News & Community Service (2006)
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2006-12-15 - GBTI 2007 ALMANAC “THE VALUE OF TEAM ACTIVITY” LAUNCHED

On Friday, December 15, 2006 the Bank launched its 2007 Almanac, which is based on the theme “The Value of Team Activity.”

In 2001, GBTI initiated an approach using its Annual Almanac as a medium for the presentation of the perspectives of young people in the society, with the aim of encouraging them to adopt positive values and attitudes. As such, over the years, the Almanac has featured such themes as “Expressions” – 2002, “Young Achievers” – 2003, “At Home With My Family” – 2004, “Celebrating Our Diversity” – 2005 and “Making A Difference for our Environment” – 2006.

The theme for the 2007 Almanac was chosen to highlight the immense value of team activity to young people as a chance for them to build individual character and develop a sense of community pride. The competition invited young people to share, through essay, how their involvement in a team activity has helped to build and develop their character and personality.

Six entries were chosen to appear on the Almanac, and, along with another six outstanding entries are being displayed in the Bank during December 2006.

The six selected entries were submitted by:

• Miss Regina Chand
• Mr Wazim Sharma
• Miss Rebecca Ramnauth
• Miss Tenessa Williams
• Mr Deon Azaire
• Miss Soyini Mc Pherson

 

2006-12-14 - HOPE CHILDREN’S HOME RECEIVES CHRISTMAS TREAT FROM REGENT STREET BRANCH

On December 14, 2006 our Regent Street Branch provided a Christmas treat for children residing at the Hope Children’s Home, Enmore, along with their caregivers. The Home caters for abandoned or abused children and currently has fifty two (52) children in the residence.

Eight staff members visited the home and assisted in sharing of the goodies to the children, along with a gift for each child.

Ms Samantha Finlayson, Administrator of the Home, expressed her gratitude for the items provided and the joy brought to the children, She also advised that this activity was the only treat for the children for the season so far.

2006-12-14 - DONATION TO BAGOTSVILLE CBR CENTRE BY VREED-EN-HOOP

In furthering their support of the community, our Vreed-en-Hoop Branch presented a number of gifts to the children of the Bagotsville Community Rehabilitation Centre for Disabled Children.

The presentation was done on December 14, 2006 where Mrs Norene Lee, Branch Manager, handed over the items to Chief Coordinator of the Centre Ms Valeska Austin. Ms Austin in her remarks, thanked the Branch for its gesture in recognizing the disadvantaged groups in the community, and wished the branch every success in its activities.

 

2006-12-10 - VREED-EN-HOOP HOSTS ANNUAL CHRISTMAS CULTURAL EVENING

The Vreed-en-Hoop community was treated to a spectacular evening of carols, dances, poems and drama when the Vreed-en-Hoop Branch held its Annual Christmas Cultural Evening on Sunday, December 10th, 2006.

The programme included performances from schools and churches within the West Coast and West Bank area. Invitees were also treated to a medley of carols by the GBTI choir.

Mrs Norene Lee – Manager of the Branch, in welcoming the invitees noted that the event is meant to strengthen ties between the Branch and the community and reiterated the Branch’s commitment to serving the residents of the area in an efficient and friendly manner. Mr John Tracey – Director Credit conveyed a message on behalf of Management of the Bank.

The programme lasted for over two hours and was well received by the audience.

 

2006-12-09 - KIDDIES CHRISTMAS PARTY AT ANNA REGINA BRANCH

The Anna Regina Branch held its Annual Christmas Party on Saturday, December 9, 2006 for Early Savers Account holders and children in the community.

Seventy two children attended the party and thoroughly enjoyed themselves as they were led through various games and face painting by a clown. A Santa Clause was also there, who distributed presents to all the children.

 

2006-12-09 - PARIKA BRANCH HOSTS ANNUAL CHRISTMAS LUNCHEON

On Saturday, December 9th 2006, our Parika Branch hosted its Annual Children Christmas Luncheon. This marks the second year that the Branch has undertaken this activity, which caters to children from less privileged homes in the community.

Approximately fifty (50) children from various schools and churches were treated to a sumptuous lunch and were entertained by a clown and a Santa Claus. The children were engaged in various games, had their faces painted and received a gift from Santa. They were accompanied by representatives from their school and church and participated in the programme by singing, reciting poems and were also treated to a display of magic.

Mr Motie Singh, Chairman of the Mora-Parika NDC, in his brief remarks, commended the Branch for its thoughtfulness and generosity in reaching out to the children.

CEO of the Bank, Mr Radhakrishna Sharma and Branch Manager, Ms Bebi Wharton, assisted in serving the lunch to the children.

 

2006-12-07 - GBTI HOSTS HANGOUT TO PROMOTE VISA PRODUCT

On Thursday, December 07, 2006, the Bank hosted a Hangout for a target group of young people at the Recreational Centre to promote the use of the GBTI VISA Classic Card among young people.

Speaking at the Hangout, Mr. Sean Noel, Junior Manager of the Bank, remarked that all modern technology, whether it be plastic, cellular, gaming or otherwise, is more fully embraced by young people, who often display greater aptitude and appreciation for the value, convenience and comfort the technology brings to our lives”.

The GBTI VISA Travel Classic Card is a US dollar Prepaid Card that customers purchase and load with a specified amount up to US$5,000. With the Card you can now travel abroad without having to walk with your US dollars, and can make purchases, pay for services, shop online or obtain cash advances at commercial banks abroad.

As part of the promotion of the product, each of the invitees received free of cost a GBTI VISA Travel Classic Card with a deposit of US$10.00, all compliments of GBTI. Further, upon their entrance at the function, each invitee was given a chit, which was used for a prize draw where five persons were selected to win a US$50 online instant shopping spree at an online store of their choice, compliments of the Bank. The five winners were: Javid Rahaman, Biren Dalip, Robert De Lima, Bibi Narine and Caitlyn Vieira.

Additionally, a bank of computers was set up that allowed persons to browse some online stores and test the Card by making small purchases of up to US$10.

The GBTI VISA Travel Classic Card costs US$10 plus 0.5% of the total face value of the card being purchased. For example, if one decides to purchase a GBTI VISA Travel Classic Card valued at US$200 the charge will be 0.5% of US$200 (US$1) plus US$10. Each additional card is US$8, a replacement card is US$15 and renewal fees are US$7. A card has a life of two years after which the renewal fee applies. The fee for reloading the card is also 0.5%.

VISA cards are accepted at over 25 million merchants worldwide and cash advances can be obtained at more than one million VISA Plus ATMs in 145 countries and at commercial banks around the world that accept VISA cards.

 

2006-12-06 - VREED-EN-HOOP BRANCH CELEBRATES 7TH ANNIVERSARY.

The Vreed-en-Hoop Branch of the Bank celebrated its seventh anniversary on 6th December, 2006, with activities to recognize the invaluable support of its customers and the community to its success. The branch has an established record of quality service to residents and is the preferred institution for banking services in the community.

Customers who visited the branch during the banking hours were treated with refreshments, while in the afternoon a cocktail was held for invited customers and residents of the community.

 

2006-12-06 - PRESENTATION TO WINNERS OF PRIMELIFE CLUB PRIZE GIVEAWAY

On Wednesday, December 6th, 2006 the Bank presented the prizes to the winners of the Annual Primelife Club Prize Giveaway. The Annual Prize Giveaway allows two lucky account holders to win a trip for two to Baganara Resort and a Dinner Gift Certificate for two. This years winners are: Ms Leila Cozier and Mrs Myrna Mc Kenzie., account holders at our Regent Street Branch.

The prizes to the winners were presented by Mr Terry Gopaul – Manager – Advances, who in congratulating the winners, urged persons over age 55 to open an account and avail themselves of the many opportunities available at the Bank.

GBTI Primelife Club Account holders benefit from higher rates of interest on their savings, free ATM and Telephone Banking services, higher rates of exchange on foreign currency transactions, concessionary rates on loans, no ledger fees, discounts at participating stores, and annual prize giveaways.

 

2006-12-06 - GBTI PRESENTS ANNUAL DONATIONS

In support, of the dedicated work of charitable organisations, the Bank held its Annual Donations Presentation on Wednesday December 6th, 2006, where seven organisations received donations to assist with their efforts.

In his address to the recipients, Mr John Tracey, Director-Credit, stated that even with limited resources, charitable organisations provide hope for the disadvantaged in society. He also noted that the only resource not limited is the indomitable spirit of love, and it is in recognition of this that GBTI is moved year after year to give whatever support it can in a tangible form.

The recipients of donations were: Uncle Eddie’s Home, Guyana Cancer Society, Dharmic Radha Krishna Primary School, David Rose School For The Handicapped, Dharm Shala Benevolence Home For All Races, Central Islamic Organisation of Guyana and the Guyana Red Cross Society.

The programme was chaired by Mr Sean Noel, Junior Manager – Research and Planning who commended the organisations for their commitment towards helping those in need and restated the Bank’s commitment to continued support. Mr Sony Sarawan of the Dharm Shala Home spoke on behalf of the recipients and in acknowledging the donation, observed that the charitable organisations represented are greatly motivated by the generosity of the Bank.

 

2006-12-03 - LETHEM BRANCH HOSTS BOOTH AT RUPUNUNI EXPO.

Our Lethem Branch participated in the 5th Annual Rupununi Expo activities held at the Rodeo ground in Lethem, December 2nd and 3rd, 2006.

Over 200 persons visited the booth where they were given brochures, tokens and information on the Bank’s products and services.

As part of the Expo activities, the Branch sponsored ten (10) street signs erected at various locations in the community. This initiative was organized by the Rupununi Chamber of Commerce.

2006-12-06 - GBTI LAUNCHES NEW VISA PRODUCT

On Thursday, November 30, 2006, the Bank launched its pre-paid GBTI VISA Classic Card at the Recreational Centre on Kaieteur Road. Members of the business community, ministers of government and civil society participated in the launching exercise in an atmosphere that showcased the Classic Card on every available space including a waterfalls display.

Speaking at the launch, Chairman of the Board of Directors of the Bank, Mr. Robin Stoby, S.C., alluding to the world being “fast paced”, said there is a need to make use of the technological advances in order to make the lives of people better. He indicated that the bank has been following the advances and trends and the changing lifestyles of the average Guyanese and has discovered he/she has a computer, travels abroad intermittently, has more disposable income, engages in commerce and is very security conscious and this has led GBTI to concluding that a Visa Travel Card would be most useful to the average Guyanese.

With the card one can access monies from ATM machines overseas which carry the VISA Plus sign and can shop, book cruises, accommodation and car rentals online. The GBTI VISA Travel Classic Card can only be used while funds are available on the card, since it is a pre-paid card. The card can be purchased for a minimum of US$50 and a maximum of US$5,000. Each person is allowed to purchase two cards. Each cardholder is also allowed to have a maximum of five co-applicants where the cardholder can purchase up to five cards to allow family members or others access to their account but the statement of account will be sent to the original cardholder. Persons over the age of 16 with valid identification can apply for the card and no account is required with the Bank.

Chief Executive Officer Mr. Radhakrishna Sharma, called the development a proud moment for the Bank. “Our pride lies in the fact that we were able, as a Guyanese entity, firstly to be approved membership of Visa International, and secondly to within a few months, put the infrastructure and operational capacity in place to launch our Visa Card product in Guyana,” Mr. Sharma declared. The CEO observed further that the issuance of the card is both a milestone for the bank and Guyana as it means the country is now on the international card map. “Consequently, when you use the GBTI Visa Travel Classic Card, you contribute to placing not just GBTI on the international scene, but in the broader scope, you contribute to placing Guyana - our country out front and in the first world,” he said. The GBTI VISA Travel Classic Card will carry the Kaieteur Falls logo, as the Bank feels that this symbol is readily identified with Guyana and is one of its most famous tourist attractions.

The GBTI VISA Travel Classic Card costs US$10 plus 0.5% of the total face value of the card being purchased. For example, if one decides to purchase a GBTI VISA Travel Classic Card valued at US$200 the charge will be 0.5% of US$200 (US$1) plus US$10. Each additional card is US$8, a replacement card is US$15 and renewal fees are US$7. A card has a life of two years after which the renewal fee applies. The fee for reloading the card is also 0.5%.

VISA cards are accepted at over 25 million merchants worldwide and cash advances can be obtained at more than one million VISA Plus ATMs in 145 countries and at commercial banks around the world that accept VISA cards.

Next year GBTI will launch its VISA Credit Card service.

 

2006-11-16 - REGENT STREET PRESENTS BEST GRADUATING STUDENT AWARD

On November 16, 2006, our Regent Street Branch presented a trophy and book prize to the Best Graduating Business Student of the St. Rose’s High School at its Annual Prize-Giving and Graduation Ceremony.

Ms. Roxanne Welcome, Officer-in-Charge presented the award on behalf of the Branch.

2006-11-01- EXHIBITING EXCELLENCE AT GUYEXPO 2006

In keeping with the theme of this year’s Guyexpo – Exhibiting Excellence” GBTI hosted a booth at the exhibition held from October 26 – October 30, 2006.

The booth received hundreds of visitors, who were given information on the wide range of deposit accounts, technology services, and loan plans offered at the Bank. A main feature at the booth was the Point of Sale machine where Kaieteur Classic Card holders were able to withdraw cash from their account.

This year marks the third occasion that the Bank has participated in this annual Trade Fair.

 

2006-10-24 - GBTI HOSTS ANNUAL DIWALI CULTURAL EVENING AT RECREATIONAL CENTRE

Staff, their families and special invitees were treated to a spectacular evening of singing, dancing and fashion at the Bank’s annual Diwali Cultural Evening celebrations on Sunday, October 15th, 2006 at its Recreational Centre.
The programme commenced at 16:00 hours with a Diwali Invocation done by a member of the Cummings Lodge Mandir Senior Dance Troupe, followed by a Diwali bhajan by staff. A ceremonial puja was done followed by a Diwali message by Mr Aditya Persaud, member of the Dharmic Nau Jaawan, who explained the significance of the festival and its celebrations.

Young artistes from the Dharmic Nau Jawaan entertained the audience with filmi songs & a session of tabla drumming while the children’s group from Best Village Mandir were captivating with their performance of a medley of religious songs. The evening also included dances by Mr Kenrick Cheeks, the Cummings Lodge Mandir Dance Troupe and members of staff.

The highlight of the evening was a splendid display of saris, fashionable shalwars and ghararas and the latest men’s wear done by members of staff. Mas Nayan Persaud and Miss Sevika Persaud bravely displayed their pieces in the children’s category.

The programme concluded with the sharing of sweetmeats and lighting of diyas.

 

2006-10-20 - PEDESTRIAN CROSSINGS REPAINTED BY CORRIVERTON BRANCH

Staff of our Corriverton Branch, repainted pedestrian crossings at seven (7) locations in the Upper Corentyne Berbice area, on August 28, 2006.

The crossings repainted are at the following locations:

Crabwood Creek Primary School
Line Path Secondary School
Skeldon Primary School
Skeldon High School
#79 Village Market
Entrance to New Corriverton Primary School
Entrance to Old Corriverton Primary & Critchlow Labour College

The Police Traffic Department has commended the Branch for its continued support of the Department’s Road Safety Programme, noting that the presence of these road markings at schools helps to build stronger awareness of road safety rules among young people.

 

2006-10-11 - PARIKA BRANCH CONDUCTS CAREER GUIDANCE SESSION AT ZEEBURG SEDONDARY SCHOOL

Staff of the Parika Branch, on Wednesday September 27, 2006, conducted a Career Guidance Programme at the Zeeburg Secondary School, West Coast Demerara. In attendance were eighty four (84) students from the Fifth Form  along with four (4) class teachers.

The session  lasted for approximately ninety minutes, and was conducted by Ms Bebi Wharton -Manager,  Mrs. Nandanie Persaud - Senior Supervisor and Mr. Mohan Tularam – Loans Officer.

The students were very interactive during the programme and were particularly interested in the session on “Interviews.”  Tokens and brochures were distributed to all the students and teachers.

The students and teachers expressed their appreciation to the Branch for facilitating this enlightening session.

 

2006-10-09 - GBTI PRESENTS BURSARY

Members of the GBTI Early Savers Club who were successful at the recent Secondary School Entrance Examinations received bursary awards from the Bank on Tuesday, September 21, 2006, in recognition of their excellent achievement at the Examinations.

This annual activity of the Bank is part of the range of benefits available to members of the Early Savers Club, which open to children from birth to 17 years. This year, awards of $15,000 each were presented to ten (10) students who obtained scores ranging from 551 to 564 marks and gained places at Queens College.

Ms Shaleeza Shaw, Assistant Manager, GBTI, congratulated the students and urged them to give thought to the careers they wish to pursue and to work towards achieving them.

In her remarks at the Presentation Ceremony, Ms Cherrilene Baxter-Dennis, A.C.E.O. (Secondary), congratulated the students on their performance and urged their parents to continue supporting them in their education.

The awards were handed over to the students by Mrs. Vidya Singh, Senior Manager – Operations, while the closing remarks were presented by Mrs. Dahana Ramjist, Marketing & Public Relations Officer.

 

2006-10-09 - GBTI LAUNCHES DOME BROCHURE

On Tuesday, September 21, 2006, the Bank launched a brochure that captures the artwork presented in the Dome of the Water Street office. Mr. Sean Noel, Junior Manager – Research & Planning, who spearheaded the launch, indicated that the idea for the brochure came about due to the frequent requests for information on the Dome by visitors to the Bank.

The Dome was painted in 1974 by Guyanese artists Stanley Greaves and E. Anthony Phillips following the renovations to the Water Street office in 1973. The art depicts eight (8) local heroes in Guyana’s history. A central figure, Makanaima, is depicted looking down from the centre of the Dome.

In his remarks, Mr. Noel indicated that the brochures will be distributed to educational institutions and other relevant agencies to be used in research and in promoting the country to visitors.

 

2006-09-15 - REGENT STREET BRANCH REPAINTS PEDESTRIAN CROSSINGS

As part of their Community Outreach programme, staff of our Regent Street Branch repainted pedestrian crossings at the following schools on September 03, 2006:

 

2006-09-05 - CORRIVERITON BRANCH HOSTS BOOTH AT BERBICE EXPO

The second annual Berbice Expo & Trade Fair organized by the Central Corentyne Chamber of Commerce in collaboration with the Ministry of Tourism, was held from July 21 – 24, 2006. An estimated crowd of 20,000 visited the Fair, with the last night attracting the largest attendance.

The Corriverton Branch of the Bank carried a booth at the event where they distributed product brochures and explained the various services of the Bank to visitors. The branch gained valuable exposure from the event which would help in building its image in the community.

2006-09-05 - VREED-EN-HOOP BRANCH DONATE SNACK ITEMS TO CHILDREN’S HOME

On July 6, 2006, the Vreed-en-Hoop branch donated a quantity of snack items to the Genesis Children’s Home at Cornelia Ida. The Home presently caters to nineteen children from dysfunctional homes whose age range from 2 to 15. In making the presentation, Mrs. Norene Lee, Vreed-en-Hoop Branch Manager, expressed the Bank’s gladness to support the institution’s capacity to fulfill its mandate. Ms Kathleen Campbell, Administrator of the Home, thanked the Bank for extending its generosity to the children and expressed the hope for continued support in the future.

2006-09-04 - GBTI LAUNCHES NEW BRANCH AT LETHEM

The Guyana Bank for Trade and Industry Limited launched its newest branch location at Lethem, Rupununi on Wednesday, 23rd August, 2006. The seventh in the GBTI branch network, the GBTI Lethem branch represents the Bank’s commitment to take banking services to communities across Guyana.

Presenting the feature address at the Opening Ceremony was Honourable Sasenarine Kowlessar, Minister of Finance, who commended the Bank for their initiative in opening the branch. He noted that it would assist in accelerating development in Region 9, which is a vital corridor for trade with neighbouring Brazil and the rest of South America. The Minister noted that Government recognizes the significance of the Region and allocated $1B (one billion dollars) for capital and current expenditure in the Region 9 for 2006.

Mr. John Tracey, Director – Credit of GBTI, in his address, stated that GBTI as the largest Guyanese owned Bank, with assets totaling $36B at June 2006, felt a sense of obligation to respond to the call by residents for a Bank in the area. He noted that the branch will deliver the same excellent service as can be obtained at any other GBTI location, and that the staff will be anxious to understand the life of the community in order to best serve their needs. The Director - Credit announced that the Bank has created a special regime of lending rates specifically for the Region 9 community of 10% - 12% for loans for agricultural and commercial purposes. Additionally, residents will have access to housing financing under the Bank’s Low Income Housing Plan.

GBTI Director, Mr. Basil Mahadeo delivered opening remarks at the ceremony, while the Lethem Branch Manager, Mr. Ameer Hassan, delivered the closing remarks. The cutting of the ribbon to officially open the branch was done by Ms. Rayane Nickram, a young resident of Lethem.

2006-07-13 - ANNA REGINA BRANCH CELEBRATES ANNIVERSARY

The Anna Regina Branch of the bank celebrated its eighth anniversary on 13th July, 2006 with activities to recognize the invaluable support of its customers and the community to its success. The branch has an established record of quality service to residents and is the preferred institution for banking services in the community.

Customers who visited the branch during the banking hours were treated with refreshments, while in the afternoon a cocktail was held for invited customers and residents of the community. Among those present were Regional Vice Chairman, Mr. Vishnu Samaroo, and representatives from the private and public sectors.

Over the years the branch has given back to customers and the community through such activities as the hosting of an annual Diwali Cultural Evening, Children’s Christmas Party, Career Guidance Session, School Tours, Cash Donations and other charitable work.

Manager Mr Dev Persaud addresses the gathering at the function.

 

2006-07-13 - GBTI DONATES TO THE PALMS

On 13th July, 2006, the Bank made a donation of items to the Palms Geriatric Home on Brickdam, Georgetown. The items included two water coolers, adult napkins, four walking aids, cutlasses, forks rakes and rechargeable lamps. Ms. Collette Lyken, Officer-in-Charge – Human Resources and Administration, who handed over the donation to Sister Ursula Bearam, Matron of the Home, said that through its community outreach programme, the Bank seeks to provide meaningful support to various institutions, and was pleased to lend its support towards the upkeep of the Palms, which currently provides a home for 237 persons.

 

2006-07-06 - EARLY SAVERS ACCOUNT HOLDERS REWARDED

On Thursday, July 6, 2006, the Bank presented the prizes to the winners of the annual Early Savers Club Gift Draw. During every year, for each one thousand dollars deposited, account holders receive an entry slip which is completed and dropped into the box provided. Three lucky account holders are drawn and presented with prizes.

This year, the winners were Shevon Brummel, who saves at Water Street; Bibi Saphie, who uses the Parika branch; and Feniza Mohamed, who saves at the Corriverton branch. The Prizes were handed over by Mrs. Juanita Persaud, Officer-in-Charge – Deposit Accounts after an address by Ms. Collette Lyken, Officer-in-Charge – Human Resources and Administration.

The students were encouraged to continue their associations with the bank as such a relationship will ensure their success as they pursue their personal goals.

 

2006-06-26 - PARIKA BRANCH HOSTS SCHOOL TOUR

On June 26, 2006, the Parika Branch hosted a tour for twelve (12) Fourth Form business students of the Essequibo Islands Secondary School located at Wakenaam Island.

The students, who were accompanied by their class teacher, Mr. Ahamad, were given a brief talk on the establishment and development of banking in Guyana along with a brief history of GBTI by Senior Supervisor, Mrs. Nandanee Persaud. The Branch Manager described to the various products and services offered by the Bank and explained the benefits of having a bank account.

The students displayed a keen sense of interest and asked several questions to clarify information they felt would be helpful in the preparation of their School Based Assessments. At the conclusion of the Tour, the group was treated to refreshments.

Ms Bebi Wharton - Manager with the teacher and students of the school.

 

2006-06-10 - GBTI donates to Rupununi Flood Relief Activities

On Saturday, 10th June, 2006, the Bank presented a donation of $150,000 (one hundred and fifty thousand dollars), towards the flood relief efforts in Rupununi, Region 9. For over two weeks beginning 30th May, villages in North, South and Central Rupununi were affected by flooding due to the overflowing of the Takatu River. Residents expressed a strong need for fresh water and the Bank responded with its timely donation.

The donation was presented by Ms. Collette Lyken, Officer-in-Charge – Human Resources and Administration to Mr. Vincent Henry, Regional Chairman of Region No. 9, who thanked the Bank for its donation and indicated that it will allow fresh water to be purchased for distribution to residents in the affected communities.

Ms. Collette Lyken presents the donation to Mr. Vincent Henry in the presence of Ms. Esme Rockliffe, Deputy R. E. O. of Region No. 9.

 

2006-05-25 - REGENT STREET DONATES WASHING MACHINE TO THE DROP-IN-CENTRE FOR STREET CHILDREN

Mrs. Amrita Patterson, Senior Supervisor presents the washing machine to Mrs. Wilson.

On May 25, 2006 our Regent Street Branch donated a washing machine to the Drop-In-Centre for Street Children located on Hadfield Street, as part of its community outreach programme.

The Centre caters for twenty six(26) children, ages ranging from 6 to 15 years.

At the handing over ceremony, Mrs. Jacqueline Wilson, Probation/Family Welfare Officer-in-Charge of the home, thanked the Branch for the timely gesture.

 

2006-05-18 - CORRIVERTON BRANCH DONATES TO THE MAYOR AND TOWN COUNCIL OF CORRIVERTON AND THE BERBICE INDIAN CULTURAL COMMITTEE

At a simple ceremony on Thursday May 18, 2006, GBTI Corriverton Branch presented donations to the Mayor and Town Council of Corriverton for the refurbishing of the Scottsburg Playground and the Berbice Indian Cultural Committee for assistance with the construction of a Heritage Site at Highbury, East Bank Berbice.

In attendance were staff of the Bank, members of the Municipal Implementation Team headed by Mr. J.P. Ghamandi, Deputy Mayor of Corriverton and Mr. Harri Beharry, representative of the Berbice Indian Cultural Committee.

Mrs Idelle Carter-Trotman, Senior Supervisor, presents the donation to Mr J.P. Ghamandhi from the Municipal Implementation Team.

The recipients thanked the Branch for its favourable responses to their activities over the years and complimented the Branch for its commitment to partnering with the community in developmental projects.

 

2006-05-05 - ANNA REGINA BRANCH PAINTS PEDESTRIAN CROSSINGS

On May 5, 2006 two pedestrian crossings on the public road of Danielstown/Sparta on the Essequibo Coast were repainted by staff of the GBTI Anna Regina Branch, with support of the ‘G’ Division of the Police Traffic Department.

These crossings are located within close proximity of Danielstown Nursery School and Sparta Primary School and the activity forms part of the Branch’s commitment to offer assistance to the schools along the Essequibo Coast.

 

2006-05-04 - GBTI HOSTS SUCCESSFUL BUSINESS CONFERENCE ON CSME

On Thursday, 4th May, 2006, the Guyana Bank for Trade and Industry hosted members of the business community at its inaugural Business Conference at the Le Meridien Pegasus Hotel. The Bank’s inaugural Business Conference was titled “Defining a Successful Business Strategy within the C.S.M.E.” and examined issues critical to local businesses as it relates to the newly established Caricom Single Market and Economy.

His Excellency President Bharrat Jagdeo delivered brief remarks and declared the Conference open, while Ambassador Joan Underwood, Antigua and Barbuda’s Non Resident Ambassador to Latin America and the country’s National CSME Coordinator, presented the feature address.

In his opening remarks, C.E.O. of the Bank, Mr. Radhakrishna Sharma, said “Guyana has lived by the spirit of the protocols but the level of courtesy and openness we display towards other states and their nationals is not evident or reciprocated in parts of the region and this must be addressed by the governments, if we are to make meaningful progress in the implementation of the single market.” He added “We are all challenged to play by the rules of the game but, sadly, the many contradictions we see in the actions of some states, especially in the treatment of our exports - a case in point being our chicken and rice exports - show little respect for the rules that are established.” The C.E.O. stated that only a common will and desire for the outcome can see the process successfully through, he posited.

PRESIDENT Bharrat Jagdeo, in his remarks, said that the need for deepening the integration process within the Caribbean Community (CARICOM) is even greater than ever, in the face of free trade and globalisation.

Non-Resident Ambassador of Antigua and Barbuda to Latin America, Ms Joan Underwood, who delivered the keynote address, said that the CSME would give small states a strong voice in the global arena. Conceding that challenges are inevitable in the present global scenario, Underwood emphasised that tenacity and creativity are needed for survival and, ultimately, to determine the destination of the region and the path towards reaching it. She said, to achieve the goal, it is necessary to draw from the intellectual and creative capacity of the region.

Ambassador Underwood also underscored the necessity for smaller business entities to be “agile and adaptive” to the situation when facing competition from larger ones with greater capital and superior technology. She acknowledged that, with the advent of the CSME, it is necessary to think more strategically and pursue lucrative markets aggressively. The importance of the knowledge and awareness of the CSME throughout the region is an essential component for a successful outcome of economic integration, Underwood offered.

Other persons on the Panel of Presenters included Mr. David O’Brien, Executive Chairman – Financial & Other Services, Neal & Massy; Mr. Hayden Ferreira, Group Manufacturing Development Manager, Trinidad Cement Holdings Ltd.; Dr. Graham Scott, Managing Director, Guyana Americas Merchant Bank Inc.; and Mr. Garvin Simonette, Attorney-at-Law, Ignatius Chambers, Trinidad & Tobago.

The aim of the Bank is that its Business Conference will be an activity that will provide an environment for the discussion of issues relevant to the local business community, where participants would be invited to share in the presentations of Panelists brought together by the Bank, and to engage in discussions on these issues.

2006-04-23 - REPAINTING PEDESTRIAN CROSSINGS BY VREED-EN-HOOP BRANCH

On Sunday April 23, 2006, staff of the Vreed-en-Hoop Branch continued the exercise started in 2005 of repainting pedestrian crossings along the West Coast and West Bank Demerara.

In this first phase, pedestrian crossings were painted at Patentia Secondary School on the West Bank Demerara and Vreed-en-Hoop Primary School at Vreed-en-Hoop. The Branch plans to continue offering its support to the Police Traffic Department by repainting more crossings during the year.

 

2006-04-04 - PARIKA BRANCH DONATES TO LEGUAN SECONDARY SCHOOL

On April 4, 2006 a donation of textbooks was made by our Parika Branch to Leguan Secondary School, for the school’s library.

Mrs Nandanee Persaud, Senior Supervisor, presents the textbooks to Mas Hira, a student of Leguan Secondary School

In brief remarks, Mrs Bebi Wharton, Branch Manager, stated that the Branch is very pleased to support the School and she hopes the students will use the reference material in their studies. Headmaster of the School, Mr Sarju Persaud thanked the Branch for its timely donation which he assured will greatly assist the students.

 

2006-04-01 - COMMISSIONING OF THE GBTI RECREATIONAL CENTRE

On Saturday, April 1, 2006, GBTI commissioned its Staff Recreational Centre (formerly the GBTI Sports Club) at a grand ceremony attended by members of the Board of Directors, management and staff of the Bank.

In opening remarks, Mr Radhakrishna Sharma, Chief Executive Officer of the Bank, stated that the Centre was renovated at a cost of $100M dollars and represents the best facilities any institution in this country has made available to staff. He also noted that this achievement is a landmark for the Bank and flows from progressive human resources policies that focus on enhancing staff welfare and development.

The immaculate complex has state-of-the-art facilities for lawn tennis, swimming, badminton, table tennis and a host of other indoor and outdoor games. In addition, there is an auditorium with seating for more than 100 persons, a sitting area furnished with sofas and a 52” television set and a modern bar.

In a special address, Mr Robin Stoby S.C, Chairman of the Board, reaffirmed the commitment of the Board of Directors to build GBTI into the premier financial institution in the country through the enhancement of premises, upgrading systems, providing quality customer services and building a team of motivated and committed staff. He thanked the staff for their positive contributions to the Bank’s overall success and encouraged them to make maximum use of the splendid facilities provided by the Centre.

The Ceremony also featured a spectacular display of talent by staff of the Bank. Mr Steve Massiah and Mrs Nancy Duke sang a song they composed for the occasion while Mrs Mala Ramharack and Ms Vidiyashree Samwaroo awed the audience with a dance they choreographed. The entertaining programme concluded with a display of exotic cultural and evening wear.

The Centre was formally commissioned with the unveiling of the plaque by Mr Stoby.

 

2006-03-29 - McKENZIE HIGH SCHOOL STUDENTS TOUR GBTI

Fifteen students of Mckenzie High School accompanied by their teacher benefited from an educational tour of the GBTI Water Street Branch on Wednesday, March 29, 2006. The students were from the Upper and Lower Six Forms and they selected to research the Bank for their Caribbean Studies course.

Mr Sean Noel, Junior Manager – Research and Planning, gave the students an insight into the Bank’s contributions towards development in Guyana, which is the core of their research assignment. They were also addressed on the history of banking, history of GBTI and services offered by the Bank by Ms Ashmini Das, Marketing and Public Relations Officer and Ms Nadia Doodnaught, Human Resources Assistant.

 

2006-03-14 - PRIZES PRESENTED to WINNERS OF GBTI KAIETEUR CLASSIC ‘WIN A TRIP’ COMPETITION

On Tuesday, March 14, 2006, winners of the 2005/2006 GBTI Kaieteur Classic ‘Win A Trip’ Competition were presented with their prizes. The Competition was held for ATM and Point-of-Sale users during the period December 2005 to February 2006. The winners are:

• ATM User – Ms Tancy Thompson – Trip for Two to Kaieteur Falls
• POS User – Mr Vidal Joree – Trip for Two to Baganara Resort

Ms Fazia Khan, Assistant Manager – Foreign Trade Department, presented the winners with their prizes.

 

2006-03-14 - GBTI DONATES TO CHARITABLE ORGANISATIONS

In support, of the dedicated work of charitable organisations, the Bank held its Annual Donations Presentation on Tuesday, March 14, 2006, where seven organisations received donations to assist with their efforts.

In his address to the recipients, Mr John Tracey, Director-Credit, stated that even with limited resources, charitable organisations provide hope for the disadvantaged in society. He also noted that the only resource not limited is the indomitable spirit of love, and it is in recognition of this that GBTI is moved year after year to give whatever support it can in a tangible form.

The recipients of donations were: Uncle Eddie’s Home, Guyana Cancer Society, Dharmic Rama Krishna Primary School, David Rose School For The Handicapped, Dharm Shala Benevolence Home For All Races, Central Islamic Organisation of Guyana and the Guyana Red Cross Society.

The programme was chaired by Mr Sean Noel, Junior Manager-Research and Planning who commended the organisations for their commitment towards helping those in need and restated the Bank’s commitment to continued support. Mrs Dorothy Fraser of the Guyana Red Cross Society spoke on behalf of the recipients and in acknowledging the donation, observed that the charitable organisations represented are greatly motivated by the generosity of the Bank.

 

2006-03-07DONATION TO MAHAICA CHILDREN’S HOME
BY THE REGENT STREET BRANCH

The Mahaica Children’s Home received a quantity of mattresses from our Regent Street Branch on March 7, 2006. The Home caters for disadvantaged children and currently has thirty-eight residents between the ages of 4 to 17 years old.

Mrs Carol Seeraj, Manager of the Branch, handed over the mattresses to Ms Hunte, Welfare and Probation Officer in charge of the Home, who expressed appreciation for the timely gesture.

 

2006-03-07 - VREED-EN-HOOP BRANCH HOSTS COMMUNITY BUSINESS WORKSHOP

Our Vreed-en-Hoop Branch hosted its third successful Community Business Workshop for small and medium scale entrepreneurs from the West Bank and West Coast Demerara on Tuesday, March 7, 2006. The aim of the Workshop was to highlight the benefits of effective management techniques and to sensitise participants of the forms of support available at GBTI.

The topics discussed include Cash Management, Record Keeping, Debt Management, Benefits of Bank Financing and the Financial Institutions Act and the facilitators were Mr John Tracey, Director – Credit, Mr John Barnes, Senior Manager - Inspection Division, Mr Terry Gopaul, Manager - Advances, Mrs Norene Lee, Branch Manager, Mr Ameer Hassan, Senior Supervisor and Ms Ashmini Das, Marketing & Public Relations Officer.

At the start of the Workshop, Mr Ramenauth Bisram, Deputy Regional Chairman-Region 3 addressed the participants and commended the Bank for its continued involvement in activities that benefit communities within the Region. The session was very interactive as participants took the opportunity to engage staff in discussions about their businesses, current economic trends and the Bank’s services.

Community Business Workshops form an integral part of our community banking programme as they provide the opportunity to build successful partnerships between Branches and the community within which they operate.

 

2006-03-01 - ANNA REGINA DONATES TO JOHANNA CECILIA COMMUNITY HIGH SCHOOL

Responding to a request from the Headmaster of Johanna Cecilia Community High School, GBTI Anna Regina Branch donated a gas stove with fittings for the Home Economics Department of the School on March 1, 2006.

Mr Mario Farinha, Branch Manager, made the donation at a simple ceremony held during the school’s general assembly. In his address to the students, he emphasised the need to seize all the educational opportunities available and reaffirmed the Branch’s commitment to support educational programmes within schools on the Essequibo Coast. He also noted that this donation complements one of kitchen utensils made to the School in 2005.

Mr. Guptie Narine, Headmaster of the School thanked the Branch for its generous donation and assured that the stove will be an asset to the School’s Home Economics Course. Mrs. B. Gookul, Senior Mistress received the donation on behalf of the School.

 

2006-02-28 - PRESENTATION OF PRIZES TO WINNERS OF THE GBTI LOW INCOME HOUSING LOAN ‘BEST KEPT HOME & YARD COMPETITION’ 2005

In September 2005, GBTI launched the ‘Best Kept Home & Yard’ Competition for its Low Income Housing Loan customers, with the aim of emphasising the need to develop practices that preserve and maintain the value of their homes.

The Competition ended on December 31, 2005 and on Tuesday, February 28, 2006, a presentation ceremony was held at our Water Street Branch for the winners of the Competition. At the ceremony, Mr John Barnes, Senior Manager-Inspection Division, spoke on the pride of home ownership and reiterated the Bank’s commitment to support the Government’s ongoing housing drive.

Also at the ceremony was Mrs Claudette Moore, Permanent Secretary of the Ministry of Housing and Water who gave brief remarks on behalf of her Ministry. She commended the Bank for its initiative to launch the ‘Best Kept Home & Yard’ Competition as it coincides with the Ministry’s Environmental and Homeownership Training Programme that encourage residents in the housing schemes to properly maintain their homes and surroundings.

The winners of the Competition are:

• 1st Prize – 3 month rebate on loan instalment – Mr Mario Reid
• 2nd Prize – 2 month rebate on loan instalment – Aretha Gould & Royden Trotz
• 3rd Prize – 1 month rebate on loan instalment – Kenny & Marlyn Edwards.

Seven properties were also selected for consolation prizes and their owners were each presented with a Gazebo Tent. Mrs Carol Seeraj, Manager of our Regent Street Branch, presented the prizes.

GBTI is pleased to play its part in highlighting among homeowners the importance of actions that can help to upkeep the value of their property which is often the most significant investment of their life.

 

2006-02-07 - 7TH ANNIVERSARY CELEBRATIONS AT PARIKA BRANCH

Branch Anniversary celebrations have become a significant part of each Branch’s calendar of activities, and recently our Parika Branch observed its 7th Anniversary, on February 7, 2006.

In celebration of this special occasion, tokens and cake were distributed to customers throughout the day. In the evening, a cocktail was held for customers who were able to interact with members of Management and staff of the Branch.

 

2006-01-10 - Corriverton Branch Donates to Skeldon Hospital

Our Corriverton Branch celebrated its 9th Anniversary on January 10, 2006 and along with the activities to treat customers, the Branch also donated a quantity of bed linen to the Skeldon Hospital.

The items were handed over by Ms. Hermia Cumberbatch, Branch Manager to Mr. Rahamat Rahim, Head Nurse of the Hospital who expressed gratitude for the donation and thanked the Branch for its timely gesture.

The simple presentation ceremony was witnessed by staff of the Branch and the Hospital.

2009 . 2008 . 2007 . 2006