In the East Caribbean, the Group’s relief effort will be led by its subsidiary, Republic Bank (EC) which plans to work closely with the Organisation of Eastern Caribbean States (OECS) at the regional level and with local NGOs at the community level, to provide support on various initiatives.
Republic Financial Holdings Limited (RFHL) has announced that the Republic Group will be making a contribution of the equivalent of US$2 million, collectively, across all of the territories in which it operates.
Republic Bank has presence in Trinidad and Tobago, Grenada, Guyana, Barbados, Ghana, Suriname, Cayman Islands, St. Lucia, St. Vincent & the Grenadines, St. Kitts & Nevis, St. Maarten, Anguilla and Dominica.
The value of US$200,000 of the Group’s contribution will be allocated towards providing relief to the Eastern Caribbean and St Maarten. The Bank’s Managing Director, Michelle Palmer-Keizer, said “We are prepared to provide support on multiple fronts, from assisting the most vulnerable in our society to those on the frontlines, especially our healthcare workers. Doing good is an essential part of who we are as an organisation and we are ready to help.”
The Republic Group’s response to the societal impact of the COVID-19 outbreak is being coordinated under the umbrella of its social investment vehicle, the Power to Make A Difference programme.