Republic Bank in Trinidad says it has received the green light from the regulatory authorities in Barbados to make an offer to purchase the remaining shares for Republic Bank (Barbados) Limited.
Republic Bank controls 65.14 percent of the shares of the Barbados subsidiary. It had originally acquired 57 percent of the shareholding in Republic Bank (Barbados) in 2003.
In a statement, Republic Bank said that approval for acquiring the remaining shares had been given by the government of
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