Search results for : Loans Personal
July 24, 2023
Debit card transactions up nearly 17 percent in 2022, according to Central Bank
NASSAU, BAHAMAS — The use of electronic payment instruments increased in 2022 according to the Central Bank, most notably with the value of debit card transactions increasing by nearly 17 percent to $2.3 billion. The Central Bank in its Financial Stability Report for 2022 noted that in terms of other electronic-based payment instruments, the value [...]
May 05, 2023
Loan approvals rise as bank lending conditions improve in 2022 second half
NASSAU, BAHAMAS — The Central Bank's most recent survey of commercial banks revealed that bank lending conditions and demand for credit improved during the latter half of 2022, with the number of loan applications approved rising nearly 20 percent year-on-year. The results of the regulator's Bank Lending Conditions Survey (BLCS) survey on which sought information [...]
Scotiabank Makes Further Changes in Operations to Assist Containment of the COVID-19 Virus
April 01, 2020
Scotiabank Makes Further Changes in Operations to Assist Containment of the COVID-19 Virus
Scotiabank has made changes to its branch operations in an effort to protect customers and staff against the threat of the COVID 19 virus. The Bank will close some of its branches for the next 2 weeks as part of its business continuity planning...
'Powerful forcesworking againstproductive sector'
June 01, 2011
'Powerful forcesworking againstproductive sector'
A leading businessman yesterday warned there were "powerful forces working against the productive sectors" of the Bahamian economy, pointing to the increasing tendency of commercial banks to focus on higher-yielding personal loans and satisfy consumer consumption desires.
Franklyn Wilson, chairman of housebuilder Arawak Homes and the Sunshine Group of Companies, told Tribune Business that a nat...
BOB signs exclusive agreement with CENPOS
February 02, 2015
BOB signs exclusive agreement with CENPOS
BOB signs exclusive agreement with CenPOS to provide CenPOS processing technology in the Commonwealth of the Bahamas CenPOS announced today that it has signed a mutually exclusive processing agreement and acquiring services with Bank of The Bahamas...
Coroner accused of 'unprofessional conduct'
January 20, 2011
Coroner accused of 'unprofessional conduct'
CORONER Linda Virgill is being accused of "unprofessional conduct" over claims that she borrowed money from a local attorney.
Bar Association President Ruth Bowe-Darville made the allegation yesterday after reports surfaced in a local daily that the newly appointed Coroner was being sued for $2,000 by attorney Cecil Hilton. Reports state that the sum constituted an unpaid loan. Mrs Bowe-Darville ...
Largest Single Allocation of Investment Funds for Bahamian Entrepreneurs by Government, Announced
February 06, 2019
Largest Single Allocation of Investment Funds for Bahamian Entrepreneurs by Government, Announced
Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest said by bringing in additional funding from Access Accelerator Small Business Development Centre’s (SMDC)...
BOB: Accumulated deficit of 70.6M
January 03, 2016
BOB: Accumulated deficit of 70.6M
Following a second straight year of net loss, Bank of The Bahamas posted an accumulated deficit of $70.6 million as of June 31, 2015.
A blind eye
May 03, 2017
A blind eye
If public confidence in the
integrity of the political
directorate of The Bahamas is to become a hallmark of our
political culture, it is of the first importance that the prime minister and other ministers of
government observe -- and be seen to observe -- the highest standards of probity in
public life.
-- PERRY CHRISTIE, 2002
As prime minister of The Bahamas, Perry Gladstone Christie has proven...
Galanis to 'overturn' judgment
October 12, 2010
Galanis to 'overturn' judgment
By NEIL HARTNELL
Tribune Business Editor
A former PLP MP and Senator yesterday told Tribune Business he and his attorneys would "absolutely seek to overturn" a default judgment entered against him in the US courts, a move related to the ongoing battle for ownership/control of a luxury condominium project located on West Bay Street near Caves Village.
Judge Daniel Hurley, sitting in the US Distr...
Search Options
Filter:
Sponsored Ads
