CIBC FirstCaribbean Wins Bahamas Bank of the Year

December 12, 2016By @BahamasFSBIndustry News, Members in the News

The Bahamas’ operations of [CIBC FirstCaribbean International Bank]( 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

BISX’s Ongoing Investor Education Programme

November 2, 2016By @BahamasFSBBISX, Education & Training, Members in the News, Securities Industry

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

A.M. Best Affirms Credit Ratings of Bahamas Insurers

October 25, 2016By @BahamasFSBBusiness, Industry News, Insurance, Members in the News

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]( * [Family Guardian Insurance Company Ltd,/FamGuard Corporation … Read More

Sterling Global Renames Flagship Fund

October 24, 2016By @BahamasFSBAsset Management, Industry News, Members in the News

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

Commonwealth Bank Opens New Training Centre

August 26, 2016By @BahamasFSBEducation & Training, Industry News, Members in the News

[Commonwealth Bank]( 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

April 4, 2016By @BahamasFSBAsset Management, BISX, Members in the News, Securities Industry

The [Bahamas International Securities Exchange]( (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

Scotiabank Bahamas – Best Emerging Markets Bank

March 15, 2016By @BahamasFSBIndustry News, International Issues, Members in the News

[Global Finance]( magazine today [named]( 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