Search results for : Deposits
February 08, 2023
Tourism Minister calls Minnis' Bahamasair comments 'irresponsible'
TOURISM, Aviation and Investments Minister Chester Cooper said former Prime Minister Dr Hubert Minnis was "irresponsible" when he told parliamentarians on Monday that millions of dollars were missing from Bahamasair.
February 01, 2023
Qualified new borrowers still low despite improved economic conditions
Consumer credit, residential mortgages and commercial credit all decreased in 2022, The Central Bank of The Bahamas revealed, indicating that while the economy has improved the debt servicing capacity of existing borrowers, it has not yet increased the pool of qualified new borrowers.
February 01, 2023
Banks must hit key performance indicators before checks eliminated
Central Bank Governor John Rolle confirmed earlier this week that more work will be done to ensure local banks are able to settle digital transactions faster, with better cost efficiency and in greater numbers, before it moves to completely eliminate checks.
Leading luxury property auction firm predicts strong Caribbean resilience as real estate frenzy slows
January 30, 2023
Leading luxury property auction firm predicts strong Caribbean resilience as real estate frenzy slows
By Diane Phillips
Two years after COVID 19 restrictions inadvertently opened the floodgates that created mass exodus from inner cities and cold suburbs to the most desirable places on earth, analysts say the real estate market that set record highs is beginning to show signs of slowing. But for one firm that specializes in luxury properties, the frenzy for the finest is doing anything but retre...
SBF objects to automatic stay filed by FTX debtors
January 09, 2023
SBF objects to automatic stay filed by FTX debtors
Sam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX, last week filed an objection to an automatic stay motion filed by FTX debtors in their Chapter 11 bankruptcy proceedings on his Antigua and Barbuda company Emergent Fidelity Technologies Ltd.
FTX founder pleads not guilty
January 04, 2023
FTX founder pleads not guilty
FORMER FTX CEO Sam Bankman-Fried pleaded not guilty in a Manhattan federal court yesterday to charges of cheating investors and looting customer deposits on his cryptocurrency platform.
January 03, 2023
FTX founder Sam Bankman-Fried pleads not guilty in New York
NEW YORK (AP) — FTX founder Sam Bankman-Fried pleaded not guilty in Manhattan federal court Tuesday to charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform.
August 03, 2022
Rolle: Central Bank addressing 'pain points' surrounding elimination of checks
Central Bank Governor John Rolle said yesterday that the bank is "very cognizant of the pain points that need to be addressed", particularly surrounding electronic payments in lieu of checks. He was responding to questions posed by Guardian Business regarding concerns of the private sector surrounding the elimination of checks.
'Jazz' hits his 10th home run
July 09, 2021
'Jazz' hits his 10th home run
A 30-30 season might be a little out of reach, but a 20-20 campaign is still within grasp for Bahamian professional baseball player with the Miami Marlins of Major League Baseball (MLB) Jasrado “Jazz” Chisholm.
Police officer stable after airport shooting
October 03, 2021
Police officer stable after airport shooting
A POLICE officer is in stable condition after being shot while on duty at Lynden Pindling International Airport on Saturday.
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