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-taps Guyana,Cheap Jerseys From China, TT for seeing more growthRepublic Bank Group has reported a TT$1.1B profit with projections expecting 2012 to see only Guyana and Trinidad likely to achieve better growth rates.According to the bank’s Chairman, Ronald Harford,Cheap Stitched Jerseys, these better growth rates will have to do more with the fact that the two countries are resource rich and are likely to rebound more from the global financial turmoil.Republic Bank has subsidiaries in Barbados,Cheap Adidas NHL Jerseys, Grenada and the Cayman Islands,Alex Delvecchio Red Wings Jersey, among other places.Ronald HarfordIn a statement issued Thursday, Harford stated that total assets now stand at $47.3 billion, reflecting an increase of three per cent over last year.“This performance was achieved against the background of the serious debt crises being faced by Europe and the United States, which continue to have a negative ripple effect on the tourism-reliant economies of the Caribbean.”Harford noted that the outlook for 2012 is one of flat performances across the region,Adrian Wilson Cardinals Jersey, except “for resource-endowed countries like Guyana and T&T,Jerseys From China, where better growth rates are expected.” “We remain hopeful that Government’s recent 2011/2012 budget presentation, which focused on job creation, spurring investment and national security, will contribute to an improved economic environment.” |
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