Dec 2013 Financial News

Republic Bank's Guyana profits up

Dec 11, 2013

Republic Bank (Guyana) Limited reported a net profit after taxation, for the year ended September 30, of Guy$2.35 billion, up from the 2012 figure of Guy$2.01 billion, according to third quarter (Q3) results released December 2. The company's earnings per share (EPS) rose from 6.71 to 7.85 year (2013) on year (2012), and from 1.57 to 2.11 quarter (Q3 2013) on quarter (Q3 2012). The bank holds Guy1.36 billion in cash, Guy$39.71 billion in treasury bills, and Guy$5.2 billion in premises and equipment.

The bank's balance sheet boasts total assets of Guy$132.53 billion and total liabilities of Guy$120.35 billion. Guyanese customers have Guy$117 billion in chequing, saving and deposit accounts.


Source:
Trinidad Guardian
Wednesday December 11, 2013

http://www.guardian.co.tt/business/2013-12-11/republic-banks-guyana-profits