Yep ......... this sounds about the same as former "rape" statistics when it was purported that 25% of Bahamian women are "raped" during their lifetimes.
Historically, our country has a black eye on it when it comes to sexual crimes
that is why this stupid idea to go cashless in the family islands is unreasonable, rushed and unsustainable ......... based on our cultural and economic realities.
**Mr Turnquest said while the government “regrets” Scotiabank’s decision, especially the redundancies that will result, residents and businesses in the affected islands are urged to take advantage of the just-launched Bahamian digital dollar and other electronic means to meet their payment needs.**
The words of a heartless, insensitive, "out to lunch" politician who is on his last months as DPM & MP
If we were to look at First World countries, how are their banking regimes set up??? .......... rural France, UK, USA, Germany, Japan, New Zealand, Canada???? ................ Are there NO banks in these countries????
Is it totally unreasonable to expect that banking institutions exist in our rural areas????
Enclaves never really benefit the entire country .......... look at the failed HCA/ Freeport experiment. It is a modern day cancer that is eating at our country.
This is just another ongoing example of our refusal to develop our indigenous banking and credit union sectors ........... while depending on Canadian banks to service our many islands. Commonwealth Bank or the main Credit Unions have not seen fit to expand beyond the urban centres .......... so, we cannot depend on the local private banking sector.
Then there are the webshops and FX outflows ................. and that is another serious concern.
Even though our tax payers' monies go to bail out a handful of PEPs at Bank of The Bahamas, now is the time to use this national "asset" to drive the banking needs of Government departments and civil service and get BOB out of the fiscal muck that its in.
Either that, or open up and modernize the Post Office banking system to replace the Canadians.
sheeprunner12 says...
Yep ......... this sounds about the same as former "rape" statistics when it was purported that 25% of Bahamian women are "raped" during their lifetimes.
Historically, our country has a black eye on it when it comes to sexual crimes
On UB STUDENTS SEX ASSAULTS SHOCK: Campus survey reveals one-in-three are victim of some form of rape
Posted 3 November 2020, 12:48 p.m. Suggest removal
sheeprunner12 says...
that is why this stupid idea to go cashless in the family islands is unreasonable, rushed and unsustainable ......... based on our cultural and economic realities.
On 'Banking desert' fears following Scotia pull-out
Posted 1 November 2020, 1:53 p.m. Suggest removal
sheeprunner12 says...
**Mr Turnquest said while the government “regrets” Scotiabank’s decision, especially the redundancies that will result, residents and businesses in the affected islands are urged to take advantage of the just-launched Bahamian digital dollar and other electronic means to meet their payment needs.**
The words of a heartless, insensitive, "out to lunch" politician who is on his last months as DPM & MP
On Cooper calls for urgent meeting over Scotiabank
Posted 31 October 2020, 1:28 p.m. Suggest removal
sheeprunner12 says...
And how will SB trace you down and send you a summons to appear in court??? ............. by mail or the Popo or a debt recovery agency.
On Scotiabank: 93% of transactions at closing sites digital
Posted 30 October 2020, 9:29 a.m. Suggest removal
sheeprunner12 says...
The Question should really be is ......... Is Mr Johnson an effective FS????
On Acting Financial Secretary Johnson: I’m an atheist
Posted 28 October 2020, 6:20 p.m. Suggest removal
sheeprunner12 says...
If we were to look at First World countries, how are their banking regimes set up??? .......... rural France, UK, USA, Germany, Japan, New Zealand, Canada???? ................ Are there NO banks in these countries????
Is it totally unreasonable to expect that banking institutions exist in our rural areas????
On 'Banking desert' fears following Scotia pull-out
Posted 28 October 2020, 6:15 p.m. Suggest removal
sheeprunner12 says...
Pinewood was the brainchild of his mentor and financier .......... Snake
On EDITORIAL: Ellis offers criticism, but no solutions
Posted 28 October 2020, 3:45 p.m. Suggest removal
sheeprunner12 says...
How many "Bahamian" banks do we have??? ........... After all, is it not Scotiabank(Bahamas)Ltd?????? .......... But no 242 heart, soul or conscience.
On 'Banking desert' fears following Scotia pull-out
Posted 28 October 2020, 3:38 p.m. Suggest removal
sheeprunner12 says...
Enclaves never really benefit the entire country .......... look at the failed HCA/ Freeport experiment. It is a modern day cancer that is eating at our country.
On Lyford Cay value open to question
Posted 28 October 2020, 2:15 p.m. Suggest removal
sheeprunner12 says...
This is just another ongoing example of our refusal to develop our indigenous banking and credit union sectors ........... while depending on Canadian banks to service our many islands. Commonwealth Bank or the main Credit Unions have not seen fit to expand beyond the urban centres .......... so, we cannot depend on the local private banking sector.
Then there are the webshops and FX outflows ................. and that is another serious concern.
Even though our tax payers' monies go to bail out a handful of PEPs at Bank of The Bahamas, now is the time to use this national "asset" to drive the banking needs of Government departments and civil service and get BOB out of the fiscal muck that its in.
Either that, or open up and modernize the Post Office banking system to replace the Canadians.
On 'Banking desert' fears following Scotia pull-out
Posted 28 October 2020, 2 p.m. Suggest removal