Search results for : commonwealth bank

Showing 1 to 10 of 81 results

News Article
March 12, 2024
Commonwealth Bank executives celebrate Women's Day with a courtesy call on the Governor General

Her Excellency the Most Hon. Cynthia Pratt, Governor General, welcomed Mrs. Denise Turnquest, President, Commonwealth Bank and team in a courtesy call in observation of International Women’s Day 2024 at the Office of the Governor General, March 5, 2024.

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News Article
November 23, 2016
Commonwealth Bank Donates $50,000 to Cancer Society

Declaring ?there is hardly a family in The Bahamas that has not been touched by cancer,? Commonwealth Bank revealed today it donated $50,000 to the Cancer Society of The Bahamas as part of its ongoing $500,000, 10-year pledge.

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News Article
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.

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News Article
August 31, 2016
Commonwealth Bank Emerging Leaders Award programme provides 50,000 towards endowment fund at COB

For the fifth consecutive year, Commonwealth Bank is offering students at The College of The Bahamas (COB) hope, encouragement and support in the form of scholarships as part of Commonwealth Bank's Emerging Leaders Award Programme.

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News Article
July 27, 2016
Commonwealth Bank donation to R.E.A.C.H. provides training to families in autism community

About 20 Nassau families struggling to support their loved ones with Autism Spectrum Disorder (ASD) will receive extensive free occupational and speech therapy training this summer through R.E.A.C.H., thanks to a donation from Commonwealth Bank.

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News Article
June 15, 2016
Commonwealth Bank Reports 4th Stellar Year, $57.8 Million Net Profit, Dividends, Share Price Benefits 6,000 plus Bahamians

In a packed wall-to-wall annual general meeting with financial reports interrupted by applause and two standing ovations, Commonwealth Bank Chairman William B. Sands, Jr. delivered the good news shareholders have come to expect but never tire of hearing ? for the fourth time, the Bank earned more than $50 million in profits, and in 2015 hit new highs in assets, share price and community donations.

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News Article
March 07, 2016
Commonwealth Bank Board approves extra-ordinary dividend as it releases 2015 year-end report

The Board of Directors of Commonwealth Bank Ltd announced that, at its February 2016 meeting, it approved a final extraordinary dividend of six cents per share based on 2015 results of $58 million in net income.

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News Article
March 03, 2016
Commonwealth Bank reports 'tremendous performance' in 2015

Commonwealth Bank's impaired loans at the end of 2015 represented six percent of its total outstanding loans, versus a local industry average of 15 percent as recorded by The Central Bank of The Bahamas.

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News Article
March 04, 2016
Commonwealth Bank Reports 2015 Unaudited Year End Results

Commonwealth Bank, today, reported unaudited total profit of $58 million for 2015. Total assets climbed to $1.5 billion at December 31, 2015. Earnings were up 9% over 2014 when the Bank reported total profit of $53 million. Total assets were up 4% over 2014.

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News Article
February 29, 2016
Commonwealth Bank to invest $800,000 in new corporate learning centre

Commonwealth Bank recently signed a contract for a new corporate training centre at a cost of $800,000. In doing so, the Bank cited its emphasis on customer service and training as ?the number one reason we are the leading bank in The Bahamas.?

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