"has to date paid out in excess of $100m “to individuals primarily who have not contributed to NIB or who have contributed partially to NIB”." So you now want to raise my contributions because you gave the money to people who did not contribute? WTF is this? Do these people realize you cant get blood out of a stone. Why dont you try and cut some costs. Anyone remember that video when Minnis first got elected and toured the NIB building they have people even inside of broom closets supposedly working in that place. No reason that agency needs hundreds and hundreds of staff in this supposedly electronic age.

The government could keep this tied up in court and regulatory approvals forever if they actually wanted to stop it.

I guess they can go sleep on those new sidewalks.

"The interesting thing about The Bahamas is that we don’t have the rigid controls that we have here. So in The Bahamas we import everything - from milk, eggs, chicken parts – there are no restrictions. From our warehouse in Miami, we can literally run shipments to The Bahamas in hours because it’s so close, so we can now import even perishables into The Bahamas."

Great another company who is looking at becoming another food import driven business doing nothing to reduce our food import bill and helping to create some measure of food security for this country and reduce our foreign exchange demands just what we need right now. Might as well green light Walmart one time and get it all done.

I bet this system wont be operational for 1 year. These idiots cannot maintain a simple backup diesel generator one of the most simple engines around.

Good luck with that the next time a hurricane hits and the power and internet is down for days or weeks and with a Dorian class storm for over a year in some places. For months after Dorian cold hard cash was king.

ROFL go mail yourself a letter in the mail and see how long it takes to get it if you ever get it. I wish all the services and online/digital options were available. I hate going into a brick and mortar bank and we should have long moved past this but, this unfortunately is not the case.

Like you said less banks will mean more people operating outside of the banking system and expansion of the informal economy. Thank you for agreeing with me by trying to be smart. Also are you paying my ticket to Nassau whenever I need a brick and mortar bank and have to miss a day off of work and trust me I hate going actually into these banks and avoid it like the plague if I can? Even if it is 3-4 times a year that you need a actual branch to go to that is a tremendous cost and expense for a person. You have no idea about my finances and banking needs as a long time customer of Scotia bank. When these banks can accept checks via photo from your phone, allow digital signatures, can actually mail your credit/debit cards to you, allow pinning outside of the branch, have smart ATMs that can actually deposit cash and all the other modern/digital things then maybe they can justify their reduction in physical branches. I wish all the infrastructure was in place to allow this but, it is not. If you think any reduction in infrastructure and services in a area is a good thing and will help the economy of that area you are a moron.

I guess I can digitally fly myself to Nassau (when not under lock down) to receive new credit cards, take out a loan, sign documents, and get my new checks. Are we trying to eliminate the informal/cash economy in this country or expand it?

Lucky for them they can raise prices to whatever is necessary to guarantee a minimum of 10% profit. If we all were not so lucky.