Search results for : loans

Showing 81 to 90 of 1000 results

News Article
June 09, 2023
Thompson say that Davis administration's budget doesn't account for $110m BPL loan

KWASI Thompson, former State Minister for Finance, said the Davis administration presented an incomplete budget that does not include all estimates as required by law.

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News Article
May 19, 2023
China Loans Push Poor Countries To The Brink

CHINA - A dozen poor countries faces economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans.

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News Article
May 05, 2023
Loan arrears increase in March

After consecutive months of declines, loan arrears increased during the month of March, according to the most recent data from The Central Bank of The Bahamas (CBOB).

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News Article
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 [...]

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News Article
May 02, 2023
Central Bank survey reveals increase of consumer loans approval rate

The approval rate of consumer loans increased to 92 percent during the second half of 2022, the newest data from the Central Bank of The Bahamas' (CBOB) Bank Lending Conditions Survey reveals.

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News Article
April 19, 2023
Govt debt up $100 million on upcoming BPL loan repayments

Government net debt increased $100 million in February to cover upcoming loan repayments for Bahamas Power and Light (BPL), Financial Secretary Simon Wilson said yesterday.

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News Article
April 14, 2023
IDB approves $160 million loan to The Bahamas to improve natural disaster risk governance

NASSAU, BAHAMAS — The Inter-American Development Bank (IDB) has approved a US$160 million loan to The Bahamas for policy reforms to improve its natural disaster risk governance.  According to the IDB, the operation seeks to create better governance conditions for implementing public policies for risk identification and reduction, disaster preparedness, recovery, and financial protection...

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News Article
April 11, 2023
Caribbean Development Bank approves Bahamas $100 million loan

NASSAU, BAHAMAS- The Caribbean Development Bank (CDB) has announced that it has committed US$100 million in support to The Bahamas as the country charts a path to economic recovery and resilience following the back-to-back disasters of Hurricane Dorian and the COVID-19 pandemic. The Bank's Board of Directors approved the policy-based loan (PBL), the first in [...]

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News Article
March 21, 2023
MOU signed between BDB and BAIC to Fund Agricultural Loans

A Memorandum of Understanding (MOU) was signed between the Bahamas Development Bank (BDB) and the Bahamas Agricultural and Industrial Corporation (BAIC) at the bank on Robinson Road and Key West Street on Tuesday, March 21, 2023.

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News Article
January 17, 2023
Deltec Bank explains parent company's $50 mil. loan from FTX

Deltec Bank and Trust Limited released a statement yesterday confirming that its parent company, Deltec International Group (DIG), received a short-term loan from FTX. This was revealed yesterday in a Forbes article, which explained that the loan amount was $50 million. The Deltec statement said DIG has been "attempting to repay the loan in full since ...
The post Deltec Bank explains parent ...

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