In Good Shape

In Good Shape

Bonds Structured Finance Trinidad & Tobago Corporate & Sovereign Strategy

Trinidad & Tobago’s Republic Bank ended the third quarter in good shape, with net profits increasing 8% over the last year, says managing director David Dulal-Whiteway. The bank’s loan portfolio is strong, while delinquency rates and non-performing loans are low, he explains. This is all good news in a banking system that has seen increased competition and low interest rates due to increased liquidity. With a healthy balance sheet, Republic is prepared for future growth. Though the commercial side of the business has seen a slowdown, Republic Bank has been able to continue lending because of strong liquidity and capital ratios that far exceed regulatory requirements. Meanwhil

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