Caribbean Banking

President Irfaan Ali and Senior Vice President; President William A. Schreyer; Director, Prosperity and Development Project; and Director of the Americas Program at the Center for Strategic and International Studies (CSIS) in…

Bank of Nova Scotia (NYSE: BNS - Get Rating) and Ohio Valley Banc (NASDAQ: OVBC - Get Rating) are both finance companies, but which is the best investment? We'll compare the two companies based on institutional!-->…

#Miami, Florida, USA, July 20, 2022 – As local economies continue to recover from the effects of the Covid-19 pandemic, a call has been made to develop a roadmap to connect the unconnected in the Caribbean. Delivering the keynote speech…

Prime Minister Andrew Holness (centre) and Flash Motors CEO Xavier Gordon (left) discuss features of the Build Your Dream electric vehicle during the launch of the!-->…

A request for a criminal investigation against the Dutch public development bank FMO has been filed in the Netherlands for alleged complicity in the bloodshed in Honduras. FMO, the acronym for the Netherlands Development Finance…

There are indications that the vaccine hesitancy sparked by the COVID-19 pandemic could result in Barbadian parents choosing not to have their children vaccinated against other diseases in the future. According to the first results of an…

We are used to thinking of money in terms of notes and coins, which most of us keep in our wallets. However, the vast majority of money - 96.3% in Australia - is digital, held by banks and other financial institutions and moved through…

Comment this storyCommentSilver is heading for its greatest reinvention in centuries. Modern technology and even the coronavirus pandemic are pushing consumers away from cash, and with alternative concepts like cryptocurrencies taking…

Thank goodness the city of Toronto never named anything in his honor! This week, a staff report will come to the city's executive committee with details on how Toronto could rename Dundas Street. The idea gained momentum last year after…

India Focus - Stocks Close at Monthly High; Vivo pleads for the lifting of the freezing of bank accounts RIYADH: Indian stocks gained for a third straight week to close at a one-month high on Friday as inflation concerns waned,…

A new report by the Inter-American Development Bank (IDB) and the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) estimates the total cost of the impacts and effects of COVID-19 on the Bahamas at 9, $5…

BUENOS AIRES, Argentina (AP) — The Argentine peso tumbled and stock prices fell on Monday after leftist Silvina Batakis was named economy minister following the surprise resignation of her more moderate predecessor this weekend as the…

AM Best, the world's largest credit rating agency, specializes in the insurance industry. A rating agency assesses credit risk and assigns ratings to individuals, entities and even countries. Local banks, for example, use the…

What happened One of the industries hardest hit by the coronavirus pandemic has also seen a real downturn this week. Following a somber analyst note regarding Carnival (CCL 2.31%) (CUK 2.66%) in particular, the top three…

Lucy Richard The Notting Hill Carnival has been held in the UK for decades, with the first taking place in 1959 at St Pancras Town Hall. It is now a full cultural event taking…

Over the past decade, Venezuela has quickly become a hub for Russian and Chinese cybertech in the Western Hemisphere. In an effort to extend its grip on power, the Maduro regime in Caracas has allowed the country to become a laboratory of…

Even in the best of times, Caribbean consumers face some of the highest energy prices in the world due to their heavy reliance on expensive and volatile fossil fuel imports. Electricity prices in the Caribbean average around $0.25 per kWh,…

Company News day reporter An hour ago Gayle Pazos, Managing Director of Scotiabank TT. Scotiabank courtesy photo - Scotiabank Trinidad and Tobago has been recognized as one of the!-->!-->!-->!-->!-->!-->!-->!-->!-->…

Across the Caribbean, leaders celebrate the influential men in their lives, as well as the blessing of becoming a father and, in a few cases, a grandfather.Former Miss World and Jamaican MP Lisa Hanna remembers her father, Rene, who died 18…

While we love sailing in any type of cabin, there's something magical about sailing in one of Royal Caribbean's spacious and lavish suites. The mix of extra living space, luxury and service offers the best amenities and perks of any cabin…

In case you missed them, here are some of our best articles of the day.Copa Airlines returns to Barbados after two years, marking the resumption of travel from Latin America.The flight landed at Grantley Adams International Airport around…

The pots contain rare earth minerals produced by Lynas from its Mount Weld operations in Western Australia © Melanie Burton/Reuters The US Department of Defense has signed a $120 million…

The United States Agency for International Development (USAID) and the Canadian government have announced multi-million dollar assistance for Latin America and the Caribbean. USAID Administrator Samantha Power announced approximately $331…

Multilateral development finance institutions are urged to do more to help Barbados and other Caribbean countries manage the devastating impact of a range of external challenges. Former Caribbean Development Bank (CDB) President Dr. Warren…

The Bank of Jamaica (BOJ) says it moved quickly to engage in dialogue, both internally and with the wider commercial banking industry, following the recent high-profile social engineering attack that caused customers to lose significant…

Jn week, rumors surfaced that Barcelona's Gerard Piqu had cheated on his longtime partner Shakira, and the two have now announced their separation.According to reports, Piqu has been living alone in an apartment since the singer caught him…

(MENAFN-Caribbean News Global) DOMINICA / UNITED STATES – The World Bank's Board of Directors has approved two loans for Dominica: the Dominica Second Covid-19 Response and Recovery Programmatic…

- Advertising - By Latrishka Thomas A concert and lunch is the next fundraiser for national cyclist Andre Simon's family as they work feverishly to raise enough money to send him to the United States for medical treatment. Simon was…

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According to the UN's latest report on the World Economic Situation and Prospects (WESP), released on Wednesday. The mid-year forecast reveals how the conflict has disrupted the fragile economic recovery of the COVID-19…

A waiver issued by the US Treasury allowing Russia to continue transferring payments for its foreign bonds despite Western sanctions expired on Wednesday, leaving Moscow to face an unavoidable possible default.Russia made its last payment…

By Sarah Mills LONDON (Reuters) - As Queen Elizabeth celebrates 70 years on the throne, people wonder if the Commonwealth of Nations, which she helped create and which remains one of her proudest achievements, has a future.…

By Dana Malcolm Personal editor #Africa, May 19, 2022 - South Africa is experiencing a massive covid surge with cases jumping 50% in just 24 hours on May 5. 9,757 new cases were reported on the 5th, 3,587 more positives than the 6,170…

By Lisa Richwine LOS ANGELES (Reuters) - Lawyers for Johnny Depp tried to discredit allegations of abuse by Amber Heard during the former couple's libel trial on Tuesday, presenting a knife she gave the star as a gift of…

Developers earn USD from BPO rentals. The Stanley Motta BPO campus in Kingston is shown here. Government and private sector developers have invested in!-->!-->…

If you are aware of any local business openings or closings, please let us know here.Closing of Pedro's Cafe at EmmaüsSV…

Features News day reporter 2 hours ago Yachts at anchor in Pirates Bay during the January 2020 season. -Pat Ganase Research and study are intrinsic to current trends in ecotourism; Is!-->!-->!-->!-->!-->!-->!-->!-->!-->…

Facial recognition software maker Clearview AI has settled a lawsuit brought by the American Civil Liberties Union (ACLU) and will limit access to its facial database in the United States to government agencies rather than a myriad of…

When the Caribbean Renewable Energy Forum (CREF) met for its 14and in Miami, Florida, CIBC FirstCaribbean was recently named the recipient of the award for Best Renewable Energy Financing in the 2022 CREF Industry Awards.The forum returned…

Through essays and photos, more than 4,750 small businesses from across the country shared their compelling stories of resilience in a landscape forever changed by COVID-19 and how they met the unique demands of 2021 through promotion."…

There are strong similarities between Fort Lauderdale and Dubai, the most populous Persian Gulf coast city in the United Arab Emirates.Both have man-made islands, beaches, international airports and seaports. Their local economies are…

Views : 59 Posted: Thursday, April 28, 2022. 11:49 a.m. CST. CONTRIBUTED BY THE MINISTRY OF ECONOMIC DEVELOPMENT: The deputy. Christopher Coye, Minister of State, Ministry of Finance, Economic…

By Sherrica Thompson Personal editor #Bermuda, April 26, 2022 - Bermuda's Deputy Prime Minister and Home Secretary, Walter Roban, urges island states, especially British Overseas Territories, to devote the same enthusiasm they have to…

KINGSTON, Jamaica — An explosion at an automated teller machine (ATM) in the town of Port Antonio in the eastern parish of Portland on Saturday is now the subject of a criminal investigation. Police report that early Saturday, shortly…

To print this article, all you need to do is be registered or log in to Mondaq.com. The Bahamas has "an incredible opportunity to reclaim lost ground and be part of the new frontier of finance," digital asset specialists…

The International Building Expo is set to return in July with a particular focus on affordable housing and construction in a rapidly changing Guyana. The exhibition was launched last night by the Ministry of Housing and Water at the…

We are proud to join the IDB Dealer Group - George Barbar Tweet that “Mesirow's ability to design financial solutions with an environmental/social/governance (ESG) lens makes it a strong partner for the Inter-American Development Bank.…

Bank of Nova Scotia (TSE:BNS - Get Rating) (NYSE:BNS) shares have received an average rating of "Buy" from the fourteen brokerages that currently cover the business, Marketbeat.com reports. . Four investment!-->…

Wall Street brokerages expect Bank of Nova Scotia (NYSE:BNS - Get Rating) (TSE:BNS) to report earnings of $1.62 per share for the current fiscal quarter, reports Zacks Investment Research. Two analysts provided!-->…

In 2020, in the midst of a pandemic, environmental conservation may not have been at the forefront of most people's minds. So how did The Nature Conservancy, a global environmental nonprofit, have its best year ever in terms of…

CHIN officers carry the casket of Benson O. Ebanks after his funeral service at John Gray Memorial United Church in West Bay on Friday, April 8. - Photo: Taneos RamsayThe late statesman Benson Obadiah Ebanks was laid to rest on Friday…

Attorney General Merrick Garland on Capitol Hill in Washington in 2021.Credit...Al Drago for The New York TimesAttorney General Merrick B. Garland and Commerce Secretary Gina Raimondo said Wednesday they had tested positive for the…

Edward C. (Eddie) Hayward III was born and raised in Grenada, Mississippi by loving parents, Christine and EC Hayward, Jr. He attended Millsaps College his freshman year, then transferred to Ole Miss to receive his undergraduate degree in…

Despite the negativity that sometimes surrounds relations between Trinidad and Tobago and Guyana, the…

https://www.youtube.com/watch?v=Ic1yB2LQGMA As the Central Bank of Kenya (CBK) continues to gather public views around a Central Bank Digital Currency (CBDC), the Governor has revealed that it is not yet…

More than nine in ten (93%) adults in 22 Commonwealth countries are unaware that email passwords and access to personal and work email accounts are prime targets for criminals and other malicious actors, according to new research from Get…

It's bonus season on Wall Street, and rich to boot, but people aren't spending like they used to, says Andy, an anonymous financier turned Instagram financial influencer.Awaiting, for many, are the usual bonus time trinkets: bespoke…

News Jensen La Vendee 7 hours ago Anthony N Sabga III - CONGLOMERATE Ansa McAl Group boasted Thursday of pre-pandemic-like profits and continued project successes as the world eases!-->!-->!-->!-->!-->!-->!-->!-->!-->…

Commissioner Bruce Zagers (centre) and Island Secretary Tim Muller (right) with the Chair of the Second House Standing Committee for Kingdom Relations Mariëlle Paul (left) last week on Thursday.SABA -- Commissioner Bruce Zagers and Island…

About 5,000 students enrolled in the National Schools Coding Program are expected to begin their training this month. The managing director of software firm Amber Group Limited, which is partnering with the Department for Education…

PANAMA CITY, March 18, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, SA ("Bladex", or "the Bank", NYSE: BLX) today announced the closing of a $300 million three-year global syndicated loan. Sumitomo Mitsui Banking…

NNA | Update: March 14, 2022 4:17 p.m. STI New Delhi , March 14 (ANI/SRV): H&O Immigration Services, a subsidiary…

Trade routes around the world have become more complex. Sanctions against Russia due to its invasion of Ukraine immediately affected the movement of oil, semiconductors and, to some extent, silver. Russian oil exports have slowed…

BOZEMAN, Mont.--(BUSINESS WIRE)--Leading applied analytics firm FICO today announced the promotions of Don Peterson to vice president of global sales and customer success, Alexandre Graff to vice president of global partnerships…

Posted: Posted Date - 2:34 PM, Mon - Mar 7, 22…

New Delhi: The Central Bureau of Investigation (CBI) has requested a fresh sanction of prosecution against former managing director and chief executive of Punjab National Bank (PNB) Usha Ananthasubramanian and former chief executives KV…

Technology is changing money as we know it. Financial technology or fintech as a form of financial innovation has reshaped the financial services industry, especially in sub-Saharan Africa. More recently, the advent of central bank…

Former West Indies batsman Sir Vivian Richards stressed the importance of power hitting in cricket years before it became mainstream with the arrival of the game's shortest format, T20. At a time when batters had to play slow while…

An event aimed at showing Scottish businesses the investment opportunities in the Caribbean island of Barbados was held in Glasgow yesterday. The gathering follows a successful mission to Barbados in November last…

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Brokerages expect Bancolombia SA (NYSE:CIB) to post earnings per share (EPS) of $0.90 for the current quarter, according to Zacks. Analysts at Zero have made earnings estimates for Bancolombia, with the lowest EPS estimate being $0.76…

As cryptocurrencies continue to grow in popularity, another type of digital currency is also gaining traction, namely central bank digital currencies. Unlike decentralized and volatile crypto, these currencies are…

Private sector investments across Africa, critical to coping with the impact of COVID and unlocking sustainable growth, will be accelerated by new financings totaling EUR 62m confirmed by EIB Global, the new specialized arm of the…

FORT MILL, SC--(BUSINESS WIRE)--February 15, 2022--Basware (BAS1V), the global leader in networked…

Last year, El Salvador made headlines as the first country to adopt Bitcoin as legal tender. The move is controversial both inside and outside the country, heralded for its potential to bring financial services to much of El Salvador's…

Vice President Bharrat Jagdeo welcomes any police investigation into his assets after the opposition demanded an investigation into allegations he received bribes to facilitate Chinese investment in Guyana.US media network Vice News raised…

AUSTIN, Texas and SÃO PAULO--(BUSINESS WIRE)--February 10, 2022--Today, Rêv Worldwide, Inc. (“Rêv”), a…

Considering India's maturity in digital payments and the stature RBI has gained in the Central Banks Committee, the implementation of the CBDC is visible. By AP Hota The budget announcement on the rollout of digital rupee by the Reserve…

Several companies are vying to be the first China-based company to go public in the United States since July, writes the Financial Times. This will test the willingness of regulators to accept registrations in the wake of the two countries'…

Informal savings clubs are a common form of savings outside the traditional banking sector. Researchers report that in addition to being a way to provide insurance or buy durable goods, they create a mechanism to provide their…