
Gowon Bowe
Gowon Bowe is the Chief Executive Officer of Fidelity Bank (Bahamas), where he has been instrumental in steering the bank towards achieving a target profit of $20 million for the fiscal year 2025. Under his leadership, the bank reported an increase in profits despite facing challenges such as a decline in new loan growth and changes in government policies affecting competition. Bowe has emphasized the importance of rehabilitating previously delinquent loans to foster growth, reflecting a commitment to sound banking practices and financial responsibility among Bahamians.
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Recent news mentions
Gowon Bowe, Fidelity Bank (Bahamas) chief executive, emphasized the need for a cultural change in Bahamian saving and borrowing habits.
‘No cause for panic’ over 27% points off-peak credit
Gowon Bowe, Fidelity Bank’s chief executive, criticized the Davis administration’s decision to remove VAT from unprepared food.
Bank chief slams Davis over ‘uninformed’ food vat removal
Gowon Bowe is the chief executive of Fidelity Bank (Bahamas).
IMF raises Bahamas’ growth, calls for income tax, 15% VATGowon Bowe, Fidelity Bank (Bahamas) chief executive, co-chairs the steering committee overseeing the cheque initiative.
Cheque printers: ‘They’re just nicking us to death’Gowon Bowe, Fidelity Bank (Bahamas) chief executive, co-chairs the steering committee overseeing the cheques initiative.
‘Happy medium’: Maximum cheque value limits unveiled
Gowon Bowe, Fidelity Bank (Bahamas) chief executive, is leading efforts to recover lost ground and achieve profitability.
‘All hands on deck’: Fidelity catch-up bid for $18m profitGowon Bowe, Fidelity Bank (Bahamas) chief executive, spoke about the need for a relationship-oriented approach in account opening.
Banks told: End ‘check box’ approach to new accountsGowon Bowe, Fidelity Bank (Bahamas) chief executive, demanded an end to the finger pointing over The Bahamas’ affordable housing shortage.
End ‘finger pointing’ on housing shortage
Gowon Bowe, Fidelity Bank (Bahamas) chief executive, suggested that the inventory of available residential dwellings means there is no housing shortage.
Minister says 95% of vacant housing unfit for Bahamians Body
Gowon Bowe, Fidelity Bank (Bahamas) chief executive, warned that the mortgage market will remain subdued unless distressed properties are addressed.
Mortgage applications fall to peak COVID-19 levelsGowon Bowe, Fidelity Bank (Bahamas) chief executive, told Tribune Business that returning to these properties to 'productive' use and occupation will deliver far greater benefits for a Bahamian economy and society.
‘No homes shortage’ with 25,000 vacant dwellings
Gowon Bowe, Fidelity Bank (Bahamas) chief executive, cautioned that while The Bahamas’ improved GDP growth forecast is positive, it remains a prediction and not an actual outcome.
‘Even stronger growth’ call as IMF upgrades BahamasGowon Bowe, Fidelity Bank (Bahamas) chief executive, is challenging the Government's fiscal accounting practices.
Concerns voiced on fiscal 'cherry-picking'
Gowon Bowe, Fidelity Bank (Bahamas) chief executive, hailed the credit rating upgrade as a step towards achieving investment grade status.
Bahamas warned: ‘Don’t get carried away by S&P move’Gowon Bowe, Fidelity Bank (Bahamas) chief executive, argued that achieving the Government’s forecast surplus is more a 'bonus' rather than a target that must be hit.
S&P: Budget surplus miss if no further fiscal reforms
Gowon Bowe is the chief executive of Fidelity Bank (Bahamas).
FOCOL targets ‘largest ever B$ financing deal’Gowon Bowe, Fidelity Bank (Bahamas) chief executive, commented on the government's fiscal predictions and their impact on investor credibility.
PM’s deficit storm is ‘tempest in tea cup’Gowon Bowe, Fidelity Bank (Bahamas), warned against commercial lenders sparking credit 'bubbles' by issuing loans that fail to reflect the borrower's true credit risk.
Credit ‘bubble’ fear on consumer loan termsGowon Bowe, Fidelity Bank (Bahamas) chief executive, expressed concerns about the Government's fiscal data credibility.
April’s $137.5m swing ‘shakes confidence’ in Gov’t fiscal dataGowon Bowe, Fidelity Bank (Bahamas) chief executive, commented on the Government's bond conversion plans.
‘Nothing exotic’ on $373m one-year bond conversion
Gowon Bowe, Fidelity Bank (Bahamas) chief executive, understood that the VAT reforms were designed to crack down on wealthy homeowners using companies as fronts for multi-million residential projects.
VAT reforms ‘direct tax’ on business expansionGowon Bowe is the chief executive of Fidelity Bank (Bahamas) and a former Fiscal Responsibility Council member.
March shows Gov’t likely to miss full-year revenue
Gowon Bowe, Fidelity Bank (Bahamas) chief executive, discussed the implications of the Government’s $1.067bn bond refinancing.
‘Monumental’ $1.067bn bond generates ‘best deal’ questionGowon Bowe, Fidelity Bank (Bahamas) chief executive, warned that achieving the government's debt reduction goals will not be easy.
PM: Rating goal ‘ambitious’, may be longer than 3 years
Gowon Bowe, Fidelity Bank (Bahamas) chief executive, told Tribune Business that the Conveyancing and Law of Property Act reforms create 'a bit of a dangerous scenario for banks to be in without having perfected collateral' for mortgage lending.
'Bit of danger' for banks on conveyancing reform
Gowon Bowe, Fidelity Bank (Bahamas), explained the proposed VAT Act changes and their implications for construction projects.
'Cloak and dagger' Budget backfires over VAT reclaimGowon Bowe, Fidelity Bank (Bahamas) chief executive, warned that the government's strategy for reducing debt servicing costs has yet to be fully articulated.
Bahamas junk exit needs 'massive debt reduction'Gowon Bowe, Fidelity Bank (Bahamas) chief executive, suggested that the nine-month data indicates the Government's total revenue income was likely to under-shoot the full-year target.
Three-month $364m surplus gives PM deficit confidenceGowon Bowe, Fidelity Bank (Bahamas) chief executive, found the 'first-ever' Budget surplus assertion 'a bit overly optimistic'.
PM touts ‘first ever’ Budget surplus despite $373m cutGowon Bowe, Fidelity Bank (Bahamas) chief executive, expressed concerns about the Government's revenue goals.
‘Hard to understand’ how Gov’t will strike $3.9bn revenue goal













