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Gowon Bowe

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‘The first step’: Loan requests rebound to pre-COVID volume

Restoring credit applications to pre-COVID volumes is just “the first step” to reversing the $500m pandemic-driven cut in the Bahamian commercial banking industry’s loan book, a senior executive said yesterday.

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Bowe: Basic banking accounts will only help small segment

CLEARING Banks Association chairman Gowon Bowe said that basic banking accounts, which Central Bank governor John Rolle identified as one potential solution to concerns about bank fees, would primarily benefit a small segment of society: unskilled workers, students, and the elderly.

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Bowe: Economic challenges have led to reduced charity

FINANCIAL expert Gowon Bowe said the economy has sharply reduced charitable donations, leaving non-profits struggling at a time when demand for aid is rising.

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