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But the big driver for us and what we feel has been enabling us to meaningfully move down our SCB towards the 5% area that we've been discussing is really attributable to the on-balance sheet investments.
Still, despite the muted performance of SCB tokens, fundamental usership was strong as daily active addresses across all SCBs grew 8% from 4.3M to 4.7M.
The Securities Commission of the Bahamas (SCB) – the Caribbean nation’s financial regulator – did not immediately reply to a request for comment.
Source: https://www.insurancejournal.com/news/national/2023/01/04/701644.htm
“We are grateful for the chance to partner with SCB so that we can help more young entrepreneurs in our Bicol branches through the Futuremakers Project.
Source: https://business.inquirer.net/430074/women-microentrepreneurs-in-bicol-get-postpandemic-lifeline
We're also very happy with our performance on this year's CCAR with the calculated stress capital buffer well above the 2.5% minimum, resulting in a continued preliminary SCB at the floor.