Best Bank – Trinidad and Tobago: Republic Bank
Energizing the Base
After an unsuccessful foray into the Dominican Republic, Republic Bank has curtailed regional expansion plans and is focusing on Trinidad and Tobago. It sold its Dominican assets to BHD in October 2007 and has since greatly improved risk management.
The bank has been conservative on a number of fronts
including loan quality, loan underwriting, and liquidity
management, says Joseph Scott, banking analyst at
About 70% of Republics $6.30 billion in assets as of
April are in Trinidad. Its main domestic rival RBTT
acquired this year by Royal Bank of Canada claims assets
of $4.99 billion in its home market. More branches 39 to
RBTTs 24 give Republic a greater local...
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