members round-up
better meet the needs of its major stakeholders. The new Centre will build on the solid research foundation of its past while enhancing efforts in the area of financial stability and serving as the secretariat for the CARICOM Group of Central Bank Governors. This will not only place the CCMF at the centre of the research on monetary, financial and other issues of relevance to central banks and the wider region but would allow it to play a more central role in policy issues in the monetary and financial arena.
First Citizens Bank Ltd. Group Chief Executive Officer: Ms. Karen Darbasie # 9 Queen’ s Park East, Port of Spain, Trinidad & Tobago Tel:( 868) 624 3178, Fax:( 868) 627 4548 /( 868) 623 3393 E-mail: karen. darbasie @ firstcitizenstt. com Website: www. firstcitizenstt. com
The First Citizens Group is one of the leading financial services groups in Trinidad and Tobago. It offers a full range of retail, corporate and merchant banking services as well as asset management, trustee and brokerage services. The Group is headquartered in Trinidad and Tobago and First Citizens Bank, which is the largest part of the Group, has an extensive retail branch network in Trinidad and Tobago with a large deployment of ATM and point of sale devices in both islands.
In 2009, First Citizens acquired Caribbean Money Market Brokers Limited( now re-branded as First Citizens Investment Services Limited), the largest full service securities trading Company in the Caribbean with offices in Trinidad and Tobago, Barbados, St, Vincent and St. Lucia. The Group’ s growth and expansion continued in August 2012 with the acquisition of Butterfield Bank in Barbados( now called First Citizens Bank [ Barbados ] Limited). These acquisitions round out the services that the Group offers its customers, both local and regional, making it possible for us to address every financing or investment need of our customer base. They also provide a physical footprint for the Group in the Caribbean region.
The debt ratings of First Citizens have been moved by Moody’ s to Baa2 from Baa1. Similarly, the Group’ s outlook has been revised to negative from stable, once again in line with that given by Moody’ s to Trinidad and Tobago. It should be noted that Moody’ s affirmed First Citizens Baa3 baseline credit assessment( BCA), and this is due to First Citizens’ consistent profitability, the large capital base of the Bank, the large size and quality of the Bank’ s loan portfolio and the Bank’ s history of quality management.
Over the years, the Group has introduced a number of innovations locally including internet banking and mobile banking. It has also been recognised on several occasions for excellence in innovation, communications technology and e-commerce by the local Energy Chamber of Trinidad and Tobago. The Group has also been involved in financing a number of landmark projects across the region and has an asset base of just over TT $ 34 billion and recorded profit before tax of TT $ 744.7 million for the last fiscal year ended September 30, 2014.
JMMB Bank( T & T) Ltd.( Associate Member) Managing Director and CEO: Mr. Nigel L. Romano DSM Plaza, Old Southern Main Road, Chaguanas Trinidad & Tobago Tel:( 868) 665 4425 Fax:( 868) 665 6663 E-Mail: Nigel _ Romano @ jmmb. com Website: www. jmmbtt. com
The IBL Group is the strategic alliance of Jamaica Money Market Brokers Limited( JMMB), Jamaica’ s leading brokerage house and three companies promoted by Steel Magnate Lakshmi N. Mittal.
Our senior management team is a cadre of highly qualified financial executives with vast collective banking experience in Retail, Commercial, Corporate and Investment Banking. Guided by IBL’ s core values, our dedicated team of( 172) members is committed to delivering tailored financial solutions with professionalism, the highest levels of confidentiality and trust.
We offer a unique customer intimacy focused on understanding the changing needs of our customers. Our Service Centres are strategically located in north, central and south and coming soon to East Trinidad, providing a full range of Personal and Business Banking services under one roof. Currently, IBL provides 24-hour ATM access at its( 3) locations and additional locations are in IBL’ s future outlook to bring our sales team, value-added products and services closer to you.
For the Financial year ended March 31st 2012 the IBL Group reported a capital base of TT $ 98.2 million and audited assets in excess of TT $ 1.21 million.
Republic Bank Ltd. Managing Director: Mr. Nigel Baptiste 9-17 Park Street, Port of Spain, Trinidad & Tobago Tel:( 868) 623 1056, Fax:( 868) 624 1282 E-Mail: nmbaptiste @ republictt. com Website: www. republictt. com
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