Bank of the Bahamas Ltd 2016 Annual Report
Company: Bank of the Bahamas Ltd
Sector: Finance & insurance
Country: Bahamas
Year: 2016
Type: Annual Report
Pages: 76
The report describes Bank of The Bahamas' 2016 transformation program, including governance, risk-management, operational and cost-optimization initiatives. It reports a planned $40 million capital injection to address Tier 1 capital deficiencies and highlights extensive community sponsorship, charitable donations and environmental-preservation support. Financially, the report states that total revenue was $50.0 million for the year, while the Bank continued working toward sustainable profitability.
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