Trinidad and Tobago

Awards of Excellence
Latin American regional awards

Best Bank: Republic Bank Best Debt House: Citi

Republic Bank’s net profits for the first quarter of its 2007 financial year were $36.3 million, an increase of 46.2% on the previous year. Its total tier 1 capital amounted to $558 million, a rise of 9.15% , and its total assets added up to $5.73 billion, 7.5% higher. The bank, which has a 170-year history in Trinidad and Tobago and is one of the largest in the Caribbean, had a return on equity of 21.24%.

It has committed $7 million between 2004 and 2008 to social development projects, under an initiative called the Power to Make A Difference, through outreach events, sport, culture, poverty alleviation, education, and entrepreneurship.

The bank has a programme of customer feedback panels, which improve its customer relationships and enable it to make its service offerings more relevant.

In January this year, it launched its internet...