Search results for : Loan offices
1.5 billion Thank Yous
January 14, 2020
1.5 billion Thank Yous
DONORS pledged $1.5bn in funding and in-kind services for Hurricane Dorian recovery during a conference at Baha Mar yesterday. The event attracted more than 300 local and international delegates...
Workshop for Passport Office Staff
July 16, 2019
Workshop for Passport Office Staff
The Ministry of Foreign Affairs, in collaboration with the Department of Transformation and Digitization of the Office of the Prime Minister, held a workshop for Passport Office staff on Saturday 6th July 2019 in the training room of Cecil Wallace Whitfield Centre on Cable Beach. Staff members of the Passport Offices in Nassau, Grand Bahama and Abaco attended the workshop. Other staff members part...
The repayment of student loans
June 14, 2019
The repayment of student loans
Jeffrey Lloyd, member of Parliament for South Beach and minister of education, threatened to garnish the salaries of public officers to repay defaulted education loans. Presumably he will pursue other delinquent borrowers through other legal means. He seeks to reduce the $83 million owed by [...]
The post The repayment of student loans appeared first on The Nassau Guardian.
Downgrade avoided - Now follow through!
August 30, 2017
Downgrade avoided - Now follow through!
There is no other way to say it, avoiding a downgrade by Moody's Investors Service was a good thing; now the government has to follow through with its fiscal plan. I said in a previous article that the government was singing the right notes when it adjusted its rhetoric following the Moody's review of its standing after the budget communication. The government's pledge to reduce expenditure, cut i...
Ferreira: BMC arrears at 42 percent
June 09, 2017
Ferreira: BMC arrears at 42 percent
Minister of Environment and Housing Romauld Ferreira said Hurricane Joaquin and Hurricane Matthew are partially to blame for mortgage loan arrears at the Bahamas Mortgage Corporation (BMC) remaining at 42 percent for the previous fiscal period.
In his contribution to the 2017/2018 budget debate on Thursday, Ferreira said, "Bahamians throughout the length and breadth of the Commonwealth of The Baha...
$7m spent by government so far on hurricane clean-up
November 22, 2016
$7m spent by government so far on hurricane clean-up
WHILE several communities throughout the capital still bear the signs of the devastation left behind by Hurricane Matthew, Labour Minister Shane Gibson, who is responsible for the repair and recovery efforts in the aftermath of the storm, said the government has spent in excess of $7m on cleanup efforts, which have taken place in New Providence, Grand Bahama and Andros.
October 24, 2016
Commentary by Elcott Coleby - This Week in The Bahamas (October 17-21, 2016)
Parliament met on Wednesday of this week and as expected, Matthew took center stage with the government moving a resolution for a loan of up to $150m to defray the costs of this country?s recovery and reconstruction efforts as a result of not only Hurricane Matthew, but for last year?s Hurricane Joaquin.
October 20, 2016
Communication by the Prime Minister on the Impact of Hurricane Matthew
I rise to report to The House on the impact of ‟Hurricane Matthew‟, the 13th named storm of the 2016 Atlantic Hurricane Season. Fortunately, the majority of our Family Islands sustained no major damage. This was a relief, particularly for those islands which were impacted last year by Hurricane Joaquin...
Nearly 5K loans, 150M outstanding from ELA
August 10, 2016
Nearly 5K loans, 150M outstanding from ELA
The Education Loan Authority (ELA) has reported that there are nearly 5,000 outstanding loans, valued at an estimated $150 million, which includes the principals borrowed and interest accumulations from 2000 to 2015.
And after seven years, funds from the government's educational loan program continue to be suspended as a result of a high delinquency rate that stood at 75 percent in 2009.
Speaking ...
BOB 'must be recapitalized' PM says
May 26, 2016
BOB 'must be recapitalized' PM says
Prime Minister Perry Christie announced yesterday that Bank of The Bahamas (BOB) will become a bank for the public service, and that the much-needed recapitalization of the bank would come through allowing shareholders to buy additional shares, most likely at a discount, and could lead to wider trading of BOB shares on the open market.
Search Options
Filter:
Sponsored Ads
