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Page 1 of 1Total of 1 messages
Posted by:Jul 22nd 2005, 07:12:50 pm
Fig Tree News TeamRead the complete summary online, at
http://www.bfsb-bahamas.com/newsletter_template/outlook.lasso

Issue 12
July 2005

In this Issue

Wendy Craigg Named Governor of The Central Bank of The Bahamas

Regulatory Reorganisation Being Examined

Financial Sector Continues to be Strong Driver of Bahamian Economy

Product, Professional Development Key to Continued Success

IMF Notes Strengthening Bahamian Economy, Sound Banking Sector

Welcome to the latest issue of the Bahamas Financial Services Board e-Newsletter, providing targeted updates on industry developments.

Wendy Craigg Named Governor of The Central Bank of The Bahamas

Wendy M. Craigg has been appointed the Governor of The Central Bank of The Bahamas; this appointment was effective June 1, 2005. As Governor, she also assumes the role of Chairman of the Board of Directors of the Central Bank.Mrs. Craigg has served as Deputy Governor of the Bank and a member of the ...

[read more]

Regulatory Reorganisation Being Examined

The Bahamas Government has established a committee with representatives from all of the country’s financial regulatory institutions to consider options for consolidating regulatory agencies into one or more bodies.The regulatory institutions on the committee include the Central Bank of The Bahamas, ...

[read more]

Financial Sector Continues to be Strong Driver of Bahamian Economy

The financial services sector showed significant resilience in 2004 as key measurements exceeded average results for the past 5 years. The results for 2004 are reported in the annual survey by The Central Bank of The Bahamas on the sector’s gross economic contribution to the country.Despite the worldwide ...

[read more]

Product, Professional Development Key to Continued Success

Product and professional development are key for The Bahamas to remain an attractive centre for financial services according to the Hon. Allyson Maynard-Gibson, Minister of Financial Services & Investments (MFSI).In her contribution to the 2005/2006 Budget, the Minister said while The Bahamas enjoys ...

[read more]

IMF Notes Strengthening Bahamian Economy, Sound Banking Sector

The Bahamian economy has recovered well from the 2001-02 slowdown, achieving some acceleration of activity in 2004 even in the face of two hurricanes, according to the International Monetary Fund (IMF).The IMF also said that economic growth in The Bahamas is expected to strengthen further in 2005. Observations ...

[read more]

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