FCB balance sheet grows by 13 percent to $9.5 billion — FCB CEO

He has also attributed the bank’s growth, which has increased to more than one billion dollars (TT) in the past six months, to its loan portfolio.

He made the comments at a ceremony launching FCB’s new-look Visa credit cards: the Visa Classic, Visa Tertiary, Visa Gold and Visa Gold Business cards.

Howai presented the new-look cards during a cocktail reception for the bank’s south corporate clients. The presentation was held at Paria Suites, South Trunk Road, La Romaine.

Howai boasted that FCB was the "only local bank" which was able to raise money on the international capital markets.

"For the second time in just over a year," he said, "we have raised US$100 million through First Citizens (St Lucia) Ltd via an International Bond Issue."

The CEO noted that 15 percent of the bonds had been taken up in the European markets.

Also attending the launch were Senator Christine Sahadeo, San Fernando Mayor Ian Atherly and Chaguanas Mayor Suruj Rambachan.