May 13, 2013
Anwer Sunderji
Stories this photo appears in:
Gov't Bill could 'hurt' Bahamian home ownership
A bank chief executive has warned that Government legislation “could have a negative impact on Bahamian access to home ownership”, as it completely alters the risk associated with mortgage lending.
Fidelity fears 'deterioration' as taxes triple
Fidelity Bank (Bahamas) yesterday warned that its 2013 second half performance was likely to “deteriorate” due to the impact of its new $1.2 million Business Licence fee, a development that will triple its tax burden.
Fidelity: $10m bond offering 'fully placed'
Fidelity Bank (Bahamas) yesterday confirmed its recent $10 million bond offering was “fully subscribed”, as it moves to diversify funding sources away from complete reliance on deposits.
Fidelity on track for $8m full-year profits
Fidelity Bank (Bahamas) believes its $2 million first quarter net income performance will repeat throughout 2013, with shareholder equity returns having risen another 3.7 percentage points.
Comments
Use the comment form below to begin a discussion about this content.
Sign in to comment
OpenID