1 Vote
1 Vote
DDK 7 years, 3 months ago on Over 25% of BOB's loans still delinquent
Over 25% of BOB's loans still delinquent
A HELL of a lot of tiefin gone on and still going on, so very blatantly. These Bahama politicians have learned a lot from the U.S. and U.K. bailouts and opening new companies to 'hide' the debt of the parent company. Too bad they can't put their smarts to use for the good of all.
John 7 years, 3 months ago on Over 25% of BOB's loans still delinquent
Over 25% of BOB's loans still delinquent
The auditors says that BoB cannot continue as an ongoing concern, but the BoB board feels otherwise. And obviously they (the board) have put a lot of hard work in the bank. Despite the numerous 'prop ups' from government, Bob seems to want to stand on its own. It is showing signs of life and even turning a little profit. And remember it was a very profitable bank until those greedy, crooked, heartless, selfish politicians found a way to get their slime dripping claws into the cookie jar. The biggest thing BoB needs now is consumer confidence, and investor confidence that the bank will not fail. And then there are some who are trying to force the government to give the bank away at a fire sale.