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For decades Republic Bank has been engaged in making a difference in communities throughout Grenada. Our philanthropic programmes have been focused on developing the skills, talent and intellectual prowess of the people of Grenada and the Caribbean archipelago. Through our support of community outreach programmes, sport, culture, poverty alleviation, education and entrepreneurship we have continued to partner with individuals and groups in the communities in which we operate to promote self-sufficiency, development and hope for the future.

   

Current Press Releases
January - March 2012

Republic Bank donates Equipment valued at $70,000.00 to assist Blind and Visually Impaired Students
Republic Bank Supports Team Grenada for the Olympic Games 2012
Gregory Thomson Retires from Republic; Howell Appointed Executive Director
Republic Bank gives Babies the "Right Start"
Republic Bank Gives $19,440 and Commits $20,000 more to its UWI - Bursary Program
Republic Bank in full Support of Educational Development




Archived Press Releases
Republic Bank donates Equipment valued at $70,000.00 to assist Blind and Visually Impaired Students


Mrs. Vernice Morain receiving equipment from Keith Johnson of Republic Bank

St. George's, Grenada. March 30, 2012 - Republic Bank delivered on its promise to assist blind and visually impaired students to better cope with the challenges of living with blindness and low vision.

Under its Power to Make a Difference Programme, the Bank has donated to the Resource Centre for the Blind located at Park Estate, Perdmontemps, St. David, specialized equipment and stationery, valued at $70,000.00 (Seventy Thousand Dollars.)

On handing over the items to Mrs. Vernice Morain, the school's principal, the Managing Director of Republic Bank said:

"The Bank's donation of two (2) closed-circuit Televisions, six (6) Braille machines, One (1) photocopier/printer and 50 cartoons Braille Paper to the Resource Centre for the Blind, will hopefully help to improve the lives of the visually impaired student - and teachers, while at the same time, raise public awareness of persons among us who struggle with these challenges, day to day.

As a financial institution that cares, we are extremely gratified by the knowledge that these devices will bring even the smallest measure of relief to those who will benefit from them."


The Resource Centre provides educational support to students with special needs within the regular school system in an effort help them to contribute meaningfully to the social and economic life in their communities. The Centre adds to a growing list of institutions that have benefitted over the years from Republic Bank's Power to Make a Difference Programme.

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Republic Bank Supports Team Grenada for the Olympic Games 2012


St. George's, Grenada - March 02, 2012. Republic Bank has responded positively to the Grenada Olympic Committee's plea for assistance for Team Grenada, in its effort to win its first Olympic medal at the London Games 2012.

At a press conference held Friday March 02, 2012, the Bank pledged its commitment to the Grenada Olympic Committee in the amount of $50,000.00 (Fifty Thousand Dollars).

On making the symbolic presentation, Managing Director of Republic Bank, Keith Johnson, remarked:

"We are honoured to be given the opportunity, through our Power to Make a Difference programme, to contribute to the efforts of the Grenada Olympic Committee (GOC), in ensuring Grenada's participation at the London 2012 Olympics. One must acknowledge the tremendous lift in emotional and psychological well-being our nation experiences when our sons and daughters excel on the world's stage, particularly in the sporting arena.

We trust that our financial assistance to the Grenada Olympic Committee and Team Grenada will motivate other corporate sponsors and the general public to come on board, and we wish the GOC and Team Grenada success at this year's London Olympics."

The Bank's contribution is expected to assist with preparation of the team for the games - training, medical and physiotherapy services, medical insurance, clothing and equipment, among other requirements.

Republic Bank remains committed to the advancement and development of our youth, through sport and extends best wishes for Team Grenada's success at the Games.
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Gregory Thomson Retires from Republic; Howell Appointed Executive Director


Mr. Derwin M. Howell

Mr. Gregory Thomson

Port of Spain, Trinidad: Monday March 5, 2012: The Chairman of Republic Bank Limited, Ronald F. deC. Harford, has announced the appointment of Derwin M. Howell to the Bank's Board of Directors, replacing Gregory Thomson, Deputy Managing Director, who will retire on March 18. Howell's appointment to the Board takes effect from August 1, 2012 and he will assume the position of Executive Director in December 2012.

Thomson retires after a distinguished career at Republic Bank spanning 19 years, during which time he headed Republic Bank's Trust & Asset Management Division and Planning & Financial Control Division, before being appointed Executive Director in 2002 and later Deputy Managing Director in 2005.

Derwin Howell is the Managing Director of Republic Bank's Barbados subsidiary, Barbados National Bank Inc. (BNB) and has been a member of Republic Bank's Executive Management Team since 1997. Before assuming the role as head of BNB in January 2011, he held the position of General Manager, Commercial & Retail Banking in which he had responsibility for Republic's sales function and its 35 branches in Trinidad and Tobago. He previously served as the General Manager, Information Technology Management and General Manager, Business Transformation.

Howell is an eminently qualified professional whose background encompasses the telecommunications industry as well as financial services. A First Class Honours Graduate in Electrical Engineering from the University of the West Indies (UWI), Howell holds an Executive Masters' degree in Business Administration also from UWI and a Master of Science degree in Telecommunications Systems from the University of Essex. He is a graduate of the Advanced Management Programme at the Harvard Business School.

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Republic Bank gives Babies the "Right Start"


Avis Barry and her baby girl receive their Right Start gift certificate from Peter Compton.

St George's - February 27, 2012: Seven (7) babies born on January 01, 2012 were recognized by Republic Bank in brief presentation ceremonies to the proud mothers.

Each baby was awarded a RightStart gift certificate valued at $100.00 each. The gift certificate entitles each baby to open a RightStart account at any Republic Bank branch.

It has been the Bank's custom each year to make this gesture to all babies born on January 01st. It is the Bank’s way of giving the babies the "right start" with the hope that the discipline of saving can be instilled in them at a tender age.

The Bank congratulates the parents and wishes the babies well.

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Republic Bank Gives $19,440 and Commits $20,000 more to its UWI - Bursary Program


MD, Keith A. Johnson presents cheque to UWI Resident Tutor and Head, Dr. Curtis Jacob

St. George's, Grenada - February 23, 2012. Republic Bank continues to provide support for the youth, through education. For the fifth consecutive year, the Bank has provided Grenadian nationals with opportunities to advance and develop educationally through its Bursary Programme with the University of the West Indies, Open Campus-Grenada. This programme allows persons to remain at home while pursuing a bachelor's degree online.

Denisha Mark-Daniel, Ananira Herry, Hansel Francis, Delia Richardson and Sheena Lewis recently received tuition bursaries from the Bank totaling $19,440.00 for the 2011/2012 academic year.

On making the presentation, Managing Director, Keith A. Johnson, congratulated the students on their progress so far and encouraged them to continue in their academic advancement. He also announced an increase in Bursaries allocation for students wishing to pursue higher learning through the UWI Open Campus programme:

"Effective August 2012, funds allocated under the Republic Bank Bursary Programme, will be doubled to $40,000.00 (Forty Thousand Dollars), affording more Grenadians the opportunity to pursue higher learning, while remaining at home. Previously an average of five persons benefited annually, from now on we expect ten persons to benefit".

The Bursary programme complements the Bank's UWI Scholarship, which is made available each year, to assist one (1) qualified Grenadian pursuing a Bachelor's Degree full time at any of the UWI campuses in the region. In January 2012, the Bank awarded Caryl Hayes with the 2011/2012 Scholarship. Ms. Hayes is pursuing a bachelor's degree in Banking and Finance, at the UWI - Cave Hill, Campus, Barbados.

Republic Bank is pleased to continue supporting the development of young people through education. Eligibility for both Scholarship and Bursary is based on academic ability and financial need. Information on the Bank’s Scholarship and Bursary programme can be obtained from the UWI - Open Campus Centre, Marryshow House, St. George's.
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Republic Bank in full Support of Educational Development


(L-R) Managing Director, Republic Bank (Grenada) Limited, Keith A. Johnson, Scholarship Recipient Caryl Hayes and Programme Director at UWI Open Campus - Grenada, Mrs. Claudia Halley

St. George's, Grenada - January 19, 2012. Caryl Hayes is the proud recipient of Republic Bank's 2011 Scholarship award. The Bank's Managing Director, Mr. Keith A. Johnson, on January 19, 2012 presented Ms. Hayes with a cheque for EC$20,000.00 (Twenty Thousand Dollars.)

Ms. Hayes is pursuing a three-year Bachelor of Science programme in Banking and Finance at the University of the West Indies - Cave Hill Campus, Barbados. The funds will be used to cover the cost of tuition and other personal expenses for academic year 2011/2012.

On making the presentation, Mr. Johnson commended the recipient on her quest for higher learning and wished her success in her pursuit of educational advancement. He also reiterated the Bank's commitment to the development of the nation's youth through education and sports.

The Republic Bank scholarship is available to Grenadian Nationals pursuing studies at the Bachelors level with any of the main campuses of the University of The West Indies. The scholarship is based on academic record and financial need.

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