Search results for : Credit
Teamwork credited for lull in murders
March 10, 2017
Teamwork credited for lull in murders
A recent lull in murders is the result of "consistency" in targeting "prolific offenders" and a "team approach" by law enforcement agencies in executing the government's most recent anti-crime measures, Chief Superintendent Clayton Fernander said yesterday...
October 20, 2016
BTC to credit landline customers left cut off by Hurricane Matthew
BTC announced yesterday that it will issue a credit to landline customers whose service was impacted by Hurricane Matthew as it outlined an aggressive agenda to restore services.
Clico's Credit or Sin 32.5M Setback
December 20, 2011
Clico's Credit or Sin 32.5M Setback
CLICO (Bahamas) Bahamian creditors yesterday received an unwelcome Christmas present after the potential $32.5 million sale of the insolvent insurer's main asset fell through, further delaying any cash recovery they may receive.
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.
RBPF Commissioner: 'Give Us Some Credit'
April 08, 2024
RBPF Commissioner: 'Give Us Some Credit'
NASSAU, BAHAMAS – Police Commissioner Clayton Fernander has refuted claims made by critics which suggested that the rapid progress in the homicide case of former politician Don Saunders is influenced by his social status. Commissioner Fernander urged to the public to take into account that police work relentlessly to solve homicides regardless of the social [...]
IDB approves US$60 million conditional credit line for Bahamas sustainable development projects
April 04, 2024
IDB approves US$60 million conditional credit line for Bahamas sustainable development projects
NASSAU, BAHAMAS — The Inter-American Development Bank (IDB) has approved a US$60 million Conditional Credit Line for investment projects that aim to foster sustainable development in the Bahamas. The initiative seeks to jump-start micro, small, and medium-sized enterprises (MSMEs) within the country's blue economy, which, as per IDB estimates, accounts for 21.5 percent of the [...]
November 03, 2023
CIBC FIRSTCARIBBEAN AND JETBLUE INTRODUCE TWO NEW CREDIT CARDS IN 5 CARIBBEAN DESTINATIONS OFFERING CARDHOLDERS EXCLUSIVE BENEFITS AND REWARDS
JetBlue (Nasdaq:JBLU) and CIBC FirstCaribbean, the leading bank in the Caribbean, today announced a new partnership with Mastercard, the global technology company in the payments industry, to launch two credit cards for customers in five Caribbean markets where JetBlue operates. The new JetBlue Mastercard and JetBlue Select Mastercard by CIBC FirstCaribbean will provide cardmembers exclusive rewar...
June 09, 2023
Moody's credit opinion a 'positive nod' to budget, says Edwards
Credit ratings company Moody's credit opinion on The Bahamas, released on Wednesday, is a "positive nod" to the government's 2023/2024 budget, Managing Consultant at Next Level Solutions Hubert Edwards said yesterday, explaining that Moody's is watching how the government controls debt and spending and borrows money.
Private sector credit up $6 million
May 31, 2023
Private sector credit up $6 million
Private sector credit increased by $6 million during the month of April, following a double digit falloff during the same period a year ago, The Central Bank of The Bahamas revealed yesterday.
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