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Bank of The Bahamas Report - BOB’s Performance Delivered Average Annual 24% Return on Investment for Government 1989-2013

18 Dec 2013 #Business News 60 views

A report, prepared for internal review as part of BOB’s reflection on its 25th anniversary, points to a bank that has enjoyed steady growth, won more awards than any other in the country, weathered recessions and built up capital reserves well in excess of those required by The Central Bank. Most dramatically, it shows that the government alone has earned an average annual rate of return of 24%, including increases in equity and rights offerings, for the period 1989 to 2013.

Bank of The Bahamas Report

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