Search results for : loans
20m loan to help young unemployed find work
July 27, 2018
20m loan to help young unemployed find work
IN a bid to reduce unemployment among people between the ages of 16 and 40, the government signed a $20m loan with the Inter-American Development Bank yesterday...
July 27, 2018
IDB Loan Signing Ceremony: Skills for Current & Future Jobs in The Bahamas Project
The Bahamas Government formally entered into a Loan Agreement with the Inter-American Development Bank (IDB) in the amount of $20,000,000 for the execution of a vitally important initiative: ?Skills for Current and Future Jobs in The Bahamas?.
Bahamas Government enters into a $20,000 Loan Agreement with the IDB to Fund Skills for Current and Future Jobs
July 31, 2018
Bahamas Government enters into a $20,000 Loan Agreement with the IDB to Fund Skills for Current and Future Jobs
The Bahamas Government entered into a $20,000,000 Loan Agreement with the Inter-American Development Bank (IDB) to fund the ?Skills for Current and Future Jobs in The Bahamas? initiative...
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.
Bahamas Development Bank Offers Deferral of Loan Payments for Borrowers Impacted by COVID-19
March 26, 2020
Bahamas Development Bank Offers Deferral of Loan Payments for Borrowers Impacted by COVID-19
The Bahamas Development Bank (BDB) is working with the government and other agencies to deliver immediate relief to businesses impacted by the COVID-19 pandemic...
Loan arrears growth 'outstrips' credit rise
June 01, 2011
Loan arrears growth 'outstrips' credit rise
A leading banker yesterday described as "startling" the fact that the 3 per cent increase in loan delinquencies during April 2011 outstripped the 0.4 per cent growth rate for net lending excluding the Government, and warned: "There's no quick fix."
Emphasising that he was not speaking in relation to Bank of the Bahamas International's own situation, but commenting solely on the overall industry...
May 10, 2022
Simplified Lending signs $10MM deal with RF to expand loan portfolio
With more businesses turning to alternative sources of funding, Simplified Lending, one of the fastest-growing financial services companies in The Bahamas, announced today it has boosted its ability to provide funding to Bahamians by signing a $10 million deal with RF Merchant Bank and Trust.
Nearly 2 billion in loans deferred
June 30, 2020
Nearly 2 billion in loans deferred
Just under $2 billion in loans held by Bahamian credit holders have been deferred as a part of the loan payment deferral schemes implemented by various commercial banks...
June 30, 2020
Government approves conversion of Bahamas Development Bank bonds to loan with NIB
The government yesterday tabled a resolution for the conversion of $37 million in Bahamas Development Bank (BDB) bonds to a loan with the National Insurance Board (NIB)...
Turnquest criticises 'misleading' reports on loans
October 14, 2020
Turnquest criticises 'misleading' reports on loans
FINANCE Minister Peter Turnquest yesterday criticised reports accusing the government of acquiring loans from banks caught up in controversy, insisting such claims are "very incorrect" and "misleading"...
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