Bank Of The Bahamas Limited 2016 AR2
The report details Bank of The Bahamas Limited's transformation journey during the fiscal year ended June 30, 2016. The company focused on addressing capital and liquidity risks, credit risks, cost optimization, and reforming corporate governance infrastructure. Although the bank recorded a net loss of $23.4 million, this represented a 23% reduction compared to the prior year's loss. Additionally, the bank successfully grew its customer deposit base to $764.4 million and implemented various community and sponsorship initiatives across the Bahamas.
Company: Bank Of The Bahamas Limited
Sector: Financials
Country: Bahamas
Year: 2016
Type: AR2
Pages: 76
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Bank Of The Bahamas Limited
Annual Report
The report details Bank of The Bahamas Limited's transformation journey during the fiscal year ended June 30, 2016. The company focused on addressing capital and liquidity risks, credit risks, cost optimization, and reforming corporate governance infrastructure. Although the bank recorded a net loss of $23.4 million, this represented a 23% reduction compared to the prior year's loss. Additionally, the bank successfully grew its customer deposit base to $764.4 million and implemented various community and sponsorship initiatives across the Bahamas.
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Document Details
Report Year
2016
Reporting Period
Jul 1, 2015 - Jun 30, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees