Hand-in-Hand Trust Co saw profit of $20.1M for 2012

Hand-in-Hand Trust Cor-poration (HIHTC) registered a profit of $20.1M for 2012 which saw the writing off $63M of impaired investments as the business continued to address the loss of a large sum when the Allen Stanford empire collapsed.

In its financial statements published in the Guyana Chronicle of May 4, the company said that several initiatives