Republic Bank (Guyana) Limited yesterday reported an after-tax profit of $4.2b for the financial year ended September 30, 2022, up by 19.63% over the 2021 figure.
In a statement in yesterday’s Stabroek News, Chairman of the institution, Nigel M Baptiste said that the bank recorded a satisfactory performance with its after-tax profit rising by $702.9m.
As a result of the performance, the Board has recommended a final dividend of $1.2b or $4 per stock unit. If approved by stockholders at the Annual General Meeting this will translate into a total dividend for the year of $1.62b compared to $1.35b last year.
