Trinidad, Port of Spain: July 31st, 2015 – Republic Bank Limited has welcomed a new territory into the expanding financial Group. Republic Bank (Suriname) N.V. will begin operations on Monday (3rd August) having acquired RBC Royal Bank (Suriname) N.V. from RBC Financial (Caribbean) Limited, through the purchase of Royal Overseas Holdings (St. Lucia) Limited. This transaction closed today (Friday 31st July).
Press Releases
Republic Bank Open For Business In Suriname
Paramaribo, Suriname: August 3, 2015 – Today, Republic Bank (Suriname) N.V. opened the doors of its six-branch network in Paramaribo and Nickerie, having acquired the operations of RBC Royal Bank (Suriname) N.V. from RBC Financial (Caribbean) Limited, through the purchase of Royal Overseas Holdings (St. Lucia) Limited. The transaction was approved by the Central Bank of Trinidad and Tobago and the Central Bank of Suriname.
Republic Bank Invests $20 Million In NGO And CBO Causes
Port-of-Spain, Trinidad: January 19, 2015: In its drive to continue to “make a positive difference,” Republic Bank has renewed its commitment to some of this country’s groups and organizations, by pledging $20 million as part of the Bank’s Power to Make a Difference initiative. The programme which is in its 12th year was launched on Saturday January 17, at the Bank’s Head Office, on Park Street, Port-of-Spain.
Republic Bank Records $ 572.7 Million In Half-Year Profits
Port-of-Spain, Trinidad: April 30, 2015: The Republic Bank Group has recorded a profit attributable to shareholders of $ 572.7 million for the half-year ended March 31, 2015, an increase of 2.1% over the corresponding period last year. Total assets stood at $59.7 billion at March 31, 2015 an increase of 1.8% from March, 2014.