Port-of-Spain: The Republic Bank Group has recorded a net profit of $550.1 million for the financial half year ended March 31st.
Republic's Chairman Ronald Harford says the result represents a 4.7% improvement over the comparable period last year.
He says Republic's total assets exceeded the $50 billion mark, reflecting a creditable growth of 7.4% for the six months ended March 31st 2012.
Harford deem these as hallmark achievements saying they are especially noteworthy as the bank celebrates its 175th anniversary on May 15th this year.
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