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[*] posted on 14-3-2018 at 04:12 AM
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Republic Bank (Guyana) yesterday afternoon commissioned what is now its 11th branch in Guyana.The $560 million building sits at the new commercial plaza that has begun to take shape at the entrance to the Diamond Housing Scheme. The scheme which currently accommodates some 6000 house lots will yield the bank a market that is some 30,000 strong according to President Bharrat Jagdeo who delivered the feature address at the opening.In his address,Cheap Jerseys Wholesale, Chairman of the Board of Directors, Mr. David Dualal-Whiteway said ??We have built more than just a state-of-the-art branch,Wholesale NFL Jerseys, we have built a bridge? that connects the people of East Bank Demerara to their money and lifework, to their business and to us with the assurance that we will safeguard it.?President Bharrat Jagdeo commended the management and staff of the bank on their achievement and expressed his confidence that they will continue to provide the excellent service that the people of Guyana have come to expect.During his address, the President spoke of his belief that the company will have a special place in Guyana?s future. He focused on the bank?s Trinidadian heritage and its role in connecting Guyana and Trinidad.He discussed the possibilities for investments centered on Guyanese industries poised for growth and expansion by the capital rich private investors of Trinidad. He noted that despite the fact that Guyana has a growing private sector, and an aggressive one at that the private sector simply does not have the size to develop ?the projects of the future? as he termed them.President Jagdeo went on speak of investment opportunities in three areas that he felt would be of interest to Trinidad. The first was the petrochemical industry, since according to Jagdeo,NFL Jerseys Wholesale, ?It?s only a matter of time ?? till the industry is up and running.He then pointed to Trinidad with its well established industrial background in this area as a prime spot for recruitment and the supply of services and materials.The development of the Brazil-Guyana relationship was also cited as an investment opportunity. The President pointed out that the very fact that Guyana is seeking to push the borders of the Caribbean Community further South through this relationship will create an avenue that will let the CARICOM nations tap into a market that is several million strong.The possibilities were about more than just trade,Cheap Jerseys USA, and according to the President the integration will bring about greater access to our proposed hydroelectric power industry,Cheap Jerseys From China, ICT, transport and even port services.The President said that these were all areas where the Bank could play an important role as an intermediary between the investors and their investments. He also called on the Bank to push their service further out of town pointing out that there were many more Guyanese out there who would welcome easier access to their services.Construction of the bank began on March 22, last year and was completed on December 17,NFL Jerseys China, last. The bank has a staff of 15 led by Mr. Joel Singh, the Officer-In-Charge. The branch sports two ATMs and will offer the residents of the area all of the services offered by each branch.In recent years the bank has built branches in Georgetown, Vreed-en-Hoop and Anna Regina. It has also upgraded branches at Linden and Berbice.Mr. Dulal-Whiteway also said that there are East Coast Demerara and Lethem branches on the horizon.
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