Last Friday, the Republic Bank (EC) Limited opened the doors of its branch in St. Vincent, following the acquisition of the operations of the Bank of Nova Scotia by Republic Financial Holdings Ltd.
The transaction has received all required regulatory approvals from the Eastern Caribbean Central Bank and the Central Bank of Trinidad and Tobago.
Managing Director, Republic Bank (EC) Ltd., Michelle Palmer-Keizer, said they are tremendously excited to open their doors in St. Vincent.
Palmer-Keizer says the recently appointed Republic – has a tradition of excellence and they look forward to continuing to build on this legacy -by partnering with the dynamic banking team in St. Vincent to deliver excellence in customer satisfaction, employee engagement and social responsibility.
The Bank, which has a strong international correspondent banking network, will make available to the St. Vincent market a wide array of products and services, as well as access to its wealth of banking expertise, including commercial and retail, as well as merchant and corporate banking.
The assets of the Republic Group stood at US$10,548 million – as at September 30, 2018. Over 182 years old, with a diverse network of 118 branches, in 17 territories and more than 5,900 employees, Republic Bank has launched several key initiatives, including being the first bank in the Caribbean to offer credit cards with Chip and PIN technology.