‘Sand Dollar’ Isn’t Taking Off in Bahamas; Central Bank Tightens the Screws

‘Sand Dollar’ Isn’t Taking Off in Bahamas; Central Bank Tightens the Screws

Voluntary measures have failed. The Central Bank of the Bahamas directed commercial banks to expedite the adoption of the country’s official digital currency, signaling a shift from encouragement to enforcement. Known as the “Sand Dollar“, the digital currency of the Bahamas was launched officially in an attempt by financial authorities to enhance transparency and boost […]

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CFAL to facilitate Bahamas Grid Company bond offering

CFAL to facilitate Bahamas Grid Company bond offering

NASSAU, BAHAMAS — Colina Financial Advisors Ltd. (CFAL) has announced that it is facilitating a bond offering for Bahamas Grid Company Ltd. The company, formed to work alongside Bahamas Power and Light (BPL), aims to upgrade and maintain the transmission and distribution system on New Providence (the T&D System). The bond offering commenced on Monday, […]

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