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Daily Archives: November 27, 2018

Fire fighters to be charged in connection with stealing from crashed Fly Jamaica plane; advice pending for policemen implicated in theft of model planes

Four of the nine Guyanese fire fighters implicated in the alleged theft of items from a crash-landed Fly Jamaica plane, the Guyana Police Force said. “One of the firemen will be charged with simple larceny and the others with Having under their control articles reasonably suspected to have been stolen,” force spokesman, Superintendent Jairam Ramlakhan said. They are due to ...

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Guyana govt worried about Republic Bank’s potential market dominance

The Ministry of Finance is concerned about Republic Bank’s likely dominance of the banking sector, in the wake of Tuesday’s announcement of a buy-out of Scotiabank’s operations in Guyana and several other Caribbean countries. “The agreement raises a number of issues for the banking sector in Guyana and for the public which the Ministry of Finance, the Bank of Guyana ...

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PNCR eyes by-elections to take back Georgetown, Demerara constituencies from PPP

Ahead of the first meeting of the recently elected councillors, the People’s National Congress Reform (PNCR)-controlled A Partnership for National Unity (APNU) has hatched a plan to remove the People’s Progressive Party (PPP) councillors in Georgetown, East Coast and East Bank Demerara. For the first time, the PPP has been able to clinch so many seats – seven – in ...

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Republic Bank takes over Scotiabank’s operations in Guyana, other Caribbean countries

Port-of-Spain, Trinidad: Tuesday November 27, 2018 – Republic Financial Holdings Limited (RFHL) on Tuesday announced that it has entered into an agreement to acquire Scotiabank’s banking operations in Guyana and several other Caribbean countries. The other Scotiabank operations in the takeover are in St. Maarten and the Eastern Caribbean territories, including Anguilla, Antigua and Barbuda, Dominica, Grenada, St. Kitts and ...

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