The Guyana Bank for Trade and Industry (GBTI) registered an after-tax profit of $2.032 billion for 2016, 1.5% above the previous year but it also saw loan impairment expenses of $899 million.
GBTI will be holding its Annual General Meeting on May 22 at its corporate headquarters in Kingston and will be doing so under a cloud after recent revelations that it had been defrauded in March this year of $956 million. Gold dealer, Saddiqi Rafeek Mohamad Rasul has since been charged in this matter and placed before the courts. Some weeks after this incident, it was revealed that long-serving GBTI Chief Executive Officer, John Tracey had retired. There was
