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S&P maintains BBB+ rating for Bahamas

International credit rating agency Standard & Poor's (S&P) has maintained The Bahamas’ credit rating of BBB+, with the same stable outlook. Credit Analyst Olga Kalinina has said that major fiscal issues are being addressed, and the tourism and other investment projects provide good prospects for maintaining a stable outlook. 

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TheBahamasInvestor.com
Tuesday, May 24, 2011
Tuesday, May 24, 2011

International credit rating agency Standard & Poor’s (S&P) has maintained The Bahamas’ credit rating of BBB+, with the same stable outlook.

Credit Analyst Olga Kalinina has said that major fiscal issues are being addressed, and the tourism and other investment projects provide good prospects for maintaining a stable outlook. For more on this story visit the Bahamas Financial Services Board (BFSB) website.

A select group of exceptional students at The College of The Bahamas (COB) are set to attend the Nassau Conference to be held June 15, at the British Colonial Hilton, Nassau. The event, now in its sixth year, will be addressing the topic of Wealth Management: Navigating Our Future.

A leading asset manager has suggested a diversified portfolio with the emphasis on low volatility is the best strategy given the current global economic environment. Speaking at a luncheon held by the Chartered Financial Analysts Society of The Bahamas in Nassau, Micheal Kearns, regional director, Americas, of global asset management company Permal said certain key factors will mean economic recovery will remain slow.

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