Search results for : bahamas bank

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News Article
September 07, 2011
RBC Royal Bank Presents Significant Donation to Support Bahamas Red Cross Hurricane Irene Relief Efforts

A highly regarded and loyal corporate donor to The Bahamas Red Cross, RBC Royal Bank has once again demonstrated its extraordinary leadership by committing significant assistance to the Red Cross relief efforts with Hurricane Irene.

The bank today announced a significant cash donation along with a commitment to provide volunteers to assist the Red Cross with the packing of hundreds of boxes of...

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News Article
August 03, 2011
Strategic Framework And Business Plan Needed For Financial Services

Securing the economic benefits of an "international finance center", like being a tourism destination, is a pursuit by large and small countries around the world.

It is a tough fight as international finance is highly mobile: while there are key attributes to being a finance center (stable political and fiscal environment) there are no immovable assets (the presence of the Bahama Bank and third...

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News Article
July 27, 2011
Pinder, Sweeting Seeking Protection Of 71m Fisheries Industry

Two fisheries advocates are charging that substantial changes need to be implemented to protect The Bahamas' fisheries industry ahead of the August 1st opening of the crawfish season.

Ryan Pinder, Progressive Liberal Party (PLP) Member of Parliament for Elizabeth, along with Clay Sweeting, PLP candidate for North Eleuthera, released a joint press statement yesterday, calling for stiffer penalti...

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News Article
July 26, 2011
Commonwealth Bank Supports Special Olympics Team Bahamas' Champions in World Summer Games

Freeport, Bahamas - Commonwealth Bank, the leading Bahamian financial institution in the country, gave a helping hand to our team of extraordinary Bahamians champions who brought home 24 medals from the 13th Special Olympics World Summer Games in Athens, Greece this summer.???

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News Article
July 25, 2011
Food 99/1: Lobster season opener

It's that time again!? I can't stress enough how much I wait for this time of year.? I'm all ready with my new mask for the start of lobster season here in the Bahamas.? Starting August 1st, lobster season in the Bahamas runs through to March 31st and will have every local and many foreign divers out next week for its opening. ?

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News Article
July 14, 2011
Two groups of Foreign fishermen apprehended in Bahamian waters

TWO groups of foreign fishermen were apprehended in connection with fisheries violations in Bahamian waters by members of the Royal Bahamas Defence Force on Wednesday morning.

While on routine air patrol, the Defence Force aircraft C6-BDF, under the command of Sub-Lieutenant Grere Martin, sighted two foreign fishing vessels which the officers suspected were illegally fishing in the Great Bahama B...

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News Article
June 20, 2011
Warning for parts of Grand Bahama discontinued

12:30pm ? The severe weather warning for western Grand Bahama has now been discontinued.

10:55am ? A severe thunderstorm warning is in effect for western Grand Bahama and adjacent waters.
The Bahamas Department of Meteorology has issued a severe thunderstorm extending until 12:55pm after radar and satellite data indicated a line of thunderstorms extending southward from western Grand Bahama to...

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News Article
June 20, 2011
Severe thunderstorm warning for parts of Grand Bahama

10:55am ? A severe thunderstorm warning is in effect for western Grand Bahama and adjacent waters.
The Bahamas Department of Meteorology has issued a severe thunderstorm extending until 12:55pm after radar and satellite data indicated a line of thunderstorms extending southward from western Grand Bahama to the Great Bahama Bank.
Some of the thunderstorms will be severe at times, causing strong, ...

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News Article
June 06, 2011
Central Bank of the Bahamas Monthly Economic and Financial Developments, April 2011

Nassau, Bahamas - June 6, 2011 - Supported by the ongoing recovery in the global economy, domestic economic conditions maintained a stable to improving trend over the review month. Indications are that positive developments in the key group business contributed to steady gains in tourism output, while a
number of foreign investment-related and public sector projects
underpinned activity in th...

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News Article
April 20, 2011
Bank of The Bahamas, Diane Phillips Associates Share In International Award

Nassau, Bahamas -

The creative work performed on a private
banking brochure for Bank of The Bahamas recently received international
accolades from the American and Caribbean Advertising Federations. The agencies
behind the design - Diane Phillips & Associates in conjunction with marketing
company Electric Villages - took home a 2011 Silver ADDY Award at this year's
advertising competition.

"I th...

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News Article
March 29, 2011
Bank of The Bahamas Hosts Reception for International Bankers

Nassau, Bahamas - Bankers and financial services educators from every
corner of the globe were recently treated to a taste of paradise during a
reception wrapping up the 19th World Conference of Banking
Institutes. Hosted by Bank of The Bahamas (BOB), the festive evening that
captured local culture took place at the Balmoral Club and featured native
dishes, dancing and dress.

"If there is one thi...

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News Article
March 28, 2011
Bank of The Bahamas Hosts Reception for International Bankers

Bankers and financial services educators from every corner of the globe were recently treated to a taste of paradise during a reception wrapping up the 19th World Conference of Banking Institutes. Hosted by Bank of The Bahamas (BOB), the festive evening that captured local culture took place at the Balmoral Club and featured native dishes, dancing and dress.

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News Article
March 22, 2011
Bank of The Bahamas posts largest gains on CARICOM exchanges

For the week ended March 18, 2011, 16,211,252 shares crossed the floors of the six stock exchanges across CARICOM, with 24 stocks advancing, 16 declining and 71 remaining unchanged.

Capital and Credit Financial Group was the volume leader with 2,263,816 shares being traded, Bank of The Bahamas posted the largest gain of 11.7 percent for the week, while on the losing end, Salada Foods fell 24.6 pe...

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News Article
February 23, 2011
Bank of The Bahamas Reports Strong Performance, Names New Directors at AGM

Despite widespread economic challenges that resulted in slower than anticipated national growth, Bank of The Bahamas shareholders learned Friday night that the financial institution with neighbourhood branches throughout the country turned in a strong performance that included ending the year with record total assets.

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News Article
February 23, 2011
Bank of The Bahamas Reports Strong Performance, Names New Directors at AGM

Nassau, Bahamas- Despite widespread economic challenges that resulted in slower than
anticipated national growth, Bank of The Bahamas shareholders learned
Friday night that the financial institution with neighbourhood branches
throughout the country turned in a strong performance that included
ending the year with record total assets.

"We are very pleased to report that the bank's growth over...

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News Article
February 01, 2011
Royal Bank set to 'roll out Bahamas model' in region

By NEIL HARTNELL

Tribune Business Editor

The Bahamas operations are "the model we want to roll out across the Caribbean", Royal Bank of Canada's group head for international banking told Tribune Business yesterday, adding that the bank would be "very active over the next few years" as it seeks both organic growth and expansion opportunities.

James Westlake, who was visiting the Bahamas yesterda...

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News Article
January 13, 2011
Bank of The Bahamas, a proud sponsor of the 8th Tour of The Bahamas Cycling Event

Nassau, Bahamas - As part of its commitment to support healthy
lifestyles and events that make a difference, Bank of The Bahamas (BOB) announced
today it has rolled out a new sponsorship -- the Cycling Tour of The Bahamas set
for January 28-29.

"Tour of The Bahamas is an exciting
event, attracting many of the best cyclists from around the world, providing
excellent exposure for The Bahamas and of...

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News Article
November 30, 2010
Bank of The Bahamas Lends a Hand to GB Children's Home

Freeport, Grand Bahama

-

Thanks
to the generous staff and management at the Bank of the Bahamas the
Grand Bahama Children's Home received a new washing machine for the
holidays. "Its come at the right time," said Jean Hivert, GBCH Executive
Committee, "as you can imagine we have lots of laundry in a busy home.
This is a perfect donation for us and we thank the Bank of The Bahamas
for suppo...

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News Article
December 01, 2010
Bank of The Bahamas Sponsors All Six ?Category A? Junkanoo Groups

It was a Thanksgiving to remember and a far cry from the shacks packed with glued and glittered costumes for this year's Boxing Day Junkanoo parade, but the good cheer and camaraderie were just as vibrant when leaders of all the major Junkanoo groups gathered in the board room of Bank of The Bahamas Thursday to learn that the 'bank of solutions' would sponsor each with a total donation of $6,000.

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News Article
November 29, 2010
Bank of The Bahamas Sponsors All Six 'Category A' Junkanoo Groups

Nassau, Bahamas - It
was a Thanksgiving to remember and a far cry from the shacks packed with
glued and glittered costumes for this year's Boxing Day Junkanoo
parade, but the good cheer and camaraderie were just as vibrant when
leaders of all the major Junkanoo groups gathered in the board room of
Bank of The Bahamas Thursday to learn that the 'bank of solutions' would
sponsor each with a to...

read more »


News Article
November 26, 2010
Bank of The Bahamas Donates Five Sewing Machines to Sewing Club

Nassau, Bahamas - It's a regular
weekday afternoon when the rose pink house with white trim on Sapodilla
Boulevard in Pinewood begins to fill. Inside the living room-turned-studio and
another room that's been added to handle the demand, girls still in their
primary and secondary school uniform are gathering for a class of a different
kind - they're learning how to sew and some of them have already...

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News Article
October 14, 2010
Bahamian students attended first showing of Disney's 'Oceans' ?

Nassau, The Bahamas - Young Bahamian students got a visual experience of how the ocean functions as a natural resource.

 

On October 13, the Ministry of the Environment and the American Embassy
sponsored a special showing of Disney's "Oceans" at the Galleria
Cinemas in the Marathon Mall on Marathon Road for various primary
school students in New Providence...  

"The Bahamas is very
im...

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News Article
September 01, 2010
CENTRAL BANK:Bahamas needs Bah Mar

ByScott Armstrong
Guardian Business Editor
scott@nasguard.com
twitter.com/guardianbiz
The$2.6 billion Baha Mar mega-resort and Atlantis'$100 million investment could be the saviour of The Bahamas economy next year as a Central Bank report casts doubts on the prospects for 2011.
In its latest monthly report for July, just published, The Central Bank of The Bahamas reveals that while tourism's perfo...

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News Article
August 30, 2010
Bank of the Bahamas gets firsthand tour of airport facility

Nassau, Bahamas - With construction
running ahead of schedule and the 247,000-square foot terminal at Lynden
Pindling International Airport due to open by March, Bank of The Bahamas
executives and managers toured the new facility recently, taking an up close
and personal look at what is expected to be one of the largest boosts to the
local economy in years.

"It
is a revelation to see the immense ...

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News Article
August 30, 2010
Bank Of The Bahamas Gets Firsthand Tour Of Airport Terminal

With construction running ahead of schedule and the 247,000-square foot terminal at Lynden Pindling International Airport due to open by March, Bank of The Bahamas executives and managers toured the new facility recently, taking an up close and personal look at what is expected to be one of the largest boosts to the local economy in years.

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News Article
August 06, 2010
Measures are in place to protect crawfish industry

By CHESTER ROBARDS
Business Reporter
crobards@tribunemedia.net

The National Security chief said yesterday that measures have been put in place to protect his country's multi-million dollar crawfish industry from poachers who can remove up to $22million worth of the product per annum from Bahamian waters.
Tommy Turnquest said a defence force ship as well as a smaller, faster craft, have been assig...

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Event
Bahamas Chamber of Commerce & Central Bank

Wednesday 6th January 2010  10:00 AM

The Central Bank of The Bahamas wishes to meet with those who may have concerns about the proposed legislation that outlines the legal framework of the Bank's oversight of payment systems in The Bahamas, the operation of those systems and the regulation of payment instruments.

Meeting scheduled for 10am in the Training Room of Central Bank.

For more information, contact 242-322-2145
Email...


News Article
April 13, 2010
Turnquest discourages fishermen from confronting poachers

Minister of National Security Tommy Turnquest is discouraging Bahamian fishermen from taking the law into their own hands in response to the activities of poachers.

More than a week ago a group of Long Island fishermen confronted Dominican poachers who had allegedly raided their crawfish traps. During that confrontation the fishermen, who are calling for government to address the issue of poach...

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News Article
April 01, 2010
Bank Of The Bahamas Donates 5 Sewing Machines to Sewing Club

It?s a regular weekday afternoon when the rose pink house with white trim on Sapodilla Boulevard in Pinewood begins to fill. Inside the living room-turned-studio and another room that?s been added to handle the demand, girls still in their primary and secondary school uniform are gathering for a class of a different kind ? they?re learning how to sew and some of them have already made the uniforms...

read more »


News Article
April 02, 2010
Bank of Bahamas Lauds Baha Mar Investment:

Bank of The Bahamas Managing Director Paul McWeeney today lauded the directors and principals of Baha Mar, welcoming news that a $2.6 billion financing agreement had been signed this week paving the way for resort re-development on Cable Beach.

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