Members in the News

Scotiabank Bahamas launched its $10 million “Scotia Bahamas SME Fund” this past Thursday. The fund offers reduced interest rates and fees on loans to small and medium sized enterprises (SMEs). … Read More

Scotiabank has awarded 5 two-year Associate Degree Scholarships to College of the Bahamas students. The bank’s scholarship programme, based on merit, started in 1994, and has become an integral part … Read More

First Data International has announced another milestone in growing its presence across Latin America and the Caribbean with the recent signing of three new payment processing agreements with **Bank of … Read More

Barry Williams, Vice President of Finance for Cable Bahamas, reports a net income of $11.3 million for year end 2005, attributing last year’s earnings to an increase in subscriber numbers … Read More

Standard & Poor’s Ratings Services announced today that it has affirmed its ‘A-/A-2’ counterparty credit rating on FirstCaribbean International Bank Ltd. (FirstCaribbean) following the announcement last week that Canadian Imperial … Read More

The Bank of The Bahamas has opened its latest branch, bringing to eleven the total number throughout the Islands of The Bahamas. Official opening ceremonies for the new full service … Read More

A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and assigned an issuer credit rating of “a-” to **ColinaImperial Insurance Ltd.**, with both ratings having a stable … Read More

Butterfield Bank has released figures for the full year ended 31 December 2005, revealing net income of $109.4 million, a record for the Group and up 20.9% year on year. … Read More

Bank of the Bahamas International has launched a new line of Visa prepaid credit and gift cards and according to Managing Director Paul McWeeney they are the first of many … Read More