Sep 2016 Financial News

Republic Bank opens new branch

Sep 19, 2016

ALTHOUGH it has been in operation for the past two weeks, Republic Bank Ltd officially inaugurated its newest branch at the Southpark Shopping Centre on Saturday with a ribbon-cutting ceremony involving wine, cheese and economic hopefulness.

The Southpark branch is located at Lot #3, Michael Rahael Boulevard in Southpark, Tarouba, just behind the very conspicuous Toyota building.

According to Nigel Baptiste, Managing Director of Republic Bank Limited, Southpark’s branch is the fifth new branch opened by the company within the last two years, the second to last being opened last Monday in Rio Claro.

The branch is only physically new, however, as it is really a moving of the company’s Pointa- Pierre branch which closed earlier this year.

Baptiste related that the move was caused by growing concerns over health and safety due to the former branch being just across the road from Petrotrin’s Point-a- Pierre Refinery. “As the country and ourselves became more aware of health and safety concerns, on going issues with air quality continued to adversely affect both our staff and our clients,” Baptiste said.

“These concerns, coupled with a desire to enhance the overall experience of both stakeholders, eventually led to the decision and the actions that bring us here this evening.” Baptiste also said that the branch represents the company’s continued hope in the long term future of the Trinidad and Tobago economy.

Representing the San Fernando City Corporation, Alderwoman Vidya Mungal-Bissessar welcomed the Bank’s newest branch to the Southern City of San Fernando. “Your bank’s core values are very synonymous with what we at the City Council believe are our core values,” said the Alderwoman.

“We are very proud to have been invited to bring our greetings and best wishes. We look forward to an even stronger relationship with you,” Mungal-Bissessar said.

The bank’s two floors sit atop 1,500 square feet of land, has two internal staircases, an elevator and wheel-chair access for the differently-abled.

All was blessed by Fr Anthony Graham, a priest visiting from the Westminster Diocese in London. As part of the bank’s “Power to Make a Difference” programme, Baptiste announced the company’s intentions to form a long lasting relationship with the Mother’s Union Children’s Home. “Successful societies are not defined by the profits that you generate,” said Baptiste, “but by the lives that you enhance.” Chaired by Regional Sales Manager, Farook Hosein, the inauguration was also attended by Republic Bank’s Chairman, Ronald Harford, Executive Directors Derwin Howell and Roopnarine Oumade Singh, and a few of the bank’s loyal customers.

Source:
KWAME WEEKES
Newsday
Monday September 19, 2016

http://www.newsday.co.tt/business/0,233431.html