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FINCO Limited (Bahamas)

Main Activities: Real Estate Credit | Financial Transactions Processing, Reserve, and Clearinghouse Activities
Full name: Finance Corporation of Bahamas Limited Profile Updated: May 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Finance Corporation of Bahamas Limited, located in Nassau, is a subsidiary of RBC Financial Caribbean, which was formed in June 2008 when the Royal Bank of Canada (RBC) acquired RBTT Financial Group (RBTT). RBC is a leading diversified financial services company in the Caribbean, offering personal and commercial banking, wealth management, corporate and investment banking, insurance, and trust and asset management services. Their clients include individuals, small businesses, general commercial entities, regional and multi-national corporations, and governments. With over 110 years of experience in the region, RBC provides customers with access to an expanded network of international financial services and a wider range of products. The company values its employees and their expertise in serving clients, working together to achieve their strategic goals and generate value and growth for shareholders.

Headquarters
Shirley Street 2Nd Floor, 101 East Hill Street, P . O. Box N 3038
Nassau; Nassau;

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Website: http://bisxbahamas.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
November 30, 1999
Key Executives
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Chairman
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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25%
Subsidiaries
Safeguard Insurance Brokers Limited
Company Performance
Financial values in the chart are available after FINCO Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BSD. Absolute financial data is included in the purchased report.
Net interest income
-9.02%
Operating profit (EBIT)
-47.4%
Net Profit (Loss) for the Period
-47.4%
Total assets
-3.35%
Total equity
-6.9%
Total Assets Trend
-3.01%
Net Interest Income Trend
-5.84%
Loans to Deposits Ratio
0.22%
Loans to Asset Ratio
0.32%

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