New Providence Securities Ltd., S.A. - Specimen Stock Certificate - Bahamas & Panama
Inv# SE2199 StockSpecimen Stock printed by American Bank Note Company. The Bahamas, officially known as the Commonwealth of The Bahamas, is an island nation in the Lucayan Archipelago of the Atlantic Ocean. While tourism is the dominant sector of its economy, the next most significant industry is banking and offshore international financial services, which account for approximately 15% of the country's GDP. The Bahamas is recognized as a major international financial center and has garnered attention for having the highest number of offshore entities or companies globally, as revealed by the Panama Papers.
Ranked as the fourth-largest tax haven worldwide by assets under management, The Bahamas is believed to hold around $13.7 trillion in private household wealth and an additional $12 trillion in corporate wealth sheltered in offshore shell companies. Together, these figures represent roughly a quarter of the world’s annual wealth creation. As of 2019, the offshore financial services sector contributed an estimated 20% to the Bahamian economy.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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