• Home
  • Articles
  • SSBT’s owners lose yet another bid to regain bank license

SSBT’s owners lose yet another bid to regain bank license

Suisse Security Bank and Trust Company Limited has moved a step closer to full liquidation in the Bahamas following a recent court ruling.In a decision delivered on June 29, 2004 after one-and-a-half days of hearings, the Bahamas Court of Appeal unanimously dismissed what was essentially an appeal of an appeal by SSBT.