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Financial News

Jul 2015 Financial News

Republic Bank Limited - Notice to Shareholders

Jul 31, 2015

Notice Pursuant to Section 64(1) (b) of the Securities Act 2012

Further to the Notice published on 2nd April, 2015 pursuant to section 64(1)(b) of the Securities Act, 2012, Republic Bank Limited (“Republic Bank”) advises that on 31st July, 2015, it officially acquired 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$45.3 million.

Mrs. Gloria Anthony, General Manager of Commercial & Retail Banking has been appointed Managing Director of the subsidiary which is to be renamed Republic Bank (Suriname) N.V.

Jacqueline Quamina
Corporate Secretary/General Counsel

August 1, 2015

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Friday July 31, 2015