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The name of the Union was changed when the bank's name changed to Republic Bank Limited in 1981. Among the major developments in the Union's history was a strike in 1984 over a collective agreement for the period June 1984 to May 1987 and a lock-out initiated by the Bank in 1987.
It was formed out of a merger between the Bank and General Workers Union and the Bank Employees' Union. The two prior Unions were both formed in 1974. As its name suggests, most of its members are employed in the finance sector but in particular at the First Citizens Bank, the Republic Bank, the Central Bank of Trinidad and Tobago and credit ...
In 1994 RB purchased 23% of Bank of Commerce Trinidad and Tobago Limited. RB also purchased 20% of Canadian Imperial Bank of Commerce (West Indies) Holdings Limited . This gave RB linkages with the holding company's branches in the Caribbean islands of Barbados , St. Vincent , Antigua and Barbuda , St. Lucia and Jamaica .
The Central Bank of Trinidad and Tobago is the central bank of Trinidad and Tobago. The Central Bank of Trinidad and Tobago is located in the Eric Williams Financial Complex. The complex consists of the central bank auditorium and two sky-scrapers, locally known as the Twin Towers. The first tower houses the Central Bank of Trinidad and Tobago ...
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In 1965, the Act was amended to include cooperative banks under its purview by adding the Section 56. Cooperative banks, which operate only in one state, are formed and run by the state government. But, RBI controls the licensing and regulates the business operations. [2] The Banking Act was a supplement to the previous acts related to banking.
The Securities Industry Act 1995 (SIA, 1995) [2] is the act by which the Trinidad and Tobago Securities and Exchange Commission was established. In December 2012, the SIA 1995 was repealed and replaced by the Securities Act (SA 2012) [3] “an Act to provide protection to investors from unfair, improper or fraudulent practices; foster fair and efficient securities markets and confidence in the ...
First Citizens (FCB) is a bank based in Trinidad and Tobago. First Citizens has over TT$ 38 billion in assets, 25 branches in Trinidad and three in Tobago and five in Barbados . It also has a representative office in Costa Rica, which handles its Latam business. [ 1 ]