June 19, 2013 9:05 PM ET

Commercial Banks

Company Overview of Republic Bank Limited

Company Overview

Republic Bank Limited provides personal, commercial, and corporate banking products and services. It offers deposit products, including savings and chequing accounts; and loan products comprising residential mortgages and credit cards, as well as consumer loans for buying a car, home improvement, children education, fixing up cars, making an investment, vacation, buying computer equipment and software, consolidating existing debts, buying appliances and furniture, and for meeting various expenses. The company also provides commercial business loans, commercial overdrafts, ordinary loans, amortized loans, commercial long term mortgages, US$ loans, letter of credits, and credit cards. In addit...

Detailed Description

Republic House

P.O. Box 1153

9-17 Park Street

Port of Spain,  

Trinidad & Tobago

Founded in 1837

Phone:

868-625-4411

Fax:

868-624-1296

www.republictt.com

Key Executives for Republic Bank Limited

Republic Bank Limited does not have any Key Executives recorded.

Republic Bank Limited Key Developments

Republic Bank Limited Declares Half Year Dividend for the Six Months Period Ended March 31, 2013, Payable on May 31, 2013

Republic Bank Limited announced that the board of directors has declared a half year dividend of $1.25 per share for the six months ended March 31, 2013, payable on May 31, 2013. Ex-dividend date is May 10, 2013. Record date is May 14, 2013.

Republic Bank Limited Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended March 31, 2013

Republic Bank Limited reported unaudited consolidated earnings results for the second quarter and six months ended March 31, 2013. The company reported profit before taxation of TTD 336,964,000, profit attributable to shareholders of TTD 267,468,000 against profit before taxation of TTD 358,970,000, profit attributable to shareholders of TTD 278,112,000 a year ago. For the six months, the company profit before taxation of TTD 739,006,000, profit attributable to shareholders of TTD 552,470,000 or TTD 3.45 per share against profit before taxation of TTD 744,386,000, profit attributable to shareholders of TTD 550,117,000 or TTD 3.45 per share a year ago. The performance for the current period was adversely impacted by an impairment charge of TTD 49 million for the recently defaulted Government of Grenada Bond, booked in accordance with IFRS. The recent upswing in credit demand and strong growth in other income have helped the group achieve a satisfactory half year performance.

Republic Bank Limited Reports Consolidated Earnings Results for the First Quarter Ended December 31, 2012

Republic Bank Limited reported consolidated earnings results for the first quarter ended December 31, 2012. For the period, the company reported profit before taxation of TTD 402,042,000 compared to TTD 385,416,000 for the same period a year ago. Profit after taxation was TTD 295,810,000 compared to TTD 288,856,000 for the same period a year ago. Profit attributable to shareholders was TTD 285,002,000 or TTD 1.78 per share compared to TTD 272,005,000 or TTD 1.71 per share for the same period a year ago.

Similar Private Companies By Industry

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 10, 2013
HFC Bank Ghana Limited
 

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