Search results for : Banks
September 29, 2023
Central Bank targets banks in Sand Dollar adoption strategy
The Central Bank of The Bahamas (CBOB) is preparing to engage the commercial banks more actively in order to boost Sand Dollar adoption, given that the commercial banks already have strong relationships with customers and merchants, CBOB Governor John Rolle said yesterday.
June 30, 2021
Clearing Banks Association: Banks will turn the corner by third quarter
Clearing Banks Association President Kenrick Brathwaite said he believes local banks will start to turn a corner by the third quarter of 2021, after significant losses in 2020 due to increased provisions for loan impairments and rising arrears.
August 30, 2019
NOTICE-Clearing Banks Association Announces Hurricane Dorian Alert
NOTICE-Clearing Banks Association Announces Hurricane Dorian Alert NEW NOTICE; Saturday Banking Closed...
April 30, 2024
Banks Will Be Able To Approve More Foreign Currency Transactions
NASSAU, BAHAMAS - New exchange control liberalization policies mean commercial banks will soon be able to approve a wider range of transactions involving foreign currency purchases made by members of the public.
April 27, 2024
Central Bank's Financial Literacy Expo Empowers High School Students
NASSAU, BAHAMAS - The initiative coincides with financial literacy month, recognized globally in April. But this year's event took a different spin.
Bahamians Borrowers Impacted by COVID-19 To Get Three Month Break on Loans Payments with Banks & Credit Unions
March 24, 2020
Bahamians Borrowers Impacted by COVID-19 To Get Three Month Break on Loans Payments with Banks & Credit Unions
~Business and consumer loans ...Loan Accounts must be in good standing to benefit...
Scotia Bank Targets 'Great' Pivate Banking Prospects
December 05, 2011
Scotia Bank Targets 'Great' Pivate Banking Prospects
Scotia Bank (Bahamas) is targeting "lots of opportunities for growth" in its private banking and wealth management businesses, its managing director said yesterday, looking to build upon its strong trust legacy and leverage products/services provided by its parent group.
Bahamas To Host African Import Export Bank Meeting
April 11, 2024
Bahamas To Host African Import Export Bank Meeting
NASSAU, BAHAMAS – Prime Minister Philip Davis has signed an agreement with Afreximbank, chaired by His Excellency Professor Benedict, to host the African Import Export Bank's meeting in New Providence, Bahamas in June which is expected to attract over 3000 delegates to the country. The meeting is designed to promote trade and investment opportunities between [...]
Commonwealth Bank executives celebrate Women's Day with a courtesy call on the Governor General
March 12, 2024
Commonwealth Bank executives celebrate Women's Day with a courtesy call on the Governor General
Her Excellency the Most Hon. Cynthia Pratt, Governor General, welcomed Mrs. Denise Turnquest, President, Commonwealth Bank and team in a courtesy call in observation of International Women’s Day 2024 at the Office of the Governor General, March 5, 2024.
February 28, 2024
BAIC and Bank of The Bahamas sign MOU to assist farmers
The Bahamas Agricultural and Industrial Corporation (BAIC) signed a Memorandum of Understanding with the Bank of the Bahamas (BOB) to provide loan facilities to assist farmers who wish to expand their businesses and acquire land. A signing ceremony was held at BAIC headquarters on Tuesday, 27th February 2024.
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