Looking Beyond the Horizon

Looking Beyond the Horizon

Caribbean

Jamaica's NCB is also looking for growth opportunities. Trinidad & Tobago's financial industry is in ferment. Recently, insurance company Guardian Holdings launched a TT$400 million ($63.8 million) rights issue, Royal Bank of Trinidad & Tobago (RBTT) has expanded into Central America and the republic won an upgrade to A- from Standard & Poor's. New York investment banks have largely turned their backs on the region. But Trinidadian firms – as well as a handful from Barbados and Jamaica – are on the acquisition trail. In 2003, RBTT stepped into the Spanish-speaking Caribbean with its purchase of the Dominican

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