"Over the years they have caused many claimants much pain, and sorrow...."....much more true because the Govt have taken nations money belonging even to persons, elderly, children, poor, children on lunch meals, etcetc.... nothing to do with the CLICO company... to pay the persons connected to CLICO a company governed by its Board of Directors, owner, management....and whomsoever are Regulatory body sticking the public with this.
Excellent points. But now you opened Pandora's Box.....for every dollar in loans, Billions of dollars in loans use and mandates that loan customers are required to pledge and assigned life insurances as collateral security for loans....comprehensive car insurances....comprehensive homeowners knsurances all with policies assigned to bank/lender as mortagee with in event of calamity the lender gets proceeds of policy to repay the loan. There are exceptions in certain loans. Lots of insurances out there...Lawyers insurances, indemnities medical, aircraft, boats, shipping, just about every professionals insurances....
Davis has a point on these homeless persons arrested and charged. Big question is that all these politicians who have put their hand on the Bible and other hand up and saying with their lips moving oaths to do the best for the people and look at the weakest prosecution and perse ution being in the unfortunate set of circumstances.
Many decades there should be better facilities to cater to the Mentally challenged, many facilities to cater to the seniors, more care to the females facing crises, better Fox Hill Prison inhuman conditions, etc. Mr. Davis was in top positions of power for for him and his party for decades to address these glaring glaring glaring society shortcomings.
These persons should not be arrested and financially charged especially in this World disease National crises but made access to all govt rehabilation resources and not be prosecuted, persecuted prejuficed to access services because of race, faith, creed, economic circumstances etcetc
In this national crises first ever with nations lives in jeapordy....and govt seeking to render assisiance to all people....then BPL should have engineering teams to examine homes already have no electricity cut off....and reconnect them ....even offering temporary metered services.
@ Mudda.....Management and Board of Directors have to be held responsible over Billions of dollars of nations money. If mismanaged or lost etc.
Currently the present Covid 19 crisis can have any invididual(s) breaking the rules of being caught by breaking Curfew rules under nation in disease prevention situation ....then same NIB persons who by their actions or lack of action put rest of nation in situation billions of nations dollars at risk bad investments, mismanagements etc., should be arrested and thrown in jail. Seems laws only apply to seems 90% of population at bottom.
The Governor of the Central Bank as Regulator of the Banks needs to step in with Comments relating to Banks. To allow the politicians to step all over him is dispicable. Governor needs to instill stability and Confidence in the smooth continuous flowing to ccritical financial services to all. No utter statements is welcomed and likely in situations create unwanted effects to all. No politician should be more knowledgable than any Governor of any Central Bank who has hourly, daily, future capabilities monetary system nation, of Banking Financial system. Comforting properly issuance of Banking situation is required to nation and other nations Bahamas deals among.
Excellent CIBC. Keep up the good work and look at lowering the interest rate because on the slow recovery customers would not want to be immediately smacked with huge bill but lower repayments leading up to recovery as economy better responds.
You have a point there....after previous govt imposed regressive VAT affecting poor hardest....and...then next govt agreed with regressive VAT and further imposed more. Some 6,000 meals provided by ONE feeding agency and thousands of free meals provided by other Charitable agencies and many Churches Soup Kitchens. Public already sees everday lines. Seems politicians ought to be aware of the demographics of how many voters and children living in urban renewalinner city densely populated areas when 2 weeks before elections in providing free political tee - shirts, free caps, free refreshments, free pompoms, free plates of chicken wings an macaroni an cheese, free political rallys an live good musical concerts, jobs galore, mabye some seems to have a surprise gift in tee shirt........sooooooo....where ate all these delegations, generals, political operators....in rendering assistance in these inner city small size less tiny homes ...as these people realize they have to remain in their homes??????.....And Bless the hearts of the Charitable Organizations and Churches who catered to throngs of people who came out of their homes needing food.
Very good Scotia. Keeping loans in check extending loans limits and still managing extreme challenging situatoons, seems less setting aside provisioning etc.leading to downhill path for all. Keeping loans in control would not necessitate seems invoking indemnity insurances pushing homes, businesses on Repossessed listings...further cascading pushing down values more on market for sale then by side pushing down other businesses usually putting up homes, properties as collateral. More glut of properties as on market forces banks to decrease facilities offered to businesses overdrafts then affecting businesses usually less inventory, less employees etc.
bogart says...
"Over the years they have caused many claimants much pain, and sorrow...."....much more true because the Govt have taken nations money belonging even to persons, elderly, children, poor, children on lunch meals, etcetc.... nothing to do with the CLICO company... to pay the persons connected to CLICO a company governed by its Board of Directors, owner, management....and whomsoever are Regulatory body sticking the public with this.
On Insurers’ anger at premiums ‘holiday’
Posted 1 April 2020, 1:11 p.m. Suggest removal
bogart says...
Excellent points. But now you opened Pandora's Box.....for every dollar in loans, Billions of dollars in loans use and mandates that loan customers are required to pledge and assigned life insurances as collateral security for loans....comprehensive car insurances....comprehensive homeowners knsurances all with policies assigned to bank/lender as mortagee with in event of calamity the lender gets proceeds of policy to repay the loan. There are exceptions in certain loans. Lots of insurances out there...Lawyers insurances, indemnities medical, aircraft, boats, shipping, just about every professionals insurances....
On Insurers’ anger at premiums ‘holiday’
Posted 1 April 2020, 10:20 a.m. Suggest removal
bogart says...
Davis has a point on these homeless persons arrested and charged. Big question is that all these politicians who have put their hand on the Bible and other hand up and saying with their lips moving oaths to do the best for the people and look at the weakest prosecution and perse ution being in the unfortunate set of circumstances.
Many decades there should be better facilities to cater to the Mentally challenged, many facilities to cater to the seniors, more care to the females facing crises, better Fox Hill Prison inhuman conditions, etc. Mr. Davis was in top positions of power for for him and his party for decades to address these glaring glaring glaring society shortcomings.
These persons should not be arrested and financially charged especially in this World disease National crises but made access to all govt rehabilation resources and not be prosecuted, persecuted prejuficed to access services because of race, faith, creed, economic circumstances etcetc
On Davis disappointed by homeless convictions
Posted 28 March 2020, 11:21 a.m. Suggest removal
bogart says...
In this national crises first ever with nations lives in jeapordy....and govt seeking to render assisiance to all people....then BPL should have engineering teams to examine homes already have no electricity cut off....and reconnect them ....even offering temporary metered services.
On Disconnections to be suspended until March 31
Posted 26 March 2020, 4:11 p.m. Suggest removal
bogart says...
@ Mudda.....Management and Board of Directors have to be held responsible over Billions of dollars of nations money. If mismanaged or lost etc.
Currently the present Covid 19 crisis can have any invididual(s) breaking the rules of being caught by breaking Curfew rules under nation in disease prevention situation ....then same NIB persons who by their actions or lack of action put rest of nation in situation billions of nations dollars at risk bad investments, mismanagements etc., should be arrested and thrown in jail. Seems laws only apply to seems 90% of population at bottom.
On NIB expects 15,000 to sign on for benefits
Posted 26 March 2020, 3:47 p.m. Suggest removal
bogart says...
The Governor of the Central Bank as Regulator of the Banks needs to step in with Comments relating to Banks. To allow the politicians to step all over him is dispicable. Governor needs to instill stability and Confidence in the smooth continuous flowing to ccritical financial services to all. No utter statements is welcomed and likely in situations create unwanted effects to all. No politician should be more knowledgable than any Governor of any Central Bank who has hourly, daily, future capabilities monetary system nation, of Banking Financial system. Comforting properly issuance of Banking situation is required to nation and other nations Bahamas deals among.
On AG: We can get 'strict' on banks
Posted 25 March 2020, 7:11 p.m. Suggest removal
bogart says...
Excellent work Scotia. People also talking favourable at the innovation first ever having custoners seated and electronic call up to tellers.
On Scotiabank joins loan holiday trend
Posted 25 March 2020, 2:28 p.m. Suggest removal
bogart says...
Excellent CIBC. Keep up the good work and look at lowering the interest rate because on the slow recovery customers would not want to be immediately smacked with huge bill but lower repayments leading up to recovery as economy better responds.
On CIBC expanding loan holiday to credit cards
Posted 25 March 2020, 2:12 p.m. Suggest removal
bogart says...
You have a point there....after previous govt imposed regressive VAT affecting poor hardest....and...then next govt agreed with regressive VAT and further imposed more. Some 6,000 meals provided by ONE feeding agency and thousands of free meals provided by other Charitable agencies and many Churches Soup Kitchens. Public already sees everday lines. Seems politicians ought to be aware of the demographics of how many voters and children living in urban renewalinner city densely populated areas when 2 weeks before elections in providing free political tee - shirts, free caps, free refreshments, free pompoms, free plates of chicken wings an macaroni an cheese, free political rallys an live good musical concerts, jobs galore, mabye some seems to have a surprise gift in tee shirt........sooooooo....where ate all these delegations, generals, political operators....in rendering assistance in these inner city small size less tiny homes ...as these people realize they have to remain in their homes??????.....And Bless the hearts of the Charitable Organizations and Churches who catered to throngs of people who came out of their homes needing food.
On 30 more days? Bethel suggests extension to lockdown likely
Posted 25 March 2020, 1 p.m. Suggest removal
bogart says...
Very good Scotia. Keeping loans in check extending loans limits and still managing extreme challenging situatoons, seems less setting aside provisioning etc.leading to downhill path for all. Keeping loans in control would not necessitate seems invoking indemnity insurances pushing homes, businesses on Repossessed listings...further cascading pushing down values more on market for sale then by side pushing down other businesses usually putting up homes, properties as collateral. More glut of properties as on market forces banks to decrease facilities offered to businesses overdrafts then affecting businesses usually less inventory, less employees etc.
On Scotiabank joins loan holiday trend
Posted 25 March 2020, 11:23 a.m. Suggest removal