Republic Financial Holdings Ltd (RFHL’s) 1st Quarter profits up 3.1%

• Republic Financial Holdings Ltd (RFHL) recently declared that the banking group’s profit attributable for the quarter ending December 31, 2018, increased by $10.5 million or 3.1 percent, compared to the corresponding period of the previous financial year.

 

• In a news release announcing the bank’s unaudited financial results for its first quarter of the 2019 financial year, RFHL chairman Ronald Harford said the group recorded $350.5 million in profits attributable to shareholders.

 

• Harford said that, as at December 31, 2018, RFHL’s total assets stood at $72.5 billion, an increase of 3.6 percent over the total assets at December 2017 and 2.9 percent over September 2018.

(Source: Trinidad Express)