Republic named best emerging bank again
Stabroek News
April 28, 2007
Republic Bank has been chosen Global Finance's (GF) 'Best Emerging Market Bank 2007' in Trinidad and Tobago for the fourth consecutive time.
The bank's Managing Director, David Dulal-Whiteway, in a press release said "Last year, when we won the award we knew that we could not rest on our laurels, because Republic Bank is based on a healthy tradition of continually improving on our success, and in the process set the industry benchmark." He said that it was an honour to have been selected for a fourth consecutive year; and a landmark achievement which represents the results of Republic's "on-going commitment to professional and service excellence; strategic regional acquisitions and increased profitability."
For 14 years, GF editors, with input from industry analysts, corporate executives and banking consultants, have selected the best emerging market banks in Latin America and in 18 countries around the world including Asia, the Middle East and Africa, Eastern and Central Europe. "Emerging markets are attracting increased attention as the global economy expands," Joseph D Girraputo, GF's publisher and president said. The New York-based international banking and finance publication said it identifies the banks that provide service to corporations seeking to take advantage of substantial opportunities for growth in a challenging environment. The publication uses a number of criteria such as growth in assets, profitability, strategic relationships, customer service, competitive pricing and innovative products to judge winners, the release said.