Unlocking Opportunity: Republic Bank launches TT$ 1 Billion Manufacturer’s Support initiative

Under this programme, loans will be made available to Trinidad and Tobago’s Manufacturing Sector via facilities of up to TTD $35 Million in Funding per eligible borrower.

In this initiative, the Bank aims to further enhance competitiveness and increase export potential, while also providing a means for local manufacturers to earn much-needed foreign exchange.

Accordingly, effective May 9, 2025, eligible clients will be able to take advantage of:

• Up to 100% Funding for Capital Expenditure and Equipment Acquisition
• Competitive Interest Rates
• US Dollar loans
• Specialised Asset accepted as Security
• Moratoriums aligned to asset commissioning, plus up to an additional 6 months
• Flexible Repayment Terms

Coming on the heels of the Bank’s Corporate Workshops aimed at enhancing intra-regional trade, this funding initiative tangibly reinforces Republic Bank’s vision and continued commitment to increasing economic activity, fostering manufacturing growth and overall national economic resilience.

Championing this initiative, Republic Bank’s Vice President, P. Vic Salickram, reiterated a view earlier expressed at the Bank’s recent Corporate Workshops for enhanced Intra-Regional Trade, “We do not see ourselves as merely your bankers, but your partners in achieving your business goals.”

In this, Salickram highlighted the necessity of creating opportunities to drive business growth and economic development, noting that Trinidad & Tobago’s manufacturing sector holds the key to regional trade and improved local foreign exchange earnings.

He also added that the Bank will partner with key associations and business chambers in the Manufacturing Sector to allow for a more holistic support for our customers.

For more information interested parties may contact any of the Bank’s Corporate Business Centres and Branches.