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PM's remarks in House of Assembly on BOB
January 23, 2015
PM's remarks in House of Assembly on BOB
The one thing we should all be united on at all times is the need for a stable banking system. What this means is that we should never do or say anything that undermines public confidence in the stability of our banking system...
The never-ending bridge to the future
December 08, 2014
The never-ending bridge to the future
Surprise, surprise.
Perry Christie is prepared to lead the Progressive Liberal Party (PLP) into the 2017 general election.
In 1997, when he campaigned for the leadership of the PLP, Christie said he was the "bridge to the future".
Before the election of 2012, he told us in an interview at his home on Cable Beach that he would only serve half of the term as prime minister and then pass the baton to...
June 05, 2019
22 Year Old UB Student obtains funding for Electric Rental Car Company
· Two Major Financial Institutions vie for SBDC client to take a business loan from their commercial bank.
· Access Accelerator Small Business Development Centre makes good on the promise to get clients funding.
· Deputy Prime Minister reinforces his commitment to creating more Bahamian millionaires.
· Executive Director Davinia Blair says SBDC clients have been appr...
MORTGAGE DELINQUENCIES SPIKE 31M IN NOVEMBER
December 26, 2011
MORTGAGE DELINQUENCIES SPIKE 31M IN NOVEMBER
By NEIL HARTNELL
Tribune Business Editor
A $30.7 million expansion in mortgage loan delinquencies drove past-due bank loans to almost 20 per cent of the total $6.612 billion worth of credit lent by the Bahamian commercial banking sector at end-November, with the traditional pre-Christmas increase in demand by businesses and consumers "muted".
Unveiling its monthly economic and financial develop...
Five Days from Intro to Funding, Sterling Mortgage Income Fund Provides Bridge Financing for Grand Cayman Project
January 21, 2019
Five Days from Intro to Funding, Sterling Mortgage Income Fund Provides Bridge Financing for Grand Cayman Project
Response speed may be redefining how success is measured in the world of competitive project funding, according to a source who revealed today that a financial powerhouse with local offices in The Bahamas...
January 03, 2019
Access Accelerator preparing to sign agreements with commercial banks
The Access Accelerator is preparing to sign agreements with commercial banks to provide business loans for some of the companies that come through the accelerator's programs, Executive Director of the Access Accelerator Davinia Blair said. The Access Accelerator, also known as the Small Business Development...
CIBC FirstCaribbean's Anguilla Operations to Close
September 13, 2018
CIBC FirstCaribbean's Anguilla Operations to Close
CIBC FirstCaribbean International Bank today announced that it has taken a decision to close its Anguilla office early in the new year...
June 19, 2018
Government enters into contractual agreement with the IDB for investment projects total for investment projects totalling $70 million
The Bahamas Government entered into a contractual arrangement with the Inter-American Development Bank (IDB) for investment projects totalling $70 million...
December 01, 2017
Courtesy Call on Education Minister by Chinese Ambassdor
The Chinese Ambassador to the Commonwealth of The Bahamas, His Excellency Haung Quiguo, paid a courtesy call on the Minister of Education, The Honorable Jeffrey Lloyd at his office on University Blvd...
Nairn: Bahamas Development bank undercapitalized from inception, operationally inefficient
October 13, 2017
Nairn: Bahamas Development bank undercapitalized from inception, operationally inefficient
The Bahamas Development Bank's (BDB) poor performance is partly responsible for the lack of economic growth in this country, especially given commercial banks' hesitation to approve loans for small business, BDB Chairman Lynden Nairn said yesterday, adding that the bank has been mandated to improve [...]
The post Nairn: Bahamas Development bank undercapitalized from inception, operationally ineffi...
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