Trinidad’s Republic Bank yesterday expressed disappointment at a decision by the Bank of Guyana (BoG) to deny its bid to acquire Scotiabank here.
In a statement yesterday, President and CEO of Republic Financial Holdings Limited (RFHL), Nigel Baptiste, said, “While this development is disappointing, we do not dwell on disappointment. As a group, we remain fully engaged and committed to supporting the nation of Guyana through our operations there, as well as toward ensuring the success of all activities for which we have received the requisite regulatory approvals, under the proposed BNS acquisition. We appreciate the Bank of Guyana’s acknowledgement of the value of our longstanding role in the development of Guyana’s financial landscape and our continued contribution to the financial sector”.