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Essay's paper info
Topic: |
Business
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Number of pages / Number of words: |
11 / 2908 |
Essay's paper body
One branch grew to several and soon there were a lot of branches of RBTT BANK in key locations across Trinidad and Tobago established for the banking convenience of its clients.
Localization
RBTT BANK LIMITED (formerly The Royal Bank of Trinidad and Tobago Limited) was incorporated as a local bank in 1971 and in 1972 took over the governance of the Royal Bank of Canada in Trinidad...
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By 1985, 100% of the shareholding was in local hands, 21% of which was purchased by bank staff. The Royal Bank of Trinidad and Tobago assumed the role of a holding company as the Group rapidly expanded and diversified within the regional financial service sector. In June 1998 RBTT FINANCIAL HOLDING LIMITED was incorporated and RBTT BANK LIMITED became a wholly owned subsidiary...
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