COMMITTED TO ECONOMIC GROWTH AND EXPANSION
RBTT Bank Limited has a long and impressive history in Trinidad and Tobago, dating back to 1902. We are one of the country’s leading banks, with 25 branches, complemented by a network of 88 ATMs, and supported by automated telephone and internet banking services.
We offer a comprehensive range of customised financial solutions to individuals, commercial and corporate entities, and the public sector. Our team of qualified professionals serves clients in the petroleum and energy sectors, manufacturing, construction, communications, tourism, agriculture and agro-industries.
FINANCIAL STRENGTH
RBTT Bank reported a profit before tax of TT$350.7 million for the year ended March 31, 2007, a 35 per cent increase on the previous year’s performance. This improvement was largely attributable to growth in core business earnings, which increased by TT$86 million or 9.1 per cent, fuelled by a TT$1.4 billion or 19.7 per cent increase in loans and advances.
BUILDING VALUE
The Corporate Banking unit serves the needs of the corporate customer locally and regionally, with a focus on the trade, energy and service sectors.
Commercial Banking serves the needs of our commercial clients through four strategically located commercial centres, which focus on customised financial solutions for start-up and medium-sized businesses.
Personal Banking provides installment loans, mortgages, credit card financing and savings products to individuals. The VIP/Private Banking unit provides personalised service to our VIP clients offering services from lending to investment.
INTERNATIONAL AWARDS
RBTT Bank was ranked top bank in Trinidad and Tobago by The Banker magazine in its ranking of Top 1000 World Banks in July 2007. In October of the same year, RBTT was named “Bank of the Year - Trinidad and Tobago” by LatinFinance magazine.
Also in 2007, sister company, RBTT Merchant Bank was awarded “Deal of the Year – Cost Rica” by The Banker magazinefor the US$100 million refinancing of the Rio General Hydroelectric Project in Costa Rica. RBTT Merchant Bank was also awarded “Best Power/Energy Deal” by LatinFinance magazine for the financing of a US$171 million loan to Hidroxacbal in Guatemala.
PROJECT RECAST
Project Recast will standardise our operations across all the territories in which we operate. This will include the re-engineering of our technological platform and the revamping of our processes to reduce customer waiting time and bring new and innovative products to market more quickly.
REACHING OUT TO OUR COMUNITIES
The RBTT objective of providing exceptional financial services has always been accompanied by a sense of social and community responsibility. Our approach to community building is guided by strategic interventions in youth development and the improvement of leadership capability, geared to facilitate sustainable growth and wealth creation.
Young Leaders is our flagship youth development programme and has received many local, regional and international awards including 10 Commonwealth Awards and the UNDO Roll of Honour 500. Its focus is community activity and development and encourages students to demonstrate care for their communities by helping others in need.
Hundreds of secondary school students participate in the Young Leaders programme annually, and the programme continues to evolve. In 2002, for instance, the Young Leaders Debates were introduced. The objective of this phase of our programme is to engage youth in intellectual debate and improve the level of dialogue in society.
St. Michael’s School for Boys: In 2007, we launched a three-year programme geared toward transforming the learning environment at the school and residence for abused, troubled and displaced boys. RBTT Bank not only donated computers to the institution but also provided computer training for the students and teachers, and introduced educational software to facilitate the boys’ learning.
The initiative, driven by the concepts of sustainability and building human capacity, was deemed critical in providing the boys with an opportunity to make a meaningful contribution to society.
Education Foundation: RBTT is also widely recognised for its efforts in education. The RBTT Education Foundation, founded specifically for the advancement of education in Trinidad and Tobago, has been contributing to the academic development of youth across the country since 1977. Over the years, the Foundation has assisted several individuals, schools and other educational institutions at primary, secondary and tertiary levels.
IMAGINE MORE
RBTT Bank is the flagship of the RBTT Financial Group, which operates in 13 Caribbean territories and comprises 10 licensed commercial banks and 34 companies including a merchant bank, a trust and asset management entity and a stockbroking company. The RBTT footprint extends from Jamaica in the north, to Suriname in the South, Barbados in the east and the Netherlands Antilles and Aruba in the west. We also have a representative office in Costa Rica.
February 2008 |
