Sod turned for Demerara Bank’s $150m Leonora branch

President Irfaan Ali (fourth from left) along with Finance Minister Ashni Singh (third from left), Chairman of the Board of Directors of Demerara Bank, Komal Samaroo (second from left), CEO Pravinchandra Dave (left) and other officials turning the sod for the construction of the new branch of the bank (Office of the President photo)

Demerara Bank Limited is now poised to begin the construction of its $150 million Leonora, West Coast Demerara (WCD) location and according to its Chief Executive Officer (CEO), the bank will be offering its full range of services.

The sod was turned yesterday by CEO Pravinchandra Dave and Chairman Komal Samaroo along with President Irfaan Ali and Finance Minister Ashni Singh.

Dave told the gathering that the branch will serve in excess of 75,000 persons in its catchment area while adding that the number would be expanded owing to the government’s plan for the development of housing in the area.