Republic Bank (Guyana) Limited’s half-year after tax profit has risen this year by a whopping 42.7% compared to last year.
This is according to the bank’s unaudited half year financial statements published in yesterday’s Stabroek News.
In his statement, Chairman of the Bank, Nigel Baptiste said that the institution recorded an after-tax profit of $3.268b for the half year ended March 31st, 2024. This reflected an increase of $978m or 42.7% when ranged against last year’s figure of $2.29b.