Banks and other financial institutions Related Links: Globe Trust Letters Menu Archival Menu Republic named best emerging bank again April 28, 2007 GBTI after-tax profit up 51% March 22, 2007 GBTI records $506M profit March 21, 2007 Providence confidence March 16, 2007 Republic Bank to open new state of the art branch February 28, 2007 Scotiabank unveils 'full' ABM connectivity February 12, 2007 Citizen's Bank assets grow from $15.8B to $17.7B January 19, 2007 Credit Unions should be supervised by the Bank of Guyana July 16, 2004 Public service credit union seeking to write off $55.6M in bad loans July 12, 2004 Lending agency finances $76.8M in first year June 29, 2004 Regulating cooperative credit unions March 2, 2004 NBIC reports sharply higher profits December 9, 2003 Numerous loan-collateral properties selling by auction December 8, 2003 Showing flexibility November 11, 2003 GBTI re-commissions state-of-the-art Regent Street Branch November 7, 2003 Increased taxes on bank earnings will hurt businesses October 31, 2003 GBTI sets aside $1B for ‘quality lifestyle’ loans October 30, 2003 New co-op officer to tackle credit union breaches October 13, 2003 Banks must ‘flex’ on low-income home loans -Baksh July 4, 2003 New Building Society Limited (NBS), December 31, 2002 June 15, 2003 NBIC works to absorb 90,000 GNCB customers May 19, 2003 GBTI records $171M profit April 29, 2003 On the Line: Demerara Bank Limited, September 30, 2002 April 27, 2003 NBS makes record profit despite national constraints April 23, 2003 Republic Bank appoints first woman to board in 17 years April 14, 2003 Development bank cleared for equity participation April 10, 2003 Citizens Bank Guyana Inc April 6, 2003 Guyana Public Service Cooperative Credit Union March 28, 2003 GBTI announces higher profits March 27, 2003 NBIC/GNCB integration process should be completed within next eight weeks March 23, 2003 Severance payments to GNCB staff begins March 22, 2003 NBIC acquires GNCB March 16, 2003 GNCB finally privatised March 16, 2003 GBTI donates to service organisations March 16, 2003 MOU signed for GNCB merger March 13, 2003 Public Service Credit Union March 11, 2003 Profits climb 37% at Citizens Bank February 28, 2003 Public Service Credit Union accounts February 24, 2003 Public Service Credit Union February 23, 2003 Credit Unions February 20, 2003 Public Service Credit Union February 16, 2003 Banks change Friday opening hours February 4, 2003 GNCB staff reject $170M severance offer January 31, 2003 GNCB employees want word on severance terms January 29, 2003 Globe Trust can be viable in about two years - Plummer January 26, 2002 Government plans to buy remaining GNCB shares December 22, 2002 GNCB reports losses of G$515M for 2001 December 15, 2002 GNCB Trust could become commercial bank following sale to Hand-in-Hand December 11, 2002 Hand-in-Hand group registers $29.1M surplus December 6, 2002 Hand-in-Hand set to take over GNCB Trust November 28, 2002 Deposit agreement for GNCB signed November 27, 2002 Development Finance Ltd diverts to Suriname November 17, 2002 Central Bank reports economy performed significantly better November 15, 2002 NBIC's $2.7B bid for GNCB approved November 14, 2002 Central Bank reports economy performed significantly better November 13, 2002 NIS registered $6.8B income in 2001 September 30, 2002 Youth Business Trust scores high September 24, 2002 Central Bank confirms 2001 growth in economy August 11, 2002 Liquidity in commercial banking sector high - Sharma April 16, 2002 The Financial Institutions Act under the microscope April 7, 2002 Tougher for banks March 2, 2002 Demerara Bank profit down by $35 million February 28, 2002 Citizens Bank increases profit to $111 million February 28, 2002 Merchant Bank to open up new vista for business financing June 27, 2001 Guyana's first merchant bank launched June 27, 2001 Development Bank status mooted for IPED October 19, 2000 Unit Trust forecasts 40% returns this year April 22, 2000 Plans moving apace for private sector development bank April 6, 2000 Banks rose to challenges March 13, 2000 Commercial banks rack up over $18B in bad debts December 22, 1999 The Financial Institutions Act - Help or Hindrance? December 5, 1999 Deliver concept paper on development bank October 12, 1999 The Non-Bank Cambios and the Private Sector October 3, 1999 If you do not see the 'Guyana: Land of Six Peoples' drop-down menu on the left then please click here to enter through the front door which will give you additional options and information.