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Rolle: Lending conditions more favorable, increase expected in 2024

With residential mortgages still experiencing lackluster approvals, Central Bank Governor John Rolle said it is expected the recent relaxation of mortgage lending requirements will have a positive impact over the

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Private sector credit up $6 million - The Nassau Guardian

Private sector credit increased by $6 million during the month of April, following a double digit falloff during the same period a year ago, The Central Bank of The Bahamas revealed yesterday. While mortgages and commercial credit were up, there was a slight decline in consumer credit, the bank said. “Total Bahamian dollar credit grew

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Visitor arrivals top half a million in October - The Nassau Guardian

Visitor arrivals to The Bahamas topped half a million in the month of October, pushing total arrivals to that point this year to 5.3 million and signaling the start of the busy holiday period for the tourism sector. Data from the Ministry of Tourism indicated that total visitor arrivals doubled for the month compared to

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Central Bank notes decrease in long-term arrears in October

Commercial banks saw an improvement in long-term arrears in the month of October, with a 1.2 percent decrease noted in the Central Bank’s Monthly Economic and Financial Developments (MEFD) report for October. According to the report, the arrears were reduced by $7.4 million. It added that during October, banks wrote off about $14.2 million in bad

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Improved credit quality indicators in first quarter - The Nassau Guardian

Improved credit quality indicators in first quarter - The Nassau Guardian
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