As Republic Bank Limited grows, so does our regional reach. In an increasingly borderless world, our Bank, its products and services increasingly engage with more markets, communities and people than ever before. As we go about our daily business of meeting the needs of our employees, customers and shareholders in a responsible and caring manner, we are conscious of our responsibility to leave this world a better place than we found it - by helping to build successful and thriving communities in all of the markets that we serve, and which continue to support us.
Social investment has always been an integral part of Republic Banks DNA. We firmly believe that we have a part to play in helping struggling communities to enhance the quality of life for themselves and future generations and in building a system of ethics that will endure well into the future. Our Power to Make a Difference Programme is the primary mechanism through which we achieve this objective. Through this programme we focus on three specific areas of need namely:
- The development of young people through education, sport and the arts
- Poverty alleviation through training programmes for at risk youth and the provision of facilities for elderly members of communities
- Helping differently-abled persons and groups find their place in this world. We use the mechanism of training and provision of physical facilities to help them to become more self sufficient and to themselves contribute to the society of which they are a part.
While Republic Bank's focus on social investment is as old as the Bank itself (since 1837) our Power to Make a Difference Programme which embraces the specific areas identified above was introduced in our 2004 financial year, and over the period 2004 to 2008 invested over TT$52 million in social programmes in Trinidad and Tobago alone.
The second phase of this programme commenced in 2009 embracing the five year period up to 2014. The Bank's committed investment for that period is an unprecedented TT$100 million.
In 2009, International Business Awards recognized the work of the Power to Make a Difference programme in enhancing the lives of myriad communities and providing opportunities to lift at-risk young people out of their quagmire of despair, through the presentation of the Stevie Award for the Best Social Investment Programme in South America.
The Power to Make a Difference Programme has also been introduced in other countries in which Republic Bank has operations namely: Grenada, Guyana and Barbados, with similar focus on youth development, poverty alleviation and the differently-abled.
Motivational speaker, Anthony Robbins once said, “Life is a gift, and it offers us the privilege, opportunity and responsibility to give something back by becoming more”. Republic Bank has been privileged to share the lives of hundreds of thousand of person through our banking services and to enhance the lives of tens of thousands through our Power to Make a Difference programme, making us more than just a bank.