Thursday, December 13, 2012

Trinidad & Tobago's Republic Bank expanding into Africa - acquires stake in a Ghanaian bank

Trinidad & Tobagos' Republic Bank has confirmed that it has acquired an 8.9 percent stake in HFC Bank in Ghana.

According to the Republic bank's CEO, Mr. David Dulal-Whiteway, this equity acquisition is part of the bank's strategy to expand into regions outside of its traditional Caribbean markets.

In a statement, Dulal-Whiteway said the investment in HFC will open up for Republic Bank’s local business clients, new opportunities to do business on the African continent. "Africa, and

More details here...

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