{"id":6843,"date":"2011-03-04T09:23:09","date_gmt":"2011-03-04T14:23:09","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=6843"},"modified":"2011-03-04T09:23:09","modified_gmt":"2011-03-04T14:23:09","slug":"firstcaribbean-market-capitalisation-drops","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2011\/03\/firstcaribbean-market-capitalisation-drops","title":{"rendered":"FirstCaribbean Market Capitalisation Drops"},"content":{"rendered":"<p>FirstCaribbean International Bank (Bahamas) has seen its market capitalisation cut by more than $590 million or one-third during the recession, with its impaired loan portfolio expanding by 17.7 per cent or $57.5 million during its 2010 financial year.<\/p>\n<p>The bank&#8217;s annual report for the year to end-October 31, 2010, disclosed that FirstCaribbean&#8217;s market capitalisation hit $1.17 billion at that date, a decline of some 33.5 per cent from the pre-recession high of $1.761 billion achieved at year-end 2007.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With its market capitalisation in decline, FirstCaribbean International Bank (Bahamas) plans to convert investments, technology and systems into sustainable sources of profitability.<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[83,98],"class_list":["post-6843","post","type-post","status-publish","format-standard","hentry","category-business","tag-banks","tag-financial"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/6843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=6843"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/6843\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=6843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=6843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=6843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}