Best Bank – Trinidad and Tobago: Republic Bank

Best Bank – Trinidad and Tobago: Republic Bank

Caribbean

“The bank has been conservative on a number of fronts including loan quality, loan underwriting, and liquidity management,” says Joseph Scott, banking analyst at Fitch.About 70% of Republic’s $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 RBTT’s 24 – give Republic a greater local retail presence. Republic is also more profitable, with an ROA of 3.34% and ROE of 25.98%, versus RBTT’s 1.24% and 11.39%, respectively, according to the banks themselves. The next 12 months could well be the period in

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