REPUBLIC BANK ANNUAL REPORT 2015 - page 55

Annual Report 2015
53
RepublicBank(Guyana) Limited
Established in 1836, Republic Bank (Guyana) Limited is one of
Guyana’s longest-serving institutions and is a recognised leader
in the provision of financial services. Over the past year, the Bank
has concentrated on growing its lending portfolio, with particular
emphasis on Small and Medium Enterprises. The Bank remains
committed to providing customised, efficient and competitively-
priced financial services, and maintaining a philosophy of social
investment in Guyana.
At September 30, 2015, Republic Bank (Guyana) Limited’s equity
base stood at US$74.1 million and asset base at US$692.8 million.
Registered Office
Promenade Court, 155-156 New Market Street,
North Cummingsburg, Georgetown, Guyana
Tel: (592) 223-7938-49
Fax: (592) 233-5007
SWIFT: RBGL GYGG
E-mail:
Webite:
Managing Director
Mr. Richard S. Sammy is an outstanding banker with significant
experience in corporate and investment banking. He previously
served as the Regional Manager, Corporate Business Centre –
South and Regional Manager, Investment Banking Division at
Republic Bank Limited, Trinidad. Prior to joining Republic Bank
Limited, he served as Senior Manager, Business Development at
Sagicor Merchant Limited and Risk Manager, Deals Management
and Regional Manager, Capital Markets at RBTT Merchant Bank
Limited. Mr. Sammy holds an MBA from the Warwick Business
School in the United Kingdom and a Bachelor of Science Degree
(Hons.) in Management Studies from the University of the West
Indies, St. Augustine.
He is well-respected in the banking field and continues to provide
excellent leadership to the Republic Bank (Guyana) Limited team
since assuming the position of Managing Director on July 1, 2015.
RepublicBank(Suriname)N.V.
On July 31, 2015, Republic Bank welcomed Republic Bank
(Suriname) N.V. into its expanding financial Group. Republic Bank
acquired RBC Royal Bank (Suriname) N.V. from RBC Financial
(Caribbean) Limited, through the purchase of Royal Overseas
Holdings (St. Lucia) Limited. The Suriname bank has a network of
five branches in the capital of Paramaribo and one in Nickerie, and
assets of approximately US$523 million (as at October 31, 2014).
Registered Office
Kerkplein 1, Paramaribo
Tel: (597) 471555
Fax: (597) 425709
E-mail:
Webite:
Managing Director
Gloria Anthony, Managing Director, Republic Bank (Suriname)
N.V. is a career banker with extensive experience in Corporate and
Retail Banking. During the last fifteen years she has performed in
key Senior Managerial positions in the Parent Company including
Corporate Manager, Area Credit Manager, Regional Sales manager
and General Manager Commercial and Retail Banking. She
previously sat on the boards of Bank of St. Lucia Limited, and G4S
Secure Solutions Services, Trinidad and is currently a director of the
Board of the Caribbean Association of Banks. Mrs. Anthony holds
a Master’s Degree in Business Administration from Heriot-Watt
University in the UK and an Associate Degree in Banking from the
IFS School of Finance, UK. She is a member of the Energy Chamber
of Trinidad and Tobago, the American Management Association
and an Associate of the Chartered Institute of Bankers.
HFCBank(Ghana) Limited
InMay, 2015, following a successful offer to the Shareholders of HFC
Bank (Ghana) Limited, Republic Bank increased its shareholding in
HFC Bank to 57.11%. This gave Republic Bank majority ownership.
HFC Bank (Ghana) was licensed as a commercial bank in 2003 and
today operates 42 branches throughout Ghana, providing a wide
range of banking services, including mortgages and real estate
services, commercial banking, investment banking, microfinance,
private equity and venture capital fund management.
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