Loans by the Guyana Bank for Trade and Industry for 2012 rose by 46.8% over the 2011 figure, driving its profit for the period up by 32% and the bank says it is gearing for stricter money laundering laws and compliance with the US Foreign Account Tax Compliance Act (FATCA).
The bank made a profit of $1.8B for 2012 compared to $1.3B in 2011. Its annual report for 2012