Republic Bank
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| Public company | |
| Traded as | : |
| Industry | Financial Services |
| Founded | 1837 (as Colonial Bank), Trinidad and Tobago |
| Headquarters | Port of Spain, Trinidad and Tobago |
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Key people
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David J. Dulal-Whiteway, Managing Director Nigel M. Baptiste, Executive Director |
| Products | Financial services |
| Total assets | $57.5 billion TTD (2013) |
| Website | http://www.republictt.com/ |
Republic Bank is a bank and financial service provider in Trinidad and Tobago and one of the largest in the Eastern Caribbean. It has branches in Grenada, Guyana, Barbados, and offshore banking operations incorporated in the Cayman Islands. Formerly a division of Barclays Bank in Trinidad and Tobago,
The forerunner of Republic Bank, Colonial Bank was established on 15 May 1837 by Royal Charter. John Irving MP was the first chairman. Colonial Bank was reported to have a "virtual monopoly" on banking in nineteenth century Trinidad.
In 1909 The Colonial Bank established a branch on High Street, San Fernando.
On 1 April 1972, Barclays DCO became Barclays Bank International Limited. The local operation changed its name to Barclays Bank Trinidad and Tobago.
In the 1970s, with pressure for local control of the banking industry, Barclays Bank began a process of divestment of shares. In 1977 Barclays Bank Trinidad and Tobago sold the majority of its shares locally. This prompted another name change, to Republic Bank Limited, on 1 April 1981.
In addition to its main banking operations in Trinidad and Tobago, Republic Bank has the following subsidiaries
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