015
Resolve valuation likely different from BOB, Smith says
Bahamas Resolve Ltd. Chairman James Smith said it is likely that there will be a difference between the value Bank of The Bahamas places on the loans transferred to Resolve and the value Deloitte & Touche places on those same assets. Smith also reported that parties have already begun expressing interest in purchasing the assets on the Resolve books.
BOB to capitalize on plump fixed deposits
March 01, 2012
BOB to capitalize on plump fixed deposits
As placement agents CFAL and Providence Advisors Limited begin the task of returning around $35 million to the Bahamian public, Bank of the Bahamas (BOB) has launched a campaign to highlight attractive fixed deposit accounts for Bahamians saving for the future.
APD Limited's wildly successful $10 million initial public offering (IPO) shows there is a demand for reliable investment vehicles, accord...
January 26, 2012
Cycling enthusiasts invited to participate in BOB Family Fun Ride
NASSAU, Bahamas -- The 9th Annual Tour of the Bahamas features a brand new element this year, the Family Fun Ride to be held Saturday, January 28 in Nassau. Sponsored by BOB, the Family Fun Ride is free and open to all cycling enthusiasts 13 years and older regardless of skill level.
The 10-mile circuit will begin at Caves Point at 4pm, travel east along West Bay Street to Saunders Beach and retur...
January 26, 2012
Cycling Enthusiasts Invited to Participate in BOB Family Fun Riders
Nassau, Bahamas - The 9th Annual Tour of
the Bahamas features a brand new element this year, the Family Fun Ride to be
held Saturday, January 28 in Nassau. Sponsored by BOB, the Family Fun Ride is
free and open to all cycling enthusiasts 13 years and older regardless of skill
level.
The 10-mile circuit will begin at
Caves Point at 4pm, travel east along West Bay Street to Saunders Beach and
retur...
January 26, 2012
Cycling Enthusiasts Invited to Participate in BOB Family Fun Ride
The 9th Annual Tour of the Bahamas features a brand new element this year, the Family Fun Ride to be held Saturday, January 28 in Nassau. Sponsored by BOB, the Family Fun Ride is free and open to all cycling enthusiasts 13 years and older regardless of skill level.
September 29, 2021
BOB reports overall net income of 6.4 mil. despite pandemic
Bank of The Bahamas (BOB) ended its financial year with a five percent decrease in operating income, due primarily to a loss in net interest income resulting from deferred loan fees associated with COVID-related consumer loan campaigns.
December 13, 2015
Security firm identifies numerous gaps in BOB security controls
Praetorian, the firm hired by Bank of The Bahamas (BOB) to test its vulnerability to possible Internet and intranet based attacks and to evaluate existing security controls, last year identified a number of gaps in the bank's security, some with substantial risk attached.
June 19, 2014
BOB sponsors 16 RBPF youth camps in support of Summer Youth Programme
Bank of The Bahamas (BOB) is partnering with the Royal Bahamas Police Force (RBPF) to provide safe and positive activities for youth this summer throughout New Providence and several Family Islands. The community-oriented bank recently donated a $4,000 check in support of all 16 summer camps that form the RBPF's Youth Summer Programme.
During a press conference at BOB's headquarters, Patricia Jame...
BOB sees 7 million net losses amid COVID-19 pandemic
October 01, 2020
BOB sees 7 million net losses amid COVID-19 pandemic
Bank of The Bahamas (BOB) closed its fourth quarter with a net loss of $7.4 million for the year, which ended June 30, its Managing Director Kenrick Brathwaite said in the bank's just-released financial performance statement. Due to the COVID-19 pandemic, the bank increased its net provision in loan losses to $15.3 million. Brathwaite said despite ...The post BOB sees $7 million net losses amid CO...
October 05, 2020
BOB In The Community-Supporting The Fight Against COVID-19
Pedro Burrows, Senior Manager, Business Development, BOB presents a Donation of Personal Protective Equipment to Tamara Davis...
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