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Port of Spain, Trinidad, April 30, 2026: Yashmid Karamath, Chairman of Republic Financial Holdings Limited (RFHL), announced today that the Group delivered a solid financial performance for the first half of the 2026 financial year, recording $1.07 billion in profits attributable to its equity holders, an increase of $54 million or 5.4% over the $1.01 billion recorded in the same period of the prior year. Total assets stood at $133.7 billion at March 31, 2026, an increase of $7.0 billion or 5.5% above the total assets as at March 31, 2025. This growth was mainly driven by growth in the loans and investments of the Group. This outcome reflects the resilience of our Group, the disciplined execution of our strategy, and the continued trust placed in us by our customers and stakeholders.
In presenting the results Mr. Karamath shared, “Despite this positive momentum, the operating environment across our markets remained challenging. Geo-political uncertainty, economic headwinds, inflationary pressures, tighter liquidity conditions, and uneven growth trajectories have impacted government, consumer and corporate activity across the countries in which we operate. These factors have required careful navigation, particularly in managing credit risk and maintaining prudent capital and liquidity positions, while the Group’s diversified portfolio provide inherent counterweights.”
Based on these results, the Board of Directors has declared a quarterly interim dividend of $0.60 per share, which is the same as the prior year, payable on May 28, 2026, to shareholders on record as of May 15, 2026.
Mr. Karamath further noted, “We also continue to enhance our risk management frameworks, optimise our cost base, and invest in digital transformation to improve efficiency and customer experience.”
He added, “Looking ahead, we are mindful that the geo-political and economic environments will remain unpredictable in the short term. However, the Group remains well-positioned to navigate these uncertainties. Our strong capital base, robust governance, and clear strategic direction provide a solid foundation for sustainable growth. The Group remains committed to delivering long-term value to shareholders while supporting the communities and economies in which we operate.”
Event Calendar
- Republic Bank And Cricket West Indies Renew Commitment For 2026 Primary Schools ‘Five For Fun’ Cricket Programme - Fast-paced, inclusive initiative expands with the addition of Barbados
- 420 MSMEs Across 14 Territories Complete Project THRIVE - Charting a New Course for Caribbean Business Growth
- Habitat for Humanity Trinidad and Tobago Launches 'Let’s Open the Door Campaign at UWI St. Augustine
- Wall of Peace Unveiled at St. Jude’s School for Girls: A Beacon of Hope, Healing and Youth Empowerment
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