RBTT Merchant expands to Central America, mining opportunities in Costa Rica

RBTT Merchant Bank has opened a representative office in San Jose, Costa Rica, to capitalise on existing capital market opportunities. The bank said the move would act as a resource and referral point for ancillary business for the Group as well as increase brand recognition in the financial community, gather market intelligence and execute due diligence and risk management exercises. “It is imperative that we continue to carve niches in new geographical locations,” said Lyndon Guiseppi, managing director, RBTT Merchant Bank. This becomes effective April 2005.

He said, “Based on several years of gathering information on the Central American financial landscape and our practical experience in Costa Rica, we are eager to take this proactive step to create a physical presence in what is considered to be the ‘success story’ of Central America.” RBTT Merchant is a major provider of specialised financial services to governments, public-sector institutions and private-sector organisations in the English, Spanish and Dutch-speaking Caribbean, holding the distinction of being the region’s leading merchant bank. RBTT, said the statement, has provided customised instruments and financing packages for major projects, including telecommunications expansion, construction projects, and enhancement and refurbishment of power utilities, contributing to the economic and social development of the region.