Search results for : Loan
'Checks in place' to ensure $150m loan used properly
October 21, 2016
'Checks in place' to ensure $150m loan used properly
PRIME Minister Perry Christie yesterday insisted that the government had checks and balances in place to handle the $150m hurricane relief money it intends to borrow, as he responded to critics who have expressed doubt that the Christie administration is capable of fiscal responsibility of the funds.
Allen: Urban Renewal loans better late than never
November 23, 2016
Allen: Urban Renewal loans better late than never
THE impact of the government's "11th hour" bid to institutionalise the Urban Renewal 2.0 programme will not be fully realised until next term, according to Urban Renewal Commission Co-Chair Algernon Allen.
November 22, 2016
Urban Renewal to be allowed to give out home repair loans
THE Urban Renewal 2.0 programme is set to become an independent authority with the ability to grant loans for small home repairs and social projects, according to legislation tabled in Parliament yesterday.
Loan arrears up in September
November 07, 2016
Loan arrears up in September
Loan arrears were up for the month of September while private sector lending contracted for the first nine months of 2016, according to The Central Bank of The Bahamas' (CBOB) Monthly Economic Financial Developments (MEFD) September 2016 report.
$25M IDB loan for jobs, skills program
November 04, 2016
$25M IDB loan for jobs, skills program
The government has agreed to borrow $25 million from the Inter-American Development Bank (IDB) to help fund a new jobs initiative to increase workplace skills and improve employability among young people and adults who have had difficulty finding work.
Resolve loans were only worth $22.5M
October 28, 2016
Resolve loans were only worth $22.5M
James Smith, chairman of the Board of Directors of government's wholly-owned the special purpose vehicle (SPV) Bahamas Resolve Ltd. (Resolve), has confirmed that the 13 loans transferred from Bank of The Bahamas (BOB) to create the SPV -- supposedly worth $100 million -- were only worth about $22.5 million.
$150m loan for storm repairs
October 20, 2016
$150m loan for storm repairs
THE Christie administration yesterday moved 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 03, 2016
IDB: Unemployment, bad loans continue to drag economy
The Inter-American Development Bank (IDB) has warned that double-digit unemployment and the elevated share of non-performing loans (NPLs) continue to constrain private credit borrowing in The Bahamas.
September 07, 2016
Central Bank reports increased non-performing loans, delinquencies
Non-performing loans rose by $8.3 million in July 2016 and short-term delinquencies also increased by $4.9 million, according to The Central Bank of The Bahamas (CBOB) Monthly Financial and Economic Developments (MEFD) July 2016 report.
Commonwealth Bank reports 11.8% profits increase, credits loan portfolio quality, net interest income management
September 05, 2016
Commonwealth Bank reports 11.8% profits increase, credits loan portfolio quality, net interest income management
Commonwealth Bank today reported an 11.8% increase in net profits from $29.2 million for the six months ending June 30, 2015 to $32.7 million for the same time period this year, crediting tight management of its loan portfolio and an improvement in net interest income.
Search Options
Filter:
Sponsored Ads
