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Bank warns on provisions rise

By NEIL HARTNELL Tribune Business Editor Bank of the Bahamas International has warned investors it may have to increase loan loss provisions further during its financial year's second half, its managing director telling Tribune Business it was "grappling

Bahamas can’t afford ‘another five years’ of secretive governance

The Bahamas cannot afford “another five-year cycle” of unaccountable government spending, a governance reformer warned yesterday, arguing that a Fiscal Responsibility Act should have “preceded” Value-Added Tax (VAT).

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‘The s*** has hit the fan’

The Bahamian economy is paying the price for the Government’s “financial disasters” in attempting to run businesses, a leading executive blasting yesterday: “The s* has hit the fan.”

INSURER 'PURSUES' SCOTIABANK GROUP POLICY CONCERNS

By NEIL HARTNELL Tribune Business Editor Bahamas First yesterday said it would be "quite aggressive in pursuing" complaints that Scotiabank (Bahamas) was directly contacting its mortgage clients and urging them to switch to the bank's group homeowners in

INSURER 'PURSUES' SCOTIABANK GROUP POLICY CONCERNS

By NEIL HARTNELL Tribune Business Editor Bahamas First yesterday said it would be "quite aggressive in pursuing" complaints that Scotiabank (Bahamas) was directly contacting its mortgage clients and urging them to switch to the bank's group homeowners in

SCOTIABANK: GROUP INSURANCE POLICY GROWS EVERY YEAR

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) says its group homeowners insurance programme is growing in size every year due to the "stress" in its $1.498 billion loan portfolio, as it pledged to resolve any concerns the industry regulat

SCOTIABANK: GROUP INSURANCE POLICY GROWS EVERY YEAR

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) says its group homeowners insurance programme is growing in size every year due to the "stress" in its $1.498 billion loan portfolio, as it pledged to resolve any concerns the industry regulat

SCOTIABANK: GROUP INSURANCE POLICY GROWS EVERY YEAR

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) says its group homeowners insurance programme is growing in size every year due to the "stress" in its $1.498 billion loan portfolio, as it pledged to resolve any concerns the industry regulat

SCOTIABANK: GROUP INSURANCE POLICY GROWS EVERY YEAR

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) says its group homeowners insurance programme is growing in size every year due to the "stress" in its $1.498 billion loan portfolio, as it pledged to resolve any concerns the industry regulat

SCOTIABANK: GROUP INSURANCE POLICY GROWS EVERY YEAR

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) says its group homeowners insurance programme is growing in size every year due to the "stress" in its $1.498 billion loan portfolio, as it pledged to resolve any concerns the industry regulat

Creating new leader breed

Creating new leader breed By Ian Ferguson We have been working through our 21st century definition of a leader as being one who builds relationships, nurtures staff abilities and, through that talent, accomplishes goals and objectives. We have stated e

Creating new leader breed

Creating new leader breed By Ian Ferguson We have been working through our 21st century definition of a leader as being one who builds relationships, nurtures staff abilities and, through that talent, accomplishes goals and objectives. We have stated e

Creating new leader breed

Creating new leader breed By Ian Ferguson We have been working through our 21st century definition of a leader as being one who builds relationships, nurtures staff abilities and, through that talent, accomplishes goals and objectives. We have stated e

BUILDING TALENT POOL OF LEADERS

By Ian Ferguson For some time there has been a great debate to determine whether leaders are born or made. Some argue that we have all been touched with some innate ability to lead. Others still purport that leadership is a skill acquired by the delibera

BUILDING TALENT POOL OF LEADERS

By Ian Ferguson For some time there has been a great debate to determine whether leaders are born or made. Some argue that we have all been touched with some innate ability to lead. Others still purport that leadership is a skill acquired by the delibera

BUILDING TALENT POOL OF LEADERS

By Ian Ferguson For some time there has been a great debate to determine whether leaders are born or made. Some argue that we have all been touched with some innate ability to lead. Others still purport that leadership is a skill acquired by the delibera

S&P: Gov’ts fiscal, economic reforms ‘will take time’ to work

* 1.5% average growth forecast lower than IMF’s * Grand Lucayan closure takes out 7% of rooms * Debt to rise through 2020 to 52% of GDP

THE Government’s fiscal and economic reforms will take time to “pay dividends”, Standard & Poor’s (S&P) warned yesterday, as it took a more ‘bearish’ view of the Bahamas’ growth prospects. The rating agency, in its latest Bahamas country assessment, expressed confidence that the Minnis administration’s fiscal reforms will “arrest the deterioration” in the Government’s deficit and the national debt.

CREDIT BUREAU TARGET FOR END 2012/START 2013

By NEIL HARTNELL Tribune Business Editor A Bahamian credit bureau should be established by "the latter part of this year or early 2013", the Central Bank's governor has told Tribune Business, with its activation designed to prevent the almost-20 per cent

IDB TO BAHAMAS: RUN 2.5% PRIMARY SURPLUS

By NEIL HARTNELL Tribune Business Editor The Bahamas was yesterday warned to "pick up the pace" of fiscal reform, the Inter-American Development Bank's (IDB) top Caribbean economist saying this country needed to achieve primary Budget surpluses equivalen

Crossing the generation gap

By Ian Ferguson Much has been said and written on the differences between the four generations present in today's workforce. A number of titles have been given to them, but for the purpose of this discourse, we will refer to them as Traditionalist, Baby