22 February, 2012
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Bahamas Develoment Bank
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Sunryse Shredding Services
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Lazy Hour Flyfishing Lodge
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Long Island Tile Supply
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Pure Crystal Water
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Supreme Electric
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Knowledge Base
- Why was the Bank established?
- What is the Bahamas Development Bank?
Why was the Bank established?
The Bahamas Development Bank was established to:-
Promote industrial, agricultural and commercial development;
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Facilitate participation in approved economic enterprises;
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Stimulate and enhance the economic development of The Bahamas;
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Provide financing for economically viable projects that:
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create employment
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utilize Bahamian materials and resources
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reduce imports and increase exports
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introduce new technology and skills
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promote prosperity for all Bahamians.
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What is the Bahamas Development Bank?
The Bahamas Development Bank is a government owned financial institution established by an Act of Parliament in August 1974. The Bank became operational in 1978.