Republic Bank - Who's Who in Trinidad and Tobago Business

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As one of the most successful indigenous banks in the Caribbean with over 170 years of service to the people of the region, Republic Bank consistently attains success, demonstrates outstanding results and maintains its position as a regional financial leader.

In adopting a multi-tiered, holistic and customer-centric approach to improving shareholder return, Republic Bank has been able to maintain its increasing profitability year-on-year as well as an acceptable asset growth rate.

In this highly competitive industry Republic Bank has taken strategic steps toward increasing revenue, market share and efficiency, while reducing costs as it maintains its focus on the bank's vision.

The Republic Bank Group's total asset base is currently US$6.7 Billion (TT$41.6 Billion) as at the year ending September 2008; Republic Bank recorded a profit after tax and minority interest of US$193.9 Million (TT$1.204 Billion), which represents a 10% percent decrease over the previous year's performance. Core profit before tax has however increased from US$212 million (TT$1.314 million) last year to US$249 million (TT$1,546 million), an increase of 17.7% over last year.

Republic Bank believes in the philosophy of individuals and corporations using their resources to make a positive difference in the communities that they serve, underscoring the community's vital role in the foundation of a country.

Through its flagship social investment programme, the Power to Make A Difference organisation, the bank has made an initial five year, US$6.44 million investment into communities in Caribbean countries.

As Republic Bank collaborates with individuals and groups in the diverse communities, it strives to promote self-sufficiency, working towards the future with a keen focus on youth empowerment through education, culture and sport. The bank also addresses poverty alleviation and senior citizen care.

From music literacy and sports scholarships to business development and empowerment of the elderly and indigent, Power to Make A Difference addresses social growth using three main avenues - The Power to Care and Help, The Power to Learn and Achieve and the Power to Succeed.

Now in its fifth year, Power to Make a Difference has enjoyed phenomenal success and has set a precedent for corporate social responsibility in Trinidad and Tobago, whence it has its origins, as well as in of Barbados, Grenada and Guyana, where the bank has business operations.

Republic Bank Limited is the parent company of the Republic Bank Group, which includes the following subsidiaries:

Trinidad and Tobago

Republic Finance & Merchant Bank Limited

Republic Securities Limited

Republic Investments Limited

Grenada
Republic Bank (Grenada) Limited

Guyana
Republic Bank (Guyana) Limited

Cayman Islands

Republic Alpha Limited

Republic Bank (Cayman) Limited

Republic Insurance Company (Cayman) Limited

Barbados
Republic Bank Trinidad and Tobago (Barbados) Limited

Barbados National Bank Inc.

St. Lucia

Republic Caribbean Investments Limited

Republic Bank currently employs over 4,600 highly trained people throughout the Caribbean, who are led by a team of experienced and qualified career bankers with impressive records of accomplishment in Caribbean finance. Ever mindful of the future, Republic Bank is poised for steady growth, seeing both significant social development and wealth creation opportunities for the Caribbean and translating them into tangible returns for all stakeholders, the nation and the region.