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May 13th, 2024
Deputy Premier wants swift resolution to issues affecting Republic Bank’s customers

ROAD TOWN, Tortola, VI- Deputy Premier and Minister for Financial Services, Labour and Trade Hon Lorna G. Smith, OBE has said the Government of the [British] Virgin Islands is aware of recent developments at Republic Bank (BVI) Limited, which resulted in the withdrawal of funds from several customer accounts.

May 6th, 2024
Republic Bank resolves ‘technical issue’ affecting timely debiting of accounts

ROAD TOWN, Tortola, VI- Republic Bank has confirmed that, as a result of a technical issue stemming from its conversion exercise, some of its customers’ accounts were not debited in a timely manner for point of sale and E-commerce transactions.

February 7th, 2023
Customers still complain about banks, especially non-working ATMs

ROAD TOWN, Tortola, VI- Immediately after the Covid-19 pandemic (2020/2021), many residents complained to our newsroom about the treatment by banks, with long lines of residents standing outside in the rain and scorching sun for hours.

August 29th, 2022
Long bank lines & traffic jams still persist in VI

WICKHAM’S CAY I, Tortola, VI- The issue of long bank lines around the five major commercial banks- National Bank of the Virgin Islands, First Caribbean International Bank, Republic Bank, FirstBank VI and Banco Popular- on Tortola, and in some cases traffic jams, continue to be a major issue for drivers, customers and pedestrians in Road Town.

March 31st, 2022
Old Debit Cards expire today as Republic Bank fully converts to new technology platform

ROAD TOWN, Tortola, VI- Customers of Republic Bank who previously held accounts with Scotiabank will be able to use their old debit cards for the final time today, March 31, 2022, as the bank fully concerts to the Republic Financial Holdings Limited’s (RFHL) technology platform.

June 20th, 2021
Gov’t refinances Peebles Hospital loan & realises $1.6M in savings

DUFF’S BOTTOM, Tortola, VI – The Government of the Virgin Islands (VI) has refinanced the new Peebles Hospital construction project (Dr. D. Orlando Smith Hospital), by ending a $45M loan agreement with Banco Popular signed in 2009, in favor for a new lower interest loan agreement from Republic Bank.

June 5th, 2020
Republic Bank to ‘invest in local talent’; Retains all Scotiabank staff

ROAD TOWN, Tortola, VI- Republic Financial Holdings Limited (RFHL) completed its acquisition of Scotiabank’s operations in the [British] Virgin Islands on May 31, 2020, and all 51 staff members of former Scotiabank have been retained.

May 30th, 2020
Scotibank BVI completes sale to Republic Financial Holdings

ROAD TOWN, Tortola, VI - Scotiabank (British Virgin Islands) Limited has completed its previously announced sale to Republic Financial Holdings Limited (RFHL) of Trinidad and Tobago, with the closing date effective May 31, 2020.

November 29th, 2019
Scotiabank BVI being sold to Republic Bank of T&T

ROAD TOWN, Tortola, VI - Scotiabank is looking to exit the Virgin Islands as the Bank of Nova Scotia has reached an agreement for the sale of 100% of its shares in Scotiabank (British Virgin Islands) Limited to Republic Financial Holdings Limited (‘Republic Bank’) Bank.

December 1st, 2018
Antigua & Guyana Gov’ts concerned about sale of Scotiabank


ST JOHN’S, Antigua – The government of Antigua and Barbuda appears to be in a fighting mood over plans by Scotiabank to sell off its operations in the twin-island nation, while Guyana has also expressed concern that the sale will create issues for the banking sector in that Caribbean Community (CARICOM) country.

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