The Role of the Bahamas Development Bank in the Bahamian Economy

The Role of the Bahamas Development Bank in the Bahamian Economy Coursework example
Undergraduate
Coursework
Finance & Accounting
Pages 11 (2761 words)
Download 0
Running Head: THE ROLE OF THE BAHAMAS DEVELOPMENT BANK IN THE BAHAMIAN ECONOMY The Role of the Bahamas Development Bank in the Bahamian Economy Insert Name Insert Grade Course Insert Instructor’s Name 22 January 2011 Outline Introduction State of the Bahamian economy Financial Assistance and criteria for consideration Role in Equipment Acquisition Fiscal Support Role in Tourism Mobilization of Capital Resources Mobilization of Capital Resources The Role of the Bahamas Development Bank in the Bahamian Economy Introduction The growth of the economy of Bahamas owes a lot from the role played by the nation’s financial institutions such as the Bahamas Development Bank…

Introduction

State of the Bahamian economy Before exploring the role played by the Bahamas Development Bank in the Bahamian economy, it is imperative to look at the state of the Bahamian economy: its strengths and weak points before addressing how the Bahamas Development Bank plays a role in addressing these weak points. Being among the best offshore global banking centers, Bahamas has come up with a non-simple banking structure that caters for the services of both domestic and foreign investors. Both the central bank of Bahamas and the Bahamian international banks and Trust have a complete list of about 272 financial institutions that are legally mandated to conduct business with the public (US Department of Commerce, 1992, p. 40). The states in the Caribbean went through several challenges in 2004. ...
Download paper
Not exactly what you need?

Related papers

The Informational Role of Bank Loan Ratings: barclays libor manipulation
I also thank my cliques and friend for their support moreover my supervisor. TABLE OF CONTENTS Declaration 2 Dedication 3 Acknowledgement 4 Table of content 5 1.0. Abstract .6 2.0. Introduction 7,8 3.0. Literature Review 9,10,11,12,13 4.0. Methodology 14,15,16,17 5.0. Results 17 6.0. Discussion (including conclusions and recommendations 18, 19, 20 7.0. List of references 21, 22, 23 8.0. Appendices…
Role of participation in Social Movements in career development
Assessment about my suitability to jobs with reference to standards of performance set by companies has been very meticulous during interviews due to the nature of qualities required for and responsibilities attached to job. Positions in various departments called for superior talent under highly dynamic and competitive global environment. I have utilized training and orientation programs provided…
An investigation into the services provided by the National Insurance Board in the Bahamas
. 6 The Urgent Need for Reforms …………………………………………………. 7 The NIB Restructure Explained …………………………………………………. 11 The National Insurance Fund is not in a “Crisis” ……………………………….13 Personal Analysis of the NIB Services ………………………………………….14 Conclusion and Recommendation:…
Causes for the 2007-2008 Subprime Mortgage Crisis the role of mortgage-backed securities on the bank leverage
Limitations of the study 25 5. Implication of the Discussion 26 References 28 1. RESEARCH METHODOLOGY 1.1 Chapter Introduction Research is not just the process of gathering information but it is answering the unanswered questions or creating something which is not currently existing (Goddard and Melville, 2004). In simple words research refers to the search of knowledge. Thus it can be defined as…
The role of money in the macro economy
Importance of the study Money supply in an economy is closely linked to economic growth of the nation, unemployment, inflation in economy and interest rates prevailing in the banking system of the country. ECB (2011, p. 63) states “The volume of broad money in the economy is the result of the interaction of the banking sector (including the central bank) with the money-holding sector, consisting…
Bank Reserves and its Role on Money Supply
Ignoring this function is like assigning financial intermediaries merely a passive role in the financial system (FRBSF, 2001). In recent days, in the midst of the economical crisis, it has become more and more apparent that such a passive perception of banks is unwarranted. Also, the volume of broad funds in the financial system is due to the interaction of the banking system (counting the central…
Central bank
Low education levels as well as underdevelopment are also a common feature in these countries and thus making them depend on foreign labour. In a strive to improve their economy, the GCC countries have tried to diversify their economic activities after realizing that the natural resources are in the process of getting depleted and therefore inculcated capital intensive projects (Cobham & Ghassan…