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Republic Bank (Guyana) reports profit

Last Updated on Saturday, 26 December 2015, 21:00 by GxMedia

(TRINIDAD GUARDIAN).-Republic Bank (Guyana) Limited reported a net profit after taxation, for the year ended September 30, of Guy$2.35 billion, up from the 2012 figure of Guy$2.01 billion, according to third quarter (Q3) results released December 2.

The company’s earnings per share (EPS) rose from 6.71 to 7.85 year (2013) on year (2012), and from 1.57 to 2.11 quarter (Q3 2013) on quarter (Q3 2012). The bank holds Guy1.36 billion in cash, Guy$39.71 billion in treasury bills, and Guy$5.2 billion in premises and equipment.

The bank’s balance sheet boasts total assets of Guy$132.53 billion and total liabilities of Guy$120.35 billion. Guyanese customers have Guy$117 billion in chequing, saving and deposit accounts.