Four commercial banks headquartered in Port of Spain declared total, audited after-tax profits of $4.78 billion in their 2024 financial years. The four banks—Republic Financial Holdings Ltd (RFHL), RBC Financial (Caribbean) Ltd, First Citizens Group Financial Holdings and Scotiabank T&T—reported total after tax profits of $4.25 billion in 2023, indicating that their profitability increased by 12.47 per cent in 2024.
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