Guyana Bank for Trade and Industry registered a profit of $1.3B for 2011 – up by 15% over 2010’s figure – and in the report to be presented to shareholders next month, the Bank’s Chairman says that the new parliament configuration presents a model for enhanced cooperation.
Chief Executive Officer John Tracey in his report said that total assets at the end of 2011 amounted to $75B reflecting a 20% growth over the previous period and represents 23% of the total commercial bank assets in Guyana. The latter figure for last year was 21%.
He said that Earning per share rose by 5.3% to $34.59, the return on equity was 18.4% and the return on average assets was 2.01%. The Board of Directors is proposing a final dividend of
