The Royal Bank
of Canada (RBC) said its purchase of Trinidad's largest bank is in keeping with
its plans to create one of the largest banking networks in the Caribbean.
RBC's Director of International Banking and Insurance Jim Westlake said the US$2.2 billion purchase of RBTT Financial group means the Royal Bank of Canada now has $14 billion in assets.
He said the bank has a network of 130 branches across the Caribbean and about 7,000 employees serving 1.6 million clients.
RBC's Director of International Banking and Insurance Jim Westlake said the US$2.2 billion purchase of RBTT Financial group means the Royal Bank of Canada now has $14 billion in assets.
He said the bank has a network of 130 branches across the Caribbean and about 7,000 employees serving 1.6 million clients.
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