Home Businessuite News24 Republic Financial Holdings Continues To Be Challenged By Weak Economic Conditions In Several Of The Markets In Which They Operate – Harford
Republic Financial Holdings Continues To Be Challenged By Weak Economic Conditions In Several Of The Markets In Which They Operate – Harford

Republic Financial Holdings Continues To Be Challenged By Weak Economic Conditions In Several Of The Markets In Which They Operate – Harford

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Republic Financial Holdings Ltd, Group chairman Ronald Harford, has indicated in his latest report to shareholders that while the group recorded a net profit of TT$958.9 million for the nine months ended June 30, 2017, representing an increase of TT$51.5 million or 5.7 per cent over the corresponding period last year, it continues to be challenged by weak economic conditions in several of the markets in which they operate.

Current financial results he said were achieved through controlled growth of loan and investment portfolios, cost control and sound risk management.

Republic Financial Holdings is the parent company of Republic bank based in Trinidad and Tobago.BM

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