Press Releases

Port of Spain, Trinidad, May 13, 2015– Following a successful Offer to the Shareholders of HFC Bank (Ghana), Republic Bank is pleased to announce that it has increased its shareholding in HFC Bank to 57.11%. This gives Republic Bank majority ownership and makes HFC Bank the fifth banking subsidiary within the Republic Bank Group.

Port of Spain, Trinidad, May 19, 2015: Eight Primary Hindu Schools across the country assembled at the Don Miguel Road Hindu School in El Socorro on May 18, to participate in the 30th annual Baal Vikaas Vihaar School’s competition.

Staff of Republic Bank Limited, their families and the students from Queen’s Royal College, came together last Sunday ( May 17) in unity and repainted the entire 80x40 interior and exterior of the Autistic Society Headquarters in D’Abadie, as part of United Way’s Day of Caring.

Port of Spain, Trinidad and Tobago, Friday June 12, 2015: The Republic Bank Group has announced that it is planning to form a holding company, to be called Republic Financial Holdings Limited, effective October 1, 2015.

Port-of-Spain, Trinidad: April 30, 2015: The Republic Bank Group has recorded a profit attributable to shareholders of $ 572.7 million for the half-year ended March 31, 2015, an increase of 2.1% over the corresponding period last year. Total assets stood at $59.7 billion at March 31, 2015 an increase of 1.8% from March, 2014.

Port-of-Spain, Trinidad: April 1, 2015 – Today, Republic Bank Limited (RBL) announced plans to acquire RBC Royal Bank (Suriname) N.V. from RBC Financial (Caribbean) Limited, through the purchase of Royal Overseas Holdings (St. Lucia) Limited, at an estimated cost of US$39.8 Million. A Share Purchase Agreement, executed yesterday, signalled the commencement of a transaction that is subject to all regulatory and other customary approvals. The transaction is expected to be completed in the coming months.

Port-of-Spain, Trinidad, February 10, 2015:Over 300 corporate clients in the local business community, were challenged to maneuver and adjust their “sails”