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Republic Bank commissions another location
…investment illustrates confidence in the economy – Managing Director
The $1.3B facility
Republic Bank Guyana yesterday commissioned a spanking new branch located at Robb and Camp Streets.
The building, which has added to the décor of the environs, was completed at a cost of some $1.3B and is as a result of the influx of customers that began to overwhelm the other locations.
This is according to Managing Director of Republic Bank Guyana Edwin Gooding who noted that the move was also a testimony of the faith that the company had in the local economy and customer patronage.
“Also the fact that the bank is very confident that the economy is strong and it is a good place to invest in.”
He noted that this third location was also driven by the need to improve services to Guyana, noting that in the coming months the bank will make an inaugural move as it relates to new services offered by banks in Guyana.
The Managing Director also hinted at a very strong possibility of opening up another branch in the vicinity of the Takatu Bridge, citing the much tout about the influx of business in the area as a result of the bridge.
“We feel that that is a growing area; it is a way for the future.”
President Bharrat Jagdeo, who toured the facility prior to the commissioning and unveiling of the plaque, noted the fact that the bank’s investment is a very good indicator of the strength of the country’s economy.
He also used the opportunity to congratulate the bank for the constant improvement in infrastructure and services ever since its introduction to Guyana.
Chairman of the Board of Directors, David Dulal-Whiteway told the gathering at the official commissioning last evening that the facility has enhanced its 24 hour blue machine facility at that location and boasts the largest fleet of ATM machines at any single locale nationwide.
He hinted at plans to add more.
“We have invested in ourselves, our future, our customers, shareholders and of course the nation.”
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