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| Barbados Newsletter |
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Rumours of a merger between First Caribbean and RBTT
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First Caribbean International Bank has a very strong presence in Barbados and the Bahamas, whilst the Royal Bank of Trinidad and Tobago is very strong in the Trinidad and Jamaica, therefore a merger of these two banks would make them the most stable across the Caribbean region with a major stronghold in 4 countries.
If such a merger were to happen it would need the approval of the regulators in Barbados, Jamaica, Trinidad, Antigua and the Bahamas, which would be a lengthy process and could not happen overnight, therefore experts in the industry are not expecting anything to happen for at least another 6 months.
Additional Information:
April 25th, 2007
http://www.totallybarbados.com/barbados/Business/Barbados_Business_News/
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| Rumours of a merger between First Caribbean and RBTT Feedback |
Back to: Barbados Business News for 2007
Information Assumed Accurate On: Apr 25, 2007
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