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Davis Jr shines in Grand Bahama battle

THIS past holiday weekend, all eyes in the Bahamian golfing community were focused on the island of Grand Bahama where the Bahamas Golf Federation held its 2014 National Amateur Championship.

VIEW FROM AFAR: We must make use of net metering

SINCE neither all my readers nor I are engineers, I will write in layman’s terms about the practice of net metering being adopted in enlightened countries.

CIBC enjoys ‘best result’ for 11 years

CIBC FirstCaribbean’s Bahamian unit enjoyed its “best performance for 11 years” after 2018 profits rose nearly 11 percent due to improved loan book performance and rising US rates.

56 Bahamian millionaires target election wins

SOME of the Bahamas' wealthiest individuals, including 56 millionaires, are battling to become MPs in the General Election.

Butterfield Bahamas returns to the black

By NEIL HARTNELL Tribune Business Editor Butterfield Bank (Bahamas) narrowly scraped into the black with a $2,000 net profit for its 2011 financial year, reversing the $3.962 million worth of red ink it incurred in the 12 months to December 31, 2010. Det

Butterfield Bahamas returns to the black

By NEIL HARTNELL Tribune Business Editor Butterfield Bank (Bahamas) narrowly scraped into the black with a $2,000 net profit for its 2011 financial year, reversing the $3.962 million worth of red ink it incurred in the 12 months to December 31, 2010. Det

Butterfield Bahamas returns to the black

By NEIL HARTNELL Tribune Business Editor Butterfield Bank (Bahamas) narrowly scraped into the black with a $2,000 net profit for its 2011 financial year, reversing the $3.962 million worth of red ink it incurred in the 12 months to December 31, 2010. Det

After day 2, Weech 36th overall at Optimist Championships

JOSHUA Weech set a personal goal of being a top 30 finisher at the 2019 Optimist North American Championships and the Bahamas’ team captain made a major advancement toward that goal on day two.

J S Johnson in 170% claims rise through Dorian

J S Johnson yesterday revealed that a 170 percent spike in net claims incurred due to Hurricane Dorian has slashed its net income for the first nine months of 2019 by 26 percent. The BISX-listed broker and agent, also unveiling its third quarter fin

J S Johnson net profit off 25% on big losses

J S Johnson yesterday said it had managed to maintain 2011 dividend levels in line with the previous year, despite suffering a 25.1 per cent net income drop as a result of net claims incurred by its Insurance Company of the Bahamas (ICB) underwriting affiliate more than doubling.

Colina in $2.3m loss as COVID-19 bites

A BISX-listed life and health insurer yesterday disclosed that ordinary shareholders suffered a $2.3m net loss for the 2020 first quarter as COVID-19’s economic impact started to bite. Colina Holdings Bahamas, the parent company for Colina Insurance

Gov’t drove 59% of $523m reserve rise

The Government accounted for 59 percent of the 2022 first quarter’s $523m rise in The Bahamas’ foreign currency reserves, the Central Bank’s governor has revealed, although the banking sector subsequently took on the greater share.

BOB takes $6.3m hit over Gov't downgrade

Bank of The Bahamas' was forced by the Moody's 'junk' downgrade of the Government's sovereign creditworthiness to take a $6.3m provisioning hit, its managing director said yesterday.

$1.23M PREFERENCE PAYOUT CAUSES BOB INVESTORS Q1 LOSS

By NEIL HARTNELL Tribune Business Editors Bank of the Bahamas International's ordinary shareholders suffered a minor $141,676 loss during the institution's fiscal 2012 first quarter, as timing issues related to $1.231 million in preference share dividend

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