The Guyana Bank for Trade and Industry’s (GBTI) profit for 2014 was $2.117 billion, slightly down from the previous year’s figure as provisioning for bad loans rose significantly.
According to its financial statements published in the March 27 edition of Stabroek News, interest income for the bank rose from $5.045 billion in 2013 to $5.388 billion last year. Interest expense on the other hand dipped from $960 million to $895 million over the same period. Other income dropped from $1.423 billion to $1.311 billion between 2013 and 2014. Net interest and other income climbed from $5.508 billion to $5.804 billion over the same period. Operating expenses rose from $2.416 billion in 2013 to
