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New Enhancements by NIB
April 14, 2016
New Enhancements by NIB
The National Insurance Board is pleased to announce several new changes arising from the completion of Phase II of its new Insurance Administration System.
March 30, 2016
Turnquest: BOB chief's plan 'highlights weakness of brand'
Shadow Minister for Finance Peter Turnquest said the transformation plan announced by Bank of The Bahamas (BOB) Managing Director Wayde Christie highlights "the weakness of the brand in the private sector", and warned that the government's policy mandating new hires open and maintain BOB accounts will increase the banking costs for the employees.
Govt mandates new hires must have BOB accounts
March 28, 2016
Govt mandates new hires must have BOB accounts
A new banking policy, signed by Acting Financial Secretary Simon Wilson, calls for all new government hires - monthly or weekly - to open accounts with Bank of The Bahamas (BOB) in order to facilitate salary payments, and mandates that they remain BOB account holders until they become permanent and pensionable.
Bank of Bahamas touts new growth plan
March 23, 2016
Bank of Bahamas touts new growth plan
Bank of The Bahamas (BOB) Managing Director Wayde Christie has broken his silence, proclaiming that the bank "can no longer be all things to all people", and thereby confirming indications from past managing director Paul McWeeney that the bank would cut back its commercial business - Christie called it "streamlining" the bank's market focus.
Bank of The Bahamas unveils transformation plan
March 24, 2016
Bank of The Bahamas unveils transformation plan
After three years of challenges, Bank of The Bahamas said today a transformation that has been underway since January is netting positive results in asset recovery, credit risk procedures and strategic plans, including improved capitalization.
Bank of the Bahamas Unveils Transformation Plan, Capitalization, Modest Risk Lending,...
March 23, 2016
Bank of the Bahamas Unveils Transformation Plan, Capitalization, Modest Risk Lending,...
Bank of the Bahamas Unveils Transformation Plan, Capitalization, Strict Governance, Modest Risk Lending, Revised Market Focus to Mark Path to Turnaround
Turnquest offers mortgage relief proposals
March 21, 2016
Turnquest offers mortgage relief proposals
Shadow Minister of Finance and Free National Movement (FNM) Deputy Leader Peter Turnquest yesterday said mortgage relief is a product of cooperation and facilitation between banks and the government, and gave his own possible solutions to the mortgage problem.
The cashless society
March 11, 2016
The cashless society
If you read the Financial Times, The Wall Street Journal, The Washington Post or some of the world's other heavyweight newspapers, you may have seen in recent months, articles discussing the abolition of currency.
Got high cholesterol
March 07, 2016
Got high cholesterol
These days it takes more than an apple a day to keep the doctor off your back. The good doc is going to pester you about your blood pressure and cholesterol levels -- apple or not. And who can blame him?
2015-2016 Mid-Year Budget Statement delivered by Prime Minister the Rt. Hon. Perry G. Christie
March 07, 2016
2015-2016 Mid-Year Budget Statement delivered by Prime Minister the Rt. Hon. Perry G. Christie
Mr. Speaker, I have the honour to present the 2015/16 Mid-Year Budget Statement, the fourth such Statement of my Administration, as mandated by the Financial Administration and Audit Act of the Commonwealth of The Bahamas.
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