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The Bahamas operations of CIBC FirstCaribbean International Bank have captured the prestigious 2016 Bank of the Year Country Award in The Banker Magazine's 17th Annual Bracken Awards Programme. This is the bank's fifth time winning the title for The Bahamas, having won in 2008, 2009, 2012, 2013 and now 2016.
Managing Director Marie Rodland-Allen received the award on behalf of the bank at a gala b...
An Aquinas College student has won first place in the high school category of the 33rd Central Bank Art Competition and Exhibition.
Sonae Smith's winning piece, "Fallen, Yet We Rise" impressed the judges with its vibrant colors, thought-provoking social context and mesmerizing undertones. The winning piece competed against an impressive number of entries by young artists enrolled in secondary scho...
In an effort to promote information protection and support local charities, Sunryse Information Management partnered with RBC Royal Bank as the key corporate sponsor for the ninth annual "Shred Day". The event, which was held at the Western Esplanade, Arawak Cay was hosted to promote awareness on the importance of the safe disposal of sensitive documents and garnering support for two local chariti...
Standard & Poor's (S&P), the world's largest credit ratings agency, yesterday downgraded The Bahamas' sovereign credit rating to sub investment-grade level, widely considered "junk status", in a grim economic report on the country's fiscal health and future.
The international ratings giant dropped the credit rating by one notch to "BB+/B" from "BBB-/A-3", along with a threat to lower the rating ov...
Governor of The Central Bank of The Bahamas John Rolle told Guardian Business that the bank is actively monitoring and assessing an "evolving" situation concerning the possible deterioration of relationships between correspondent banks abroad and banks in this jurisdiction, after the International Monetary Fund (IMF) made reference to some concerns over any major disruption to the relationships.
The government has earmarked $500,000 in assistance to small farmers across this nation's archipelago. The funding, which will be disbursed through a micro-loan initiative between the Bahamas Development Bank (BDB) and the Bahamas Agriculture and Marine Science Institute (BAMSI), is expected to go toward farm upgrades and agricultural improvements, Assistant Manager of Credit for Bank of The Baham...
Friday 3rd April 2009 6:30 PM
The Central Bank of the Bahamas presents works of art by Dede Brown & Dylan Rapillard.
Exhibition runs April 3rd - May 1st
Bank hours 9am - 4pm Mon - Fri
Event: Opening Reception
Start Time: April 3rd at 6:30pm
End Time: April 3rd at 9:30pm
Where: The Central Bank of the Bahamas
His Excellency, the Governor-General, has, on the advice of the Judicial and Legal Service Commission, appointed Mrs Claire Hepburn as a Justice of the Supreme Court and has conferred on the Honourable Mr Justice Lyons the title of “Senior Justice”.
At the recent Royal Bank Olympic Swim Trials Freeport Aquatic Swim Club (FASC) had eight entry-level stroke and turn judges that past the International Swimming Federation officiating course during the month of May worked their first major event at The Bahamas trials
Financial stocks led the market volume today and investors traded in three stocks of which one advanced and two remained unchanged. A total of 15,652 shares changed hands. Commonwealth Bank Ltd. (CBL) was the volume leader with 7,652 shares and closed unchanged at $7.00. FirstCaribbean Bank (CIB) rose by $0.05 to $11.60 on a volume of 5,000 shares. Cable Bahamas Ltd. (CAB) traded 3,000 shares and ...
With a swell of entries this year that threatens to overflow out of the Central Bank's main gallery, the Art Competition and Exhibition's 25th year is reminiscent of its earliest. When the Central Bank held its first Art Competition and Exhibition in 1984, it created a stir that attracted a slew of works from young and talented hopefuls.
Deputy Prime Minister and Minister of Foreign Affairs the Hon. Brent Symonette met with Oxford Business Group representatives for ‘The Report: Bahamas 2009’ to give an insight into the Bahamian economy in the face of a global recession.
McKinney, Bancroft and Hughes, the leading international Bahamian law firm, has signed an agreement with Oxford Business Group (OBG), the highly acclaimed global publishing, research and consultancy firm, to act, as official legal research partner for The Report: The Bahamas 2009.
The art works of well known and emerging artists of Grand Bahama’s artistic community will be officially unveiled Friday February 13th at the Glory Banks Art Gallery at the Rand Nature Centre by Senator Katherine Smith.
Giora Israel, Senior Vice President of Ports & Destination Development for Carnival Corporation & PLC, the world’s largest cruise line, is slated to address the 11th Annual Grand Bahama Business Outlook in Freeport, Grand Bahama on February 23 at the Westin Sheraton Our Lucaya.
Greetings by Rt. Hon. Hubert A. Ingraham Prime Minister at Dinner in Honour of H.E. Hui Liangyn Vice Premier, State Council People’s Republic of China 17 February 2009.
Remarks by Ian B. A. Rolle, President, The Grand Bahama Port Authority Ltd at Grand Bahama Business Outlook Monday, 23rd February 2009
50th Annual IDB/IIC Meeting Statement, On Behalf of the Caribbean Constituency: Barbados, Bahamas, Guyana, Jamaica and Trinidad and Tobago
Rt. Hon. Hubert Ingraham, Prime Minister of the Commonwealth of The Bahamas
Monday, March 30, 2009
Abaco Markets Chairman and Vice-Chairman set to retire - nominating a new generation of leaders to move company ahead
NASSAU, Bahamas -- Abaco Markets Limited Chairman R. Craig Symonette and Vice-Chairman Frank Crothers are set to retire from their respective positions after 20 years – recently indicating that they will not offer themselves for those positions at the Company’s next Annual General Meeting.
Freeport, Grand Bahama Island - The Chairman and President of The Grand Bahama Port Authority, Limited are pleased to announce the appointment of Mr. Derek O. Newbold as Business Development Manager for the GBPA Group of Companies effective Monday, 4th May 2009.
House contribution on the Communications Bill 2009 by Rt. Hon. Hubert A. Ingraham, Prime Minister, House of Assembly, May 4, 2009
NASSAU, Bahamas -- Khaalis Rolle, Chief Marketing Officer at Bahamas Ferries, was elected president of The Bahamas Chamber of Commerce during its recent 2009 Annual General Meeting (AGM) held at the British Colonial Hilton.
NASSAU, Bahamas -- With weeks to go until thousands of school children fill school yards, hallways and classrooms, Commonwealth Bank repeated its role as education’s guardian angel, presenting the Ministry of Education with 10,000 backpacks.
It was a moderate day of trading in the local market with 7,318 shares trading in the local market today.
Bahamas Property Fund Limited (BPF) traded 1,000 shares, increasing by +$0.85 to close at $10.75.
Bank of Bahamas (BOB) traded 1,600 shares, falling by -$0.07 to close at a new 52-week low of $6.18.
Finco (FIN) traded 1,200 shares, advancing by +$0.50 to close at $9.30.
The week began with 102,107 shares trading in the local market today.
AML Foods Limited (AML) traded 22,760 shares falling by -$0.01 to close at a new 52-week low of $1.14.
Bank of Bahamas (BOB) traded 42,200 shares declining by -$0.28 to close at a new 52-week low of $5.90.
Prime Minister the Rt. Hon. Hubert Ingraham met with several high level executives from Credit Suisse at the Office of the Prime Minister in Cable Beach where they discussed opportunities for the Bank and the Government to partner together as well as issues surrounding the economy.