Search results for : Banks
September 29, 2021
Thompson: Bank review shows FNM's positive economic impact
FORMER State Minister for Finance Kwasi Thompson said the recent quarterly review by the Central Bank of The Bahamas proves the economic policies implemented by the Minnis administration were having a positive impact on the Bahamian economy.
Frame'd Eyewear & Accessories wants you to see better in style without "breaking the bank"
September 13, 2021
Frame'd Eyewear & Accessories wants you to see better in style without "breaking the bank"
By: Jhanae Winter
There continues to be a need for stylish yet affordable prescription eyewear for all ages. Heidi Munroe, owner of Frame’d Eyewear & Accessories, is doing just that as her business provides men, women and children with various affordable options that suit their eye needs.
September 08, 2021
Central Bank will resume foreign currency purchasing facilities next month
The Central Bank of The Bahamas (CBOB) will reinstate its Bahamian Depository Receipts program (BDR) and the approval of applications to purchase foreign currency through the Investment Currency Market (ICM) to fund external portfolio and capital investments beginning the first of October, the bank said in a statement yesterday, marking the return of these two instruments after they were stopped f...
September 02, 2021
PLP vows to increase the number of Bahamian commercial banks
PLP Deputy Leader Chester Cooper said a Progressive Liberal Party (PLP) government would encourage the Central Bank of The Bahamas (CBOB) to grant at least three commercial bank licenses to Bahamians or groups of Bahamians.
June 18, 2021
Former bank employee accused of stealing over 50,000 from customer accounts
A FORMER First Caribbean Bank employee was arraigned in Magistrates Court on Friday for allegedly stealing over $50,000 from customer accounts over a nearly three-year period.
June 16, 2021
Central Bank employees protest after industrial agreement impasse
About a dozen Central Bank of The Bahamas employees held a protest yesterday in response to what they consider unfair changes to their employment benefits, among other issues.
June 16, 2021
RF Bank and Trust sponsors national golf championships again
Local amateur golfers are set to participate in the RF National Amateur Golf Championships during this Father's Day weekend.
June 15, 2021
Central Bank survey reveals increasing use of digital payments
As the Central Bank of The Bahamas (CBOB), Ministry of Finance and clearing banks push to achieve a 50 percent reduction in the use of cash and an 80 percent reduction in the use of checks by 2025, a new survey revealed that more businesses have embraced digital payments in the wake of the COVID-19 pandemic.
May 19, 2021
Impact of COVID-19 felt in Bank of The Bahamas’ third quarter
Bank of The Bahamas (BoB) has reported continued losses in its third quarter, as the COVID-19 pandemic continues to have an impact.
Commonwealth Bank focused on personal banking
February 26, 2015
Commonwealth Bank focused on personal banking
Commonwealth Bank (CB) yesterday announced in its unaudited report for 2014 that it continues to record low levels of nonperforming loans compared to the industry averages.
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