Tag Archive | "BOB"

bob chairman wayne aranha

Govt to Inject $166 million in BOB

The government has agreed to allow the special purpose vehicle Bahamas Resolve Ltd. (Resolve) to acquire $166 million in impaired commercial loans from Bank of The Bahamas Limited (BOB), shareholders learned on Wednesday evening at the bank’s annual general meeting held at Breezes Resort on Cable Beach. According to Wayne Aranha, chairman of the bank, […]

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