The content originally appeared on: ZNS BAHAMAS News Moody’s latest report on the Bahamas revealed that the Bahamian economy grew by 2.6% in 2023. Chief Executive Officer of Fidelity Bank Bahamas, Gowon Bowe recently commented on the report and what else The Bahamas can do to protect its reserves. He...

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The content originally appeared on: ZNS BAHAMAS News Moody’s latest report on the Bahamas revealed that the Bahamian economy grew by 2.6% in 2023. Chief Executive Officer of Fidelity Bank Bahamas, Gowon Bowe recently commented on the report and what else The Bahamas can do to protect its reserves. He said, “the banking system is dominating by three Canadian banks. Ultimately those banks have in excess of $800 million in reserves that is all foreign currency and if...

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