Republic’s discontinuation of the Premier Banking service was not an easy decision

Dear Editor,
Reference is made to the December 16 Stabroek News article captioned ‘Republic’s profits rose 17% despite $246M fraud.’

We note with concern, the section covering the Annual General Meeting where our Managing Director, Mr Edwin Gooding is reported to have said that it was an ‘easy decision’ to discontinue the Premier Banking service from January 2010. This statement is erroneous, as Mr Gooding in fact stated the opposite, which is that “it was not an easy decision for the bank.”

We should appreciate it if you will publish the requisite correction.
Yours faithfully,
Michelle Johnson