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Financial News

Aug 2022 Financial News

Republic Financial Holdings Limited - Merger of Subsidiaries within the Republic Group

Aug 30, 2022

Republic Financial Holdings Limited (RFHL) announces that its Board of Directors approved the merger of two (2) subsidiaries within the Republic Group, namely Republic Bank (Cayman) Limited (RBKY) and Cayman National Bank (CNB), subject to all regulatory approvals.

RBKY’s entire book of business will be transferred to CNB and upon the effective date of the merger, CNB will be the surviving entity and RBKY will no longer be a subsidiary within the Republic Group of companies.


Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday 30th August, 2022