Three quarters of NIB Investments is in worthless government registered stock. Thats money the cash strapped government cannot pay back. Add to that the hundreds of millions of dollars they payed out in Covid 19 unemployment assistances Bad investments in building many no income producing buildings for governments departments, clinics, the police, customs Min of health and the min of education, But the elephant in the room is the huge administrative cost for their over payed staff who have come to expect hugh salary increases every time a union agreement comes up for negotiaions. and the hiring practices of many successive administrations to fix up their lazy families members, sweet hearts and political croonies SMT

OBAN saga part TWO .....lets see how this gov handles it.

If the Land purchase in this developement has not closed, most likely it will not proceed going forward. Lets avoid another white elephant in cat island and not allow the destruction of our pristine land by shady investors who are tied up in litigation in the united states. Our country is littered projects that cant pass the foundation stage when the source of funding is discovered.

Commonwealth Bank needs to follow Finco with its liberal dividend policy inspite of the loan loss provisioning. .Mr Ronald needs to take over the CBL board.

nuff respect .....thank you very much for the details

DonAnthony ......Do you have any idea when we as share holders will see an increase in the net asset value for the shares we bought in the nassau cruise port Bahamas investment fund. When will the NAV be calculated ???

This shows gross incompetence by the new BLP board and by extension the new PLP financial secretary at the Min of finance. Their lack of a timely decision on a new hedging agreement from september 2021 going forward is going to cost the bahamian public over 200m in light bill increases. Thats money that could have been spent or invested in other areas of the economy.

Ok Neil .....do an article showing the gross outstanding loans at the 2021 financial year-end for Commonwealth Bank . What are they doing different with their much larger loan loss provisions ?

I guess Leslie Miller soon get his Summer Winds plaza contract too

Three quarters NIB portfolio is also made up of the worthless Bahamas government registered stock. There goes our pension money. PM Davis addressed the Bankers the other day about Banking fees, I think the numbers boys will get a banking license this PLP term. James Smith needs to be sent to the retirement dust heep. .