The Bahamas’ operations of [CIBC FirstCaribbean International Bank](http://www.cibcfcib.com) has 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 been awarded in 2008, 2009, 2012, 2013 and now 2016. Managing Director Marie Rodland-Allen … Read More
Members in the News
BISX’s Ongoing Investor Education Programme
Students from the Corporate Governance class of The College of The Bahamas’s (COB) LL.B. Programme recently were treated to a special session at the Bahamas International Securities Exchange (BISX) with CEO Keith Davies and COO Holland Grant. The Exchange Executives spoke not only about BISX but generally about domestic securities law, and the listing and … Read More
Yves Lourdin Recognised for FSI Excellence Award
BFSB CEO Tanya McCartney announced today that Mr. Yves Lourdin has been selected for the 2016 Lifetime Achievement Award in Financial Services. The Award will be presented at BFSB’s annual FSI Excellence Awards Gala Dinner on November 18th, 2016 at the Melia Cable Beach Resort. BFSB introduced the prestigious award in 2007 to recognise individuals … Read More
A.M. Best Affirms Credit Ratings of Bahamas Insurers
A.M. Best has affirmed credit – financial strength and long-term issuer credit (ICR) – ratings for Colina Insurance Limited, Family Guardian Insurance Company and Summit Insurance Company Limited. It also affirmed the long-term ICR for Colina Holdings Bahamas Limited and FamGuard Corporation Limited. See: * [Colina Insurance/Colina Holdings](http://www.businesswire.com/news/home/20161025006706/en/A.M.-Affirms-Credit-Ratings-Colina-Insurance-Limited) * [Family Guardian Insurance Company Ltd,/FamGuard Corporation … Read More
Sterling Global Renames Flagship Fund
Sterling Global Financial has renamed its flagship mortgage income fund. The New Providence Income Fund (NPIF) is now the Sterling Mortgage Income Fund (SMIF), reflecting its expanded portfolio, reach of investments, operations and growth. The fund, singularly dedicated to real estate investment and property development financing, earned 13.8 per cent return on investment in 2015 … Read More
Scotiabank Celebrates 60 Year in The Bahamas
Scotiabank is celebrating its 60th anniversary in The Bahamas. District Head and Managing Director Sean N. Albert notes that the bank’s presence in the jurisdiction started in 1956 with its first branch on Bay and Charlotte Street. It has been in the Caribbean for over 125 years and is considered Canada’s most international bank, with … Read More
Commonwealth Bank Opens New Training Centre
[Commonwealth Bank](http://www.combankltd.com) has officially opened the doors to its new $800,000 corporate learning centre. Located adjacent to its Prince Charles branch, the 8,740-square-foot single story building houses highly functional high-tech training facilities, including interactive digital and audio-visual equipment,conference rooms and motivational themes throughout. The new facility – designed by ARCOP Ltd. Architects and built by … Read More
Guarany Partners Lists on BISX
The [Bahamas International Securities Exchange](http://www.bisxbahamas.com) (BISX) has announced that shares of Guarany Partners II Fund Ltd. SAC Class A Investor Shares as well as Guarany Partners II Fund Ltd. SAC Class B Investor Shares have been added to the roster of funds listed on the Exchange. Guarany Partners is an open-ended investment fund. Guarany Partners … Read More
Stock Exchange and Investing Outreach to Students
Last week executives from the Bahamas International Securities Exchange (BISX) visited with the 11th Grade Commerce class of the C.V. Bethel Senior High School. Speaking to the students were BISX Chief Executive Officer, Mr. Keith Davies, Chief Operating Officer, Mr. Holland Grant and Intern, Miss Alika Hepburn. The students were given the opportunity to learn … Read More
Scotiabank Bahamas – Best Emerging Markets Bank
[Global Finance](http://GFMag.com) magazine today [named](https://www.gfmag.com/media/press-releases/global-finance-names-worlds-best-banks-2016) the World’s Best Emerging Markets Banks in Latin America. The exclusive survey will be published in its May 2016 issue. Global Finance editors – with input from industry analysts, corporate executives and banking consultants – selected the best emerging markets bank in the region and in 26 countries. Criteria for … Read More