The Guyana Bank for Trade and Industry
The Guyana Bank for Trade and Industry (GBTI) is the second largest bank in Guyana with about 25 percent of the deposits, a market capitalization of $25 billion and assets to the tune of $95 billion or 28 percent of the assets under the control of the commercial banks. Based on the nominal changes, GBTI has been growing from strength to strength. Over the past three years, assets have grown at the rate of 16.3 percent per annum. Deposits have grown at the rate of 18.3 percent per annum and loans and advances, the largest income-generating assets, have advanced at the rate of nearly 32 percent per annum. This positive growth reflects favourably on the leadership and staff of the entity and a commitment to remain a leader in the banking sector. But even amidst the favourable figures, it is possible to spot some trends that draw attention to the business strategy of the bank and prompt one to …..To continue reading, login or subscribe now.