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Bahamas Development Bank Launches 50th Anniversary Celebrations  

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Nassau Bahamas, 3 March 2024- The Bahamas Development Bank (BDB) recently commenced its golden anniversary celebrations with special church services held at Freeport Bible Church and Golden Gates Native Baptist Church, in Grand Bahama and New Providence respectively. Both services marked the beginning of a year filled with commemorations of the bank’s 50 years of financial service and national development.

Bahamas Development Bank Managing Director, Nicholas Higgs, said, “As we launch our 50th anniversary celebrations, we are reminded of our journey fueled by an unwavering commitment to our country. As we look forward to the next 50 years and beyond, we remain dedicated to fostering economic growth, supporting local entrepreneurs, and building a prosperous future for The Bahamas.”

The New Providence service was led by Pastor Alonso Hinsey Jr., who serves not only as the senior pastor of Golden Gates Native Baptist Church but also as an executive at BDB. In his sermon, Pastor Hinsey emphasized the importance of trusting God and being trustworthy as two sides of the same coin.

“Trust is the foundation of any healthy relationship and our relationship with God is no exception. When we trust God, we believe who He says that He is, what He is going to do, and that He will do what He says He will do. We rely on Him to guide us, protect us, and to provide for us. Being trustworthy is just as important. When we are trustworthy, others can rely on us to keep our promises, can rely on us to tell the truth, and act with integrity.”

He referenced the story of God ordering Abraham to sacrifice his promised son Isaac.

“Trust is not easy when facing challenges. However, even in the midst of our doubts and fears, God is faithful and trustworthy.  When we are trustworthy, others know they can rely on us and that they will not be let down. When we are trustworthy, we are reflecting the character of God who faithful and true,” Pastor Hinsey added.

Hinsey also stressed that, “Trustworthiness is essential for building strong relationships and creating a just and harmonious society.”

The Bahamas Development Bank has been instrumental in providing financial solutions and expertise to Bahamian businesses and entrepreneurs, driving economic growth and sustainability across the country. The 50th anniversary marks a significant milestone in the bank’s history and will be marked by a variety of events, including community outreach initiatives, competitions, and celebrations that both reflect on the bank’s past accomplishments and outline its way forward.

Pastor Hinsey’s powerful message can be viewed at https://www.youtube.com/live/c0FxUErI65o?si=em2vTZ7AfPIZklNk.

 

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Bahamas News

Bahamas economic growth

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Rashaed Esson

Staff Writer

The Bahamas’ economy is in good standing according to reports from the Bahamas National Statistical Institute which released the Quarterly Gross Domestic Product Series. They indicate that quarterly GDP trends for 2023 saw increases compared to 2022, a sign of recovery from the Covid 19 pandemic.

The most significant increase was 9.9 percent in the first quarter of 2023, and the industries responsible for the growth include Accommodations and food, construction and Arts.

 

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Bahamas News

RBC appoints new Country Manager and Area Vice President for Turks & Caicos 

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RBC Royal Bank (Bahamas) Limited (“RBC”) is pleased to announce the recent appointment of Kerryl-Lyn King-Henry as Country Manager and Area Vice President (“AVP”), Personal and Commercial Banking, Turks & Caicos Islands (TCI).

In her new role as Country Manager and AVP, King-Henry will take on full responsibility for the bank’s operations, strategy, and development in the TCI market, with a strong focus on solidifying partnerships with the Government, regulatory bodies, and the local community.

King-Henry brings to the role a dynamism influenced by nearly 25 years of industry experience. Prior to her new appointment, she served as AVP of Business Banking in Trinidad and Tobago. She has held progressively senior roles within both personal and commercial banking, as well as various functional units.

King-Henry holds a Master of Business Administration (MBA) degree, with a specialization in Leadership, FinTech and Big Data Analysis, in addition to a Bachelor’s Degree in Business Administration. Further enriching her professional profile, Kerryl-Lyn is a certified John C. Maxwell Coach, Trainer, Teacher, and Speaker. Her passion for leadership and development is matched by her commitment to community service, as she actively volunteers her time and leverages her professional expertise to mentor and support others. “

Kerryl-Lyn’s extensive experience and proven leadership capabilities make her the perfect choice to lead our operations in the Turks & Caicos Islands,” said Ericka Rolle, RBC’s Managing Director and Vice President, Personal Banking, The Bahamas and TCI.

“Her commitment to excellence, combined with a genuine passion for community engagement, aligns perfectly with our Bank’s purpose of helping clients thrive and communities prosper. We are excited to see the positive impact she will undoubtedly bring to her new role,” she added.

 

 

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Get your laugh on, March On show coming to Turks and Caicos with box office at IGA Friday and Saturday

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Dana Malcolm 

Staff Writer 

After resounding success in the Bahamas, hit play ‘March On, The Story of Us’ has been inundated with requests to take their show on the road, and the first location they’ll be hitting is Providenciales Turks and Caicos with tickets on sale this weekend from May 3 to 5.

Magnetic Media spoke to Gea Pierre, playwright, who told us the TCI was a natural first choice for the cast and crew. 

“We started ‘March On’ in November 2023 and it was really an opportunity for us to tell a story, the story of the Bahamas and to encompass the nations that we have an amazing relationship with like the Turks and Caicos,” she continued “We really got a lot of people calling [for the play] from [the TCI], so much so we really had to pay attention.” 

The response to ‘March On’ at home and abroad was overwhelming.

“To say it went well is an understatement, even before we opened we got calls from Canada, from all over the US with people wanting us to come and perform.” 

And take the show on the road they did! Gea and her team have launched “March On: The Tour” and will be in Providenciales to perform on May 10th and 11th. It’s the first of a number of stops which include Nassau and several US locations. 

A ticket booth will be set up from today, Friday May 3 in the foyer of IGA grocery store beginning at 1 p.m. Friday and then again all day on Saturday, allowing residents to purchase with cash. 

Online tickets are available for purchase with credit cards. Then the full team returns on Friday, May 11 for the actual showing at 8 pm and their two showings on Saturday at 4pm and 8 pm. The venue is Brayton Hall, Providenciales under the patronage of Washington Misick, TCI Premier and First Lady Delthia Misick.

Describing the close familial relationships between the TCI and the Bahamas, for many on the crew it will be like coming home Gea told us, for others it will be a treat to visit for the first time, the places that their grandparents described. 

Tickets are only $60 for general seating and $75 for VIP seating. 

Gea maintained that the team wanted to keep the show as accessible to residents as possible.

As for why you should come out and see the play, other than the great price point:

“The way that people have responded to it is non stoplaughter, people have been moved to tears because there’s some emotion. It does not only lend to Bahamians. It’s a family drama, and anyone who’s ever been a part of a family is going to get something out of it, and something moving.”

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