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GBTI, Demerara Bank, establishing new branches on East Bank Demerara
Before year-end, residents on the East Bank of Demerara are likely to be able to enjoy the services of two major commercial banks without having to travel far from their homes.
Officials of the Guyana Bank of Trade and Industry Ltd. (GBTI) and Demerara Bank, have confirmed that they are establishing new branches at Diamond New Scheme.
Construction has already begun on both projects, they are located near the East Bank Demerara public road.
A GBTI official told Kaieteur News that pile-driving has started and the foundation is expected to be completed in six weeks. He anticipates that the entire project will be completed within 16 months.
And a Demerara Bank Ltd. official said yesterday, that the new branch will be a “state of the art” building with the full complement of banking services.
B.K International is constructing the structure which is likely to be completed before year-end.
Demerara Bank Ltd. already has branches in Georgetown, Berbice and Essequibo, while GBTI has a network of eight branches countrywide, including one on the East Bank of Demerara.
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