Comment history

bogart says...

Royal Bank does have spevial rooms for business persons to make deposits which is excellent whereas some other banks business people have a separate teller ...and everyone can see all the hand movements of the teller counting up ya deposits knowing ya business...But thrre is always the wallets deposit service for businesses costing extra....which too aint exactly safe cause ya have to gets outta ya vehicle....

bogart says...

In addition to Financial Consumer Protectoon Agemcy or Burreau like the UK and US....there should be An agency to audit banks separate from that of the Bank Supervison...there are many stories out there in the public that there must be some Agency to complain to...I have heard these stories from being in the line just alone...people get annoyed eaiting and evetyyhing comes out....free info for Banking Complaints to give could only improve service for the pore peolle

bogart says...

@Madhatter....we were both on the camera situation...
Other fraudulent use could also be.....ah why bother....ok ok.might as well tell them its common semse....in cases of elderly person ppassing away....other person can drain account ....if not joint an several clause...some ATM cards.....legal Bahamian person can open account and give card to illegal migrant and withdraw from ATM...various banks need to check cards to see iif Bahamian funds deposited and their card is capable of withdrawing funds in US...bypassing foreign currency amount declaration...

bogart says...

It is past due that pore Bahamian bank customers need to be protected with Financial Consumer Protection Laws and an Financial Protection Agency that pore and other aggrieved customers can go to.
Pore Bahamian bank customers also needs a Financial Ombudsman to go to an complain an get immediate action.
Current any bank customer has to argue it out with the same bank an many simply give up......or ....even if they goes to a lawyer, they will find out the high fees simply not worth it....and/or the lawyer will claim "conflict of interest" as many do not want to go up against the banks.....
Financial Consumer Protection Bureau or Agency is desperately needed for Bahamian customers....!!!!,!
In light of many bankers being caught in fradulent activities....someone in Government must also be looking out for the Bahamian customers and fimancial consumer protections...!!!!

bogart says...

Financial Minister.....'Symonette: Public meeds to be cautious' with ATMs.....Bahamians will have to exercise greater "caution" when using ATMs.....calling the RBC incident of "skimming" .."unfortunate"........
Well if one searches net or teck knows of "skinning" an "scanning" plenty information is available....
1. The scimming is better enabled when there are not adequate surveillance cameras or persons can be at ATM and physically alter machine etc
2. ATMs usually have bank camera observing user in machine face.
3. Bank must have personell to review these camera tapes for anything suspicious including large deposits...persons taking too long at machines fully being aware taught, knowledhable of all latest fraud activities.....scimmimg is an old time fraud
4. Bank has to use due care and attention and would have to check time of first instance of scimmjng fraud at ATM and look at latest or point of discovery.
Bottom line many of these incidents could have prevented if Bank policies on reviewing tapes complaonts etc were done and should not be labelled " unfortunate" before investigation is done as to whether the bank was "negligent" and what action any aggrieved bank customer chooses to take......

bogart says...

Dis one is worese than conch poisoning ....the Pore Bahamian people are now forced to weep uncontrolably ....
story says....
" The board of any government agency is there to ensure that the political directorate's policy, initiatives and plans are carried out."....Mr. Brave Davis.
Das da problem ....these board members must have the ability to stand up and tell the boss or other members of the board of directors.. where to get off ....when dey sees wrong......wrong is wrong.....man up an say so....there are there to ....also.... look out for the.... interests..... of da shareholders......the pore bahamian people......to ensure dese agencies are run in accordance wid internationally recognisrd rules...an must stand ups.....close the money losing business....fire people....regardless what some politician... ..having as a political directorate policy..iniatiaves...or .plans......now come to find out why pore Bahamians have been hurting for decades because of shouldering these agencies plans..initiatives plans causing losing money...

On Davis: Meltdown shows lack of plan

Posted 17 August 2018, 3:07 p.m. Suggest removal

bogart says...

Same time are these other buildiings govt offoces occupying rented.???
1. Immigration building ...Hawkins Hill
2. Sttatistics dept....Maderia st
3. Ministry Labour....Rosetta St.
4. Ministry Works ....Bethel Ave.
5 Payments govt offices Public Treasury bldg.3-4 stoory?....Prison Lane opposite Police Hq East St.
6. Bus Licence .Govt offices.......2 similar buildings incl Charlotte House.
7. Beaches etc Govr offices..west..next to Charlotte House
8. Real Property Tax office...Carmichael rd.
9.PMH Therapy building.....Palmdale
10. Passport Building....T/blvd
11. Agricultire offices.?...Out Islamd Traders Bldg.
12. Offices ......Saffrey Sq......
13. Tourism.....Hilton Hotel bldg
14. Police Station ...Marathon Mall
15. Road Traffic ....which govt entity is budgeted running Stadium
16. Offices in Manx DockenfaleCorporate Cemtre
17. Foreign Affairs...Goodmans Bay Ctr....
18. Registrar General....
19. Public Hospital Authority...3rd Terr.Palmdale
20. Registry Insurance....
21. Gaming Board.....Centerville House
................sooooooooo.....da Central Bank wants a larger Office than the present one .......even has
$$$ drawings...plans....drawn up....and eying up da onlyinest open site back a Zion Baptist on Shirley.....

On Central Bank to be catalyst for area

Posted 17 August 2018, 2:26 p.m. Suggest removal

bogart says...

.....just before your Mortgage loan is paid off....your Personal Banker.....should have contacted you....call you in....and be thanking you blah blah ...nosying in ya business picking....chatting you up ...after dat long time you been paying dem back...introdice you to da Manager...all da nice stuff....and telling you the procedures for your documents.....and being well trained bankers would have reviewed your loan ....if you good prpspect.... and offered to lend you more money....repay the other competing banks loans......equity financing...........if dey aint been doing dis an more ....they needs more training.....everry good banker supposed to be finding ways to lend you an your chillren, family friends....money....an of course make sure you can first pay it back....!!!!!....lol..

On RBC silent on claim scam netted $800k

Posted 17 August 2018, 12:14 p.m. Suggest removal

bogart says...

excellent..... to read that there is indeed some vibrant discussions...disagreements....conflicts .....everybody do not always agree with the continued ....year after .....year ...after ...decades everyting is going right .....within these Boards Of Directios appointed to look out for the pore ordinary Bahamian .ASSETS....dat dese suit an tie big time ....are not all as it appeared.....for decades....to be in unison in matters dealing wid these the peoples multi million dollar assets.......that always needing ....propping up....millions of pore ordonary Bahamian depriving demselves when VAT an their taxes....continuously....have to go into these agencies...no past or present members accountable....nobody fired...nobody held accountable....nobody jailed....
Keep up the good work Minister...!!!....

bogart says...

Somebody should tell these Central Bank Executives.....who ought to know the Moodys rating...recent incrrases in taxation of the population for government to run the country....still cannot balance budget....country debt....cutbacks govt ministroes 10%....debt servoce ratio .....And the biggest luddites....not knowing that with computerization.technology....the fumctions do not require all the personnel...or size of office space required.....they themselves know a few persons can operate a bank from a hotel room...muchless what they are proposing under current financial conditions not likely to improve significantly in near future.....and these the people who publishes the financial figures for FDI...which the country critally needs...no wonder ...Govt knowing financial austerity for nation...and other side Govt financial people ....wanting to build looks like 10 times size of present structure overpowering overwhelming skyline ....looks to me like the rat bat .....muddoes

On Central Bank to be catalyst for area

Posted 16 August 2018, 7:03 p.m. Suggest removal