… says facility to become operational within 4 months
The Guyana Bank For Trade and Industry (GBTI) in an effort to make access to its banking services more convenient for its East Coast customers, will soon open a fully functional branch at Mon Repos.
CEO of GBTI Shawn Gurcharran along with Finance Minister and staff at the launch of GBTI’s GROW initiative
The establishment of this new branch was revealed on Friday during the launch of the ‘GBTI GROW’ initiative. This initiative will offer tailored financial solutions designed to address the needs of small and medium-sized businesses to maximize their full potential.
Whilst a building was constructed to facilitate staff and representatives for this initiative, as part of its long-term vision, GBTI plans to expand the Mon Repos location into a fully operational branch that will serve the broader East Coast Demerara corridor.
This was revealed by its Chief Executive Officer (CEO) Shawn Gurcharran who reaffirmed GBTI’s commitment towards making access to its services more convenient for all Guyanese. He highlighted that the new branch will be fully functional within the next four months.
“As we establish GBTI Grow we commit to having a full branch established here within the next four months where the full suite of banking services will become available. We have heard the call for improved access to financing and we are here today demonstrating our commitment as a local indigenous bank.”
Also, present at the event was Finance Minister Dr. Ashni Singh, who explained that the establishment of a fully functional Branch at the location highlights the bank’s vision for opportunities within the area.
“The decision by GBTI to locate where previously you once had, I believe, just an ATM. The decision to locate now a full-service branch in Mon Repos is a signal of your recognition of the remarkable opportunities that exist. In Mon Repos and in surrounding communities on the East Coast of Demerara, the remarkable opportunities that exist for banking business to be done.”
Moreover, the finance minister highlighted that the East Coast Demerara corridor is currently witnessing massive infrastructure developments, with the construction of new housing areas and the new Ogle to Eccles highway that will connect the East Coast to the East Bank.
“But we just have to look around on the main road of the east coast, or we go on the embankment road, we go into all of the new housing areas that are opening up throughout the entire east coast and of course the new major arteries that improve connectivity between the East Bank and the East Coast that will very soon make the east coast and the east bank inseparable by the historic major metropolis, Georgetown, that has sat between the East Bank and the East Coast of Demerara because of the old transport network that we’ve inherited.”
In this regard, the finance minister commended stakeholders at the bank for investing in a facility that will make banking services easier for East Coast customers.
“And so, the decision made by GBTI to open a branch at Mon Repos is itself a most commendable decision and a decision that is reflective of your recognition of the remarkable growth that is taking place on the East Coast of Demerara and the remarkable growth potential on the East Coast in the months and years ahead. And I want to congratulate and compliment the bank for this recognition and for taking this decision and for making this very explicit statement of confidence in the future of this part of the country.”
The Guyana Bank for Trade & Industry Ltd. (GBTI), is Guyana’s leading bank with over 180 years of experience and proudly stands as a 100% Guyanese institution. With twelve branches nationwide, GBTI caters to diverse customer needs, from consumer and home loans to business ventures.
