Republic goes offshore

Dextra, which was founded in 1987, provides a full range of offshore banking and trust services and a full range of private banking services to both personal and institutional clients.

In addition to banking services, Dextra also offers investment management, company formation and management and trustee services.

Republic Bank managing director, David Dulal-Whiteway stated that the acquisition is one step in the bank’s expansion strategy in the offshore banking arena.

Republic Bank Trinidad and Tobago (Cayman) Limited is a wholly- owned subsidiary of Republic Bank and was incorporated in the Cayman Islands in 1991.