Search results for : Credit Unions
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...
Credit Union Clarification
November 15, 2011
Credit Union Clarification
In yesterday's Tribune Business, it was reported that Bahamian credit unions had been deterred from making microfinance loans due to delinquency rates that hit 50 per cent.
50 Deliquencies Deter Credit Unions on Microfinance
November 14, 2011
50 Deliquencies Deter Credit Unions on Microfinance
BAHAMIAN credit unions "must look at" getting back into microfinance lending, a leading executive said yesterday, having recoiled from the sector due to high loan delinquencies that at one point exceeded 50 per cent of the portfolio.
ALMA MCBRIDE-MILLS
September 04, 2023
ALMA MCBRIDE-MILLS
Funeral Service for MRS. ALMA MCBRIDE-MILLS, age 73 years of #109 Faith Avenue, Pioneer's Loop, Freeport, Grand Bahama and formerly of The Bight, Moore's Island will be held on Saturday, September 2nd, 2023 at 10:00 a.m. at Jubilee Cathedral, Cathedral Boulevard, Freeport, Grand Bahama.
Bahamian firms cite access to finance as major or severe obstacle to conducting business
March 26, 2024
Bahamian firms cite access to finance as major or severe obstacle to conducting business
NASSAU, BAHAMAS — Bahamian firms have cited access to finance as a major or severe obstacle to conducting business, with only a small percentage reporting having a line of credit to access short-term funding. The Inter-American Development Bank's (IDB) recently released 2024-2028 country strategy for The Bahamas pointed to the Innovation, Firm Performance, and Gender [...]
February 22, 2024
Impending Demolition of International Building To Make Way for Modern UB North Campus
University of The Bahamas (UB) is taking a pivotal step towards the creation of a new state-of-the-art UB North campus in Freeport, Grand Bahama as it prepares for the demolition of the International Building at the Kipling Complex.
Too many Bahamians unable to afford homes, PM says
January 12, 2024
Too many Bahamians unable to afford homes, PM says
NASSAU, BAHAMAS — Prime Minister Philip Davis has lamented that homeownership has been out of the reach of many Bahamians, stating: "We must resolve to change this reality." "As we maintain our focus on reducing the cost of living and creating more opportunities for Bahamians, affordable homeownership opportunities are an essential component of our blueprint [...]
January 02, 2024
Central Bank relaxes lending rules for residential mortgages
NASSAU, BAHAMAS — The Central Bank has announced that it is relaxing the lending rules for residential mortgages provided by domestic banks and credit unions by revising the minimum equity injection requirement, a move expected to alleviate the financial burden for qualified borrowers and allow some additional individuals to qualify for credit. The Central Bank [...]
Halkitis: We have no cash crunch
September 21, 2023
Halkitis: We have no cash crunch
Minister of Economic Affairs Michael Halkitis yesterday dismissed as an untruth the opposition's claim that the government of The Bahamas is facing a "cash crunch" notwithstanding record revenues.
July 26, 2023
Mastercard to host fintech summit in Bahamas next month
Mastercard will host a financial technology (fintech) summit at Rosewood at Baha Mar next month, to expose trends in the Caribbean's fintech ecosystem, the company said in a statement released yesterday.
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