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Protest pressure builds on North Andros banking woe
from 06132023 BUSINESS
by tribune242
By FAY SIMMONS Tribune Business Reporter jsimmons@tribunemedia.net
THE MP for North Andros and the Berry Islands yesterday issued a “plea” for intervention to resolve his constituency’s banking crisis with pensioners now forced to fly to Nassau to access funds and conduct financial services business.
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Leonardo Lightbourne, addressing the House of Assembly during the 20232024 Budget debate, said:
“I would like to plead on behalf of the people of North Andros and the Berry Islands for an intervention and the presence of a local bank. An ATM (automatic teller) machine cannot meet the needs of the people. The North and Central Andros community needs a physical presence desperately.
“This is indeed a pressing issue that must be looked into urgently. Additionally, this is important to economic building and attracting investments in these islands. The people have suffered long enough and we need a bank now.”
Mr Lightbourne said the absence of a physical bank branch in his constituency has forced some pensioners to travel to Nassau to conduct transactions, slicing their fixed income in half.
Residents also frequently spend hours commuting to
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