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News & Community Service
2010 . 2009 . 2008 .The Bank’s Almanac for 2009 was launched at a ceremony on Wednesday, December 17, 2008 at the Bank’s Water Street office. The Almanac addresses what is perhaps the most topical issue today – global warming and its impact on our environment, under the theme “Save Earth, Our Home”. Concern for environmental protection has recurred in diverse forms, in different parts of the world, throughout history, and the Bank considered it timely to highlight the solutions of our young people.
Over 200 entries were submitted during the Competition, of which six were chosen to appear on the Almanac, and, along with another six outstanding entries are being displayed in the Bank during December 2008.
The six selected entries were submitted by:
Miss Rose Edwards
Miss Manesha Ramnarine
Mas Shivdas Bhawanidin
Miss Maleeka Ally
Mas Jason Nunes
Miss Amelia Mazaharally
The Launch Ceremony was attended by Hon. Robert Persaud, Minister of Agriculture, who spoke of the Government’s efforts at leveraging Guyana’s forest resources to access carbon credit financing for eco-friendly development projects. He congratulated the young people who were awarded by the Bank and encouraged them to share their message with their peers.Also speaking at the Ceremony was Mr. Radhakrishna Sharma, Chief Executive Officer, who stated that the Bank was pleased to join with our young people in bringing the issue of a healthy environment to the fore, as it is one that requires ongoing focus. He noted that as a nation we must keep careful track of our impact on various elements of the ecosystem on the earth, develop appropriate ways of regulating economic activity so that the balance is achieved among environmental, economic and other social goals and generally implement appropriate strategies to protect the environment. This, he noted requires partnerships and collaborative decision making among all levels of government, businesses, nongovernmental organizations, community groups, and the public at large.
ANNA REGINA BRANCH HOSTS 8th ANNUAL KIDDIES CHRISTMAS PARTY
Guyana Bank for Trade and Industry Limited Anna Regina Branch held its 8th Annual Kiddies Christmas Party on December 13, 2008. This party is held for members of the GBTI Early Savers Club. Approximately one hundred and thirty (130) children were in attendance accompanied by their parents / guardians.
Santa, the clown and staff of the Branch drove from Richmond Village passing through Anna Regina to Reliance and shared sweets to children along the way, then back to the Branch.
The festivities commenced upon the arrival of the Santa and his helpers. The children participated in lots of games, face painting, and dancing, hosted by the clown. Each child received tokens for their participation in these activities. Gifts were also given to the children by Santa Claus.
Goody bags, snacks and beverages were shared to the children and their accompanying parent.
GBTI PARIKA BRANCH HOSTS 4TH ANNUAL CHRISTMAS LUNCHEON
On December 13, 2008 the Guyana Bank for Trade & Industry Limited (GBTI) Parika Branch hosted its 4th Annual Children’s Christmas Luncheon for under privileged children within the community.
The luncheon was attended by fifty children from the Zeelugt Primary School, Greenwich Park Primary, Saraswat Primary, Meeten-meer-Zorg East Nursery School and the Parika Baptist Church.
The activities included songs and poems by the children, a talk on Christmas by Pastor Saffee Rahaman and a short address by Regional Chairman Region #3 – Mr Julius Faeber, who wished them an enjoyable season.
After lunch the clown came, and the children were taken through games, dances and face painting. Gifts were given to all the children by Santa Clause who arrived shortly after.
The teachers of the various schools expressed their thanks towards the Bank for the gesture and stated that the children thoroughly enjoyed the treats.The Guyana Bank for Trade & Industry on Friday, December 12, 2008 hosted a luncheon for members of the media at the GBTI Recreational Centre.
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Mr John Tracey, Director-Credit, in his brief remarks to the attendees, thanked them for their support through the past year. A moment of silence was held in remembrance of the late Akila Jacobs of National Communications Network who was present at the last Media Luncheon held in 2007
The invitees were treated to a sumptuous lunch and gifts.
GBTI PRESENTS ANNUAL DONATIONS TO CHARITABLE ORGANISATIONSIn support, of the dedicated work of charitable organisations, the Guyana Bank for Trade & Industry Limited (GBTI) held its Annual Donations Presentation on Friday December 5th, 2008, where six organisations received donations to assist with their efforts.
In her address to the recipients, Ms Collette Lyken, Officer-in-Charge, Human Resources and Administration, who chaired the programme, commended the organizations for their commitment towards helping those in need and restated the Bank’s commitment to continued support.
Mr John Tracey, Director – Credit, in his remarks noted the growing need for assistance from these organisations from people all around the world. He urged others to give freely at this time to assist these organisations in conducting their mandate, as there are tremendous benefits in giving.
The recipients of donations were: Uncle Eddie’s Home, Dharmic Rama Krishna Primary School, David Rose School for the Handicapped, Dharm Shala - Benevolent Home for the Poor of All Races, Central Islamic Organisation of Guyana and the Guyana Red Cross Society.Ms Narpattie Singh of the Dharmic Rama Krishna Primary School 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.
GBTI 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 Guyana Bank for Trade and Industry Limited Vreed-en-Hoop Branch held its Annual Christmas Cultural Evening on Sunday, December 7, 2008.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 GBTI staff.
Mrs Rambha Persaud-Chandebal – 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. Mrs Vidya L. Singh – Senior Manager, Operations conveyed a message on behalf of Management of the Bank.
The programme lasted for over two hours and was well received by the audience.
GBTI PRIMELIFE CLUB ACCOUNT HOLDERS REWARDED
On Friday, December 5th, 2008 the Guyana Bank for Trade & Industry Limited presented 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 year’s winners were: Mr Leon L. Davis and Mr & Mrs Budhayshwar & Takoordaideen Raghunath, account holders of our Anna Regina Branch. The prizes to the winners were presented by Mr Terry Gopaul, Manager – Advances.
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.
GBTI VREED-EN-HOOP BRANCH CELEBRATES 9TH ANNIVERSARY
On December 4, 2008 our Vreed-en-Hoop Branch held activities to observe its 9th Anniversary, in recognition of the invaluable support of its customers to its success.
Each customer conducting business with the Branch on that day was treated to cake and tokens and a cocktail reception was held in the afternoon for selected customers and staff.
The Branch was beautifully decorated with balloons, flowers and an anniversary banner.
LETHEM BRANCH HOSTS BOOTH AT RUPUNUNI EXPO
Our Lethem Branch hosted a booth at the Rupununi Expo which was held on November 30th, 2008 at the Rodeo Ground. The event is held annually to showcase local produce and services offered in the community.
The activities were attended by the Honourable Prime Minister Samuel Hinds and other Ministers. Prime Minister Hinds in his visit to the booth hosted by our Lethem Branch commended the Bank for operating a branch in the region.
Our booth was visited by approximately 500 persons who received information on the various services offered by GBTI, by the staff of the Branch. Tokens were distributed.
LETHEM BRANCH CONTRIBUTES TO ST IGNATIUS SCHOOL TOUR
Our Lethem Branch presented a cheque to the St Ignatius Secondary School towards an educational tour to be conducted by the school in Georgetown. The tour is primarily for fourth form students of the school.
The cheque was presented to Ms Shaharazade Atkinson, Deputy Headmistress (ag), by Mr Troy Budhram, Supervisor of the Branch, who stated that the Branch is pleased to support the venture which will afford many students the opportunity to visit the capital city for the first time.
The tour will be conducted in February 2009 and will encompass visits to various manufacturing businesses and historical sites.
GBTI VREED-EN-HOOP BRANCH PRESENTS TOP PRIZES AT WEST DEMERARA SECONDARY
Prizes were presented to the Best Graduating Student and Best Graduating Business Students at the 2008 CSEC Examinations, of the West Demerara Secondary School by the Vreed-en-Hoop Branch of the Guyana Bank for Trade & Industry Limited.
The presentation was done at the school’s Annual Graduation Ceremony held on November 20, 2008. The prizes were presented to the students by Mrs Rambha Persaud – Chandebal, Manager of the Branch.
The recipients of this year’s prizes are:
Best Graduating Student – Ms Ahilyah Singh
Best Graduating Business Student – Ms Romona Balliah
The Branch presents these prizes annually and also conducts Career Guidance Sessions at Secondary Schools in the region.
GBTI PARIKA BRANCH SUPPORTS GRADUATION AT ZEEBURG SECONDARY
The Parika Branch of the Guyana Bank for Trade and Industry Limited (GBTI) presented a trophy to the Best Graduating Student in Physics and Biology at the 2008 CSEC Examinations, of the Zeeburg Secondary School at their Annual Graduation Exercise held on November 20, 2008.
In 2006 the Branch made a commitment to the school to present this award annually. This year’s winner of the prize is Mr Ameer Samad, who received the trophy from Mr Safwaaz Hanif, Junior Supervisor of the Branch.
VREED-EN-HOOP PRESENTS GRADUATION PRIZE
Our Vreed-en-Hoop Branch continues its commitment to the development of education in the community where it operates.
On November 13, 2008 a trophy was presented to Ms Alicia Peters, 2nd Best Graduating Student of the Vreed-en-Hoop Community High School by Mrs Anabelle Singh, Senior Supervisor of the Branch.
Mrs Singh in her brief remarks commended the students on their excellent results and urged them to continue furthering their studies
GBTI LAUNCHES NEW DIAMOND / GROVE BRANCH
Guyana Bank for Trade and Industry (GBTI), on Thursday, November 13, 2008 opened its ninth branch at 34 Grove Public Road, East Bank Demerara. This GBTI Diamond / Grove branch caters to the residents of these two large communities and others on the East Bank of Demerara, and will offer full range of banking services. These services include savings and checking accounts, foreign business transactions, card facilities, night depository, Personal and Corporate Loans and ATM. The Branch will be headed by Mrs. Rawattie Mohandeo assisted by five other staffers.
The opening of this new branch in the GBTI network follows closely to the opening of the Providence Branch in March 2007 and the Lethem Branch in August 2006.
The distinguished gathering at the ceremony included GBTI Chairman, Mr. Robin Stoby; Chief Executive Officer, Mr. Radhakrishna Sharma; Governor of the Bank of Guyana, Mr. Lawrence Williams and other specially invited guests.
Speaking at the ceremony, Dr. Ashni Singh, Minister of Finance, commended the Bank on the launch and for responding to the favourable policy environment that the government has put in place with an active branch expansion programme. He noted that the presence of the Bank in the area will reduce the cost of accessing financial services for businesses and individuals in the area.
Chief Executive Officer, Mr. Radhakrishna Sharma, in his remarks, pointed out that over the past few years the Board of Directors has been moving forward with plans for building the Bank into the premiere financial institution in the country. Foremost in these plans is the growth of the branch network, which has occurred simultaneously with the upgrading of computer systems, segmentation and branding of products and services and an improved focus on quality customer service. He added that following the first phase of branch expansion from 1995 – 2000 where the Bank opened four (4) branch offices, the second phase that began in 2005 has seen the launch of three (3) additional branches including this Diamond / Grove branch.
In addressing the issue of corporate responsibility of banks, the CEO highlighted that GBTI has always maintained a focus on the established tenets of banking – prudence and responsibility – which are enshrined in the Bank’s operations. Simultaneously, the Bank has remained committed to ensuring that while seeking to improve shareholder value it also aims to bring banking services to the under-banked and the un-banked, and often, in decisions on the establishment of a branch within a community or the offer of a banking product or service, significant weighting is placed on the positive impacts of the branch or service over the projected return on investment. GBTI has also developed a community focus where it recognizes and accepts its responsibilities to the community where it operates and has structured programmes to achieve its community service goals.
The Honourable Minister performed the ceremonial cutting of the ceremonial ribbon to declare open the new branch office.
GBTI PRESENTS COMPUTER TO CENTRAL HIGH SCHOOL
Guyana Bank for Trade and Industry Limited (GBTI) presented the Central High School with a computer system for their Information Technology Lab on November 6th, 2008 at the Bank’s Water Street Office.
The system was presented to Mr Ali Majeed, PTA Representative of the school’s Board of Governors by Mr John Tracey, Director – Credit, following a request by the school for a donation of the equipment. In 2007, thieves broke into the school and removed all ten computers in the lab.
Mr Tracey in his remarks stated that the Bank is pleased to support the school’s Information Technology Department and hoped for continued success in their CSEC results in the subject area.
Mr Majeed expressed thanks to the Bank, on behalf of the school and Board and stated that GBTI was the first entity to support the school. He also stated that steps have been taken to secure the lab against future losses.
Also present at the ceremony were Mr Sean Noel, Officer-in-Charge, Research and Planning and Mrs Dahana Ramjist, Marketing and Public Relations Officer of the Bank, along with a teacher and students of the school.
REGENT STREET BRANCH CELEBRATES ANNIVERSARY
Our Regent Street Branch on October 30, 2008 held activities to observe its Anniversary in recognition of the invaluable support of its customers to its success.
Each customer conducting business with the Branch on that day was treated to cake and tokens and a cocktail reception was held in the afternoon for selected customers and staff.
The Branch was beautifully decorated with balloons, flowers and an anniversary banner.
GBTI HOSTS 7TH ANNUAL DIWALI CULTURAL EVENING
Staff, their families and special invitees were treated to a spectacular evening of singing, dancing and fashion at the Bank’s 7th Annual Diwali Cultural Evening celebrations on Sunday, October 26, 2008 at the GBTI Recreational Centre.
The programme commenced at 16:00 hours with the lighting of the ceremonial diyas by Mr Radhakrishna Sharma – Chief Executive Officer and Mrs Nandanee Persaud – Manager, Parika Branch.
This was followed by a Diwali Invocation Dance performed by members of the Guyana Hindu Dharmic Sabha Nritya Sangh. The feature address was delivered by Mr Radhakrishna Sharma, who explained the significance of the festival and its relevance to the progress of the individual in life.
According to the Chief Executive Officer, “people of all walks of life can appreciate and respect how faith strengthens our individual lives and by extension our families and communities. The Hindu tradition, as one such faith, encourages its followers to seek spiritual and moral truth wherever it might be found, through his or her own systematic effort, and has sought to recognize principles and practices that would lead any individual to become a better human being.”
Artistes from the Soesdyke Mandir Kirtan Group entertained the audience with Diwali & filmi songs while staff of the Bank were captivating with their performance of a medley of songs. The evening also included dances by the Cummingslodge Mandir Dance Troupe and Apex Academy Dance Troupe.
The highlight of the evening was a splendid display of the different wraps of saris and the latest men’s wear modelled by members of staff.
The programme concluded with the sharing of sweetmeats and happy interaction among staff.
9TH DIWALI CULTURAL EVENING HOSTED BY ANNA REGINA BRANCH
Our Anna Regina Branch on October 27, 2008 hosted its signature activity – 9th Annual Diwali Cultural Evening. The event attracts huge support from the communities along the Essequibo Coast and was attended by approximately 1200 persons.
The evening’s activities commenced with a Havan followed by welcome remarks by Mr Dev Persaud, Manager (ag) of the Branch.
Attendees were treated to a splendid mix of Indian culture as they were entertained by members of staff and individuals from mandirs on the Essequibo Coast. The performances included artistically choreographed dances, melodious songs – both filmi and religious and a short message on the significance of Diwali.
Mr Kiran Ramkoomar, Junior Clerk gave the closing remarks for the ceremony. Delicious sweetmeat and beverages were served during the intermission.
PROVIDENCE PRESENTS PRIZE AT COVENT GARDEN SECONDARY
A trophy and book prize was presented to the best graduating student at the 2008 CSEC Examination at the Covent Garden Secondary School by our Providence Branch.
The prize was presented to Ms Yeolena Callendar by Ms Alana Dyall, Manager of the Branch at the schools’ Graduation Ceremony on October 24, 2008.Ms Dyall in her brief remarks congratulated the students on their excellent results and wished them success in their future endeavours
CORRIVERTON BRANCH SUPPORTS DIWALI MOTORCADE
Our Corriverton Branch presented the first prize in the light vehicle category in the Annual Diwali Motorcade hosted by the Upper Corentyne Praant, on October 19th, 2008.
The cheque was presented to Pandit Dinesh Harilall of the Guyana Hindu Dharmic Sabha Upper Corentyne Praant by Ms Roxanne Welcome, Manager of the Branch.
The Branch also distributed sweetmeat to customers conducting business on October 27, 2008 in observance of the Festival of Lights.
PARIKA BRANCH PRESENTS PRIZE FOR ANNUAL DIWALI MOTORCADE
Our Parika Branch participated in the Guyan Hindu Dharmic Sabha’s West Demerara Praant Annual Diwali Motorcade held on Sunday, October 19, 2008 and presented the First prize in the small vehicle category. The Branch has contributed to this activity for a number of years.
Mrs Nandanee Persaud, Manager of our Parika Branch, presented the trophy and prize to Mrs Chandramattie Heeralall of the Murti Shop, winner of the first prize in the small vehicle category.
VREED-EN-HOOP BRANCH SUPPORTS GRADUATION CEREMONY AT VREED-EN-HOOP PRIMARY SCHOOL
Our Vreed-en-Hoop Branch made a donation to the Vreed-en-Hoop Primary School towards their Annual Graduation Ceremony on October 9, 2008.
The presentation was done by Mrs Rambha Persaud - Chandebal, Manager of the Branch to Mr Alvin Johnson, Headmaster of the school. Mrs. Chandebal in her brief remarks stated that the Branch is pleased to contribute to the school’s Annual Graduation Ceremony. Mr Johnson thanked the Branch for its support throughout the years.
Each year the Branch contributes to various activities aimed towards the development of education in the community.
GBTI CONTRIBUTES TO FIRE PREVENTION WEEK
Our Water Street Branch presented a cheque to the Guyana Fire Service for Fire prevention Week to be held during the period October 5th to 11th, 2008.
The cheque was presented to Mr Compton Sparman, Fire Prevention Officer, by Ms Collette Lyken, Officer-in-Charge, Human Resources and Administration. In his remarks, Mr Sparman, thanked the Bank for its continued support to the Fire Service, and stated that the donation will greatly assist in the activities planned for Fire Prevention Week.
This year the focus is on school children and sensitising them on the use of fire equipment and fire preparedness. There will also be Fire Safety Exhibitions at the various locations.
GBTI HOSTS MERCHANT OPERATING RISK MANAGEMENT SEMINAR FOR CREDIT CARD MERCHANTS
The Guyana Bank for Trade & Industry Limited on Thursday, September 25, 2008 hosted a Merchant Operating and Risk Management Seminar for Credit Card merchants. The seminar was hosted under the theme, “Combating Payment Systems Fraud.”
In his remarks, Mr John Tracey, Director - Credit stated that this was the first seminar of its kind to be hosted in Guyana. The seminar was facilitated as there is a rise in the use of cards in Guyana, the expected increase in card fraud based upon the experience of other countries and the need to know, assess and manage risk.
Mr Tracey stated that the use of cards is the way to change the “cash culture” ingrained in Guyanese. The Card companies, banks, merchants and cardholders have a role to play in the prevention of fraud.
Topics discussed at the seminar include:
• Card Acceptance Procedures
• Limiting Exposure to Fraudulent Transactions
• What to do if you suspect fraud
• Card Present & Card Absent Best PracticesThe presentations were done by Ms Natasha St Juste, Operations Officer and Ms Janiere Frank, Fraud Analyst of the Caribbean Credit Card Corporation (4C’s).
CORRIVERTON BRANCH SUPPORTS ANNUAL ATHLETICS DAY
Our Corriverton Branch presented a cheque to the Corriverton Primary School in aid of their Annual Athletics Championships held on September 25th and 26th, 2008.
The cheque was presented to Mr Pradeep Singh, a teacher of the school by Ms Roxanne Welcome, Manager of the Branch. Ms Welcome in her brief remarks stated that the Branch is proud to be a part of the school’s Athletics Championships.
ANNA REGINA BRANCH REPAINTS PEDESTRIAN CROSSINGS
Our Anna Regina Branch undertook its annual contribution to road safety on the Essequibo Coast when staff repainted three (3) pedestrian crossings on Saturday September 13, 2008 at the following schools:
• CV Nunes Primary
• Danielstown Nursery
• Sparta Primary
They were accompanied by a member of the Guyana Police Force who lauded the Branch’s commitment to road safety in the region.
CREDIT CARD HOLDERS REWARDED
Prizes were presented to four Credit Card holders on Friday, September 5, 2008 at our Water Street Branch. Each winner was presented with a cheque for one hundred thousand dollars ($100,000).
This presentation concludes our Credit Card promotion which coincided with the launching of the GBTI VISA Credit and GBTI Local Credit Cards. No interest was charged to any credit card holders for the first three months and a prize of $100,000 would be presented to the card holder selected by a random pick of each Credit Card category.
The winners in the four categories are:
GBTI CLASSIC
Mr Yusuff &/or Mrs Narriema BacchusGBTI GOLD
Mr Abdool &/or Mrs Nadiya ShakoorGBTI VISA CLASSIC
Mr Gajendra BassantGBTI VISA GOLD
Mrs Maureen PunitThe prizes were presented by Mrs Vidya L. Singh, Senior Manager, Operations, who in her remarks congratulated the winners and urged them to continue using the products and realise the immense benefits to be gained.
LETHEM BRANCH SUPPORTS AMERINDIAN HERITAGE MONTH ACTIVITIES
The Lethem Branch of Guyana Bank for Trade and Industry continued its support of activities to observe Amerindian Heritage Month 2008, to be held during the period of September 24 to 27, 2008.
The Branch made a donation towards prizes for the activities to be held during the weekend. The presentation was done by Mr. Mohan Tularam, Manager of the Branch, to Ms Claire Singh, Vice Chair-person of the Regional Events Committee of the Regional Democratic Council.
The theme for this year’s Amerindian Heritage Month is “Inspiring our Nation to move forward in Unity.” The community of Lethem is home to approximately 6,000 Amerindians and GBTI opened its seventh branch in the area in August 2006.
WATER STREET HOSTS EDUCATIONAL TOUR FOR REGION # 8 STUDENTS
On September 9, 2008 our Water Street Branch hosted an educational tour for eleven students of the Paramakatoi Secondary School of Region # 8. The tour was held as part of the activities planned for Amerindian Heritage month by the Ministry of Amerindian Affairs.
The students who were accompanied by two teachers were advised on the establishment of banking along with the history of GBTI by Ms Nadia Doodnaught, Salaries Clerk within the Human Resources and Administration Department. They were also given a tour of the ATM Department and shown the operations of the ATM machine. Mrs Dahana Ramjist, Marketing and Public Relations Officer described the various products and services offered by GBTI and explained the benefits of having an account.
GBTI PRESENTS BURSARY AWARDS TO EARLY SAVERS ACCOUNT HOLDERS
Members of the GBTI Early Savers Club who were successful at the recent National Grade Six Assessment received bursary awards from the Bank on Tuesday, September 2, 2008, 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 is open to children from birth to 17 years. This year, awards were presented to ten (10) students who obtained scores ranging from 538 to 558 marks and gained places at Queens College.
The awardees, who obtained the highest marks and were selected out of 51 entries submitted, are:
Miss Yogeeta Persaud
Miss Arianna Seeraj
Miss Shahrazaad Khan
Miss Crystal Ramdayal
Mas Ridwaan Safi
Miss Kavita Sawh
Mas Shaphan Hestick
Mas Akash Jairam
Miss Sherifa Valenzuela
Mas Vikash Horil
Mr Sean Noel, Assistant Manager, GBTI, congratulated the students who he noted would have made a lot of sacrifices – attending their extra classes and revising their homework – to achieve their excellent scores.
In her remarks at the Presentation Ceremony, Mrs Genevieve Whyte-Nedd, Chief Education Officer (ag) Ministry of Education, commended the Bank on the Annual Presentation and its ongoing support to the Ministry and students’ development.
The awards to the students in attendance were presented by Ms. Collette Lyken, Officer-in-Charge, Human Resources and Administration and Ms Floret Ramsaran _ Manager, Information Technology Services Department, while the closing remarks were presented by Mrs. Dahana Ramjist, Marketing & Public Relations Officer.
Bursaries were presented to Miss Yogeeta Persaud and Miss Sherifa Valenzuela at our Anna Regina branch by Dr Dev Persaud, Manager (ag), both of whom attend the Anna Regina Multilateral School.
REGENT STREET BRANCH REPAINTS PEDESTRIAN CROSSINGS
Our Regent Street Branch undertook its annual contributions to road safety in Georgetown when staff repainted six (6) pedestrian crossings on Sunday, August 31, 2008 at the following schools:
• St Joseph’s High
• North Georgetown Secondary
• Richard Ishmael Secondary
• Tutorial High
• Stella Maris Primary
• Government Technical Institute
They were accompanied by Officer Jackson of the Guyana Police Force who lauded the Branch’s commitment to road safety in Guyana.
LETHEM BRANCH CELEBRATES 2ND ANNIVERSARY
Our Lethem Branch held activities in observance of its 2nd Anniversary to recognise the invaluable support of its customers and the community to its success.
Each customer conducting business with the Branch on that day was treated to cake and tokens.
An interactive cocktail was held in the afternoon for selected customers and staff. In attendance were businessmen, Regional Chairman Region # 9 and other invitees.
The Branch was beautifully decorated with balloons, flowers and an anniversary banner. A collage of community activities done by the Branch was also displayed in the Banking Hall.CORRIVERTON BRANCH RENEWS COMMITMENT TO ROAD SAFETY
Staff of our Corriverton Branch repainted pedestrian crossings along the Upper Corentyne area between No 67 Village and Crabwood Creek Area, on August 31, 2008.
The crossings repainted are located at the following areas:
• Crabwood Creek Nursery & Primary Schools
• Skeldon High School
• Skeldon Primary School
• # 79 Market area
• Skeldon High Annex / Corriverton Primary Tops
• Corriverton Primary
• Massiah Primary
• # 69 Nursery School
• # 68 Primary SchoolVREED-EN-HOOP REPAINTS PEDESTRIAN CROSSINGS
Staff of our Vreed-en-Hoop Branch repainted two pedestrian crossings on Sunday, August 17, 2008.
Road crossings located in front of the Vreed-en-Hoop Primary School and West Demerara Secondary School were repainted by the Branch in preparation for the commencement of the new school term.
The Branch was lauded by the Traffic Department for their continued contribution to Road Safety in the region.
CORRIVERTON BRANCH HOSTS 2ND ANNUAL CYCLING EVENT
Our Corriverton Branch hosted its 2nd Annual Cycling Event on Sunday, August 10, 2008.
The cycling event attracted approximately 40 riders, ages ranging from 12 to 49 years old. The event commenced at the Branch, then proceeded to the No 62 Toll Station and back.
The winners in the various categories were as follows:
OPEN:
1st – Dwight Holder
2nd – Wazim Hasnoo
3rd – Michael MooreThe winner’s trophy in the Open Race was won by Gary Benjamin
VETERAN:
1st – Gary Benjamin
2nd – Ian Mc BeanUNDER 16 GIRLS:
Christene Matterson, by virtue of being the only female participant in the category won the trophy and cash incentive.
UNDER 16 BOYS
1st – Nashane Jaundoo
2nd –Marvin Harvey
3rd – Afzal AllyMs Roxanne Welcome, Manager of the Branch, in her address stated that the Bank is pleased to honour its social responsibility through this venture and expressed her appreciation to the participants and members of the community.
The event was witnessed by Deputy Mayor Mr Jamna P. Gamandhi, along with residents.
ANNA REGINA BRANCH CELEBRATES 10TH ANNIVERSARY
On July 11, 2008, our Anna Regina Branch held activities in observance of its 10th Anniversary to recognise the invaluable support of its customers and the community to its success.
Each customer conducting business with the Branch on that day was treated to snacks, drinks and tokens.
An interactive cocktail was held in the afternoon for selected customers and staff. In attendance were businessmen, rice and cash crop farmers, and representatives of the Regional Democratic Office.
The Branch was beautifully decorated with balloons, flowers and an anniversary banner. A collage of community activities done by the Branch was also displayed in the Banking Hall.
News coverage of activity was done by RCA TV Channel 8 and The Guyana Times.
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, Career Guidance Sessions, Donations and other charitable work.
LETHEM BRANCH SUPPORTS GRADUATION EXERCISE AT ST IGNATIUS PRIMARY
Our Lethem Branch presented a trophy to the Most Outstanding student at the St Ignatius Primary School Graduation ceremony for the National Grade Six Assessment Papers on July 4, 2008.
The trophy was presented by Mr. Mohan Tularam, Manager of the Branch to Mas Kester Hernandez who attained a total of 487 marks at the examination.
Also present at the ceremony were the Vice Chairperson of Region # 9, Head teachers from various schools and parents.
PARIKA BRANCH DONATES STATIONERY SUPPLIES TO HYDRONIE NURSERY SCHOOL
On Friday, June 27, 2008 our Parika Branch donated a quantity of stationery supplies to the Hydronie Nursery School. The donation included materials for use by the teachers and the students.
The items were presented to Ms Melissa Beaton, Headmistress of the school, by Mrs Nandanee Persaud, Manager of the Branch. Ms Beaton expressed her school’s gratitude to the Branch for the items.
This activity marks the Branch’s continued support to the schools in their community. Through the years they have conducted Career Guidance sessions, presented trophies at Graduations and presented books to school libraries.
WATER STREET BRANCH PRESENTS PAINT
TO SOESDYKE # 2 NURSERY SCHOOLOur Water Street Branch on June 23, 2008 presented five gallons of paint to the Soesdyke No. 2 Nursery School.
The paint was presented by Mrs. Dahana Ramjist, Marketing and Public Relations Officer of the Bank to Ms Gwen Vickerie, Assistant Mistress of the school. Ms Vickerie thanked Bank for the donation and noted that it would greatly assist the school in its drive to enhance the school’s surroundings.
ANNA REGINA BRANCH CONDUCTS CAREER GUIDANCE SESSION AT ABRAM ZUIL SECONDARY SCHOOL
Our Anna Regina Branch conducted a Career Guidance Session at the Abram Zuil Secondary School, on June 17th, 2008. The session was attended by 5th Form students of the school.The session covered a range of topics relevant to their entry into the job market, including:
• Careers in Banking
• How to complete a Job Application
• Preparing for the Interview
• Conduct in the OfficeThe session lasted over two (2) hours and the students were very attentive and interactive. The facilitators of the session were Mr Dev Persaud – Manager (ag) of the Branch and Mr Kiran Ramkoomar – Junior Clerk.
Headmaster of the school, Mr. Ralph Rajpersaud expressed their thanks to the Bank for conducting the session and noted the relevance of the material presented in preparing the students for their entrance into the work environment.
Tokens and relevant brochures were distributed by the Branch to all in attendance.
GBTI HOLDS SECOND BUSINESS FORUM
The Bank’s second Biennial Business Forum was held on Monday, June 2, 2008 at the Le Meridien Pegasus Hotel, Georgetown. The Forum targeted members of the business community, producers and exporters, regulatory agencies, non-governmental organizations, cultural artistes and members of the academic community, and was well attended by a wide cross-section of persons in the business sector and representatives of international organisations and regional bodies. His Excellency, President Bharrat Jagdeo, Prime Minister Samuel Hinds, Chief Executive Officer of GBTI, Mr. Radhakrishna Sharma, members of the Diplomatic Corps, and other senior GBTI staffers were also present.
The Forum addressed the theme “The Cariforum/E.U. Economic Partnership Agreement – The Challenge to Transform” and focused on the new windows of opportunity that now exist for the Guyanese private sector under the Economic Partnership Agreement (EPA) between the European Union (EU) and CARIFORUM, comprising CARICOM countries and the Dominican Republic.
The EPA replaces the trading arrangements in the Cotonou Agreement arrived at between a grouping of African Caribbean Pacific (AFC) countries and the EU in 2000 and which expired at the end of December 2007. Cariforum comprises CARICOM countries and the Dominican Republic.
In his opening remarks, Chief Executive Officer, Mr. Radhakrishna Sharma gave a vision of the Forum, and said the Bank recognized the importance of local businesses becoming more aware of the challenges and opportunities within the various sectors that arise from the ever-changing internal and external environment. As such, the Forum was viewed as a tool for aiding the growth and development of the local business sector. The C. E. O. noted that the EPA highlights a number of issues which Guyana needs to be vigilant about, among them issues of sustainable development, good governance and intellectual property rights, which if properly addressed, could open new business opportunities for all.
President Bharrat Jagdeo, in his address to declare the Forum open, expressed his dissatisfaction that the EU time frame on the agreement did not allow enough time to the ACP for certain considerations to be made and for certain preparations by the countries. The President added however that there is need for Guyana to address the strategy of competitiveness, noting that to be internationally competitive, issues such as time and cost in doing business, harnessing of the tax system, the availability of financing to businesses, as well as facilitating trade and infrastructure among others, must be looked at in order to improve welfare and make greater profit for the private sector.
The feature address was delivered by Deputy Senior Director of the Caribbean Regional Negotiating Machinery (CRNM) body and Guyana’s former Ministers of Finance, Mr. Carl Greenidge, who contended that the ACP countries were fully aware that non-reciprocity was removed years before and it was sacrificed since the previous COTONOU agreement which they had signed on to.
Mr. Greenidge had different views on some of the sentiments offered by the President and said there is need for the region to be careful to distinguish reciprocity was part of the agreement. According to Mr. Greenidge, among issues which are a cause for concern include the length of time the region has taken to establish the CSME, the concentration of the Caribbean on tourism and the nature of trading agreements to the preferential markets.
Mr. Greenidge argued that the EPA is imbedded and is an extension of the Cotonou Agreement, and said among its advantages are - it contains chapters in agriculture and fisheries that speak to objectives of sustainable development competitiveness, poverty eradication, food security, diversification, additional market access, duty-free and quota-free access for all products.
Under the new agreement, which he said also helps the region to address issues by providing safeguards; Cariforum states will have duty-free and quota-free access to all goods exported to EU markets, with the exception of sugar, rice and bananas, where a short transitional arrangement is in place. The EU will also open 94 per cent of its services sector to the region, but in return, More Developed Countries will grant 75 per cent access to the EU while the Less Developed Countries (LDC) will have 65 per cent access of the services sector.
In addition, Cariforum has also undertaken to eliminate the duties on 82 per cent of its imports from Europe in the first 10 to 15 years of the EPA.
The forum also featured addresses by Dr Henry Jeffrey, Minister of Foreign Trade and International Cooperation; and CRNM officials - Messrs Nigel Durrant, Technical Analyst; Mr. Lincoln Price, Private Sector Liaison and Ms Natallie Rochester, Services Analyst.
LETHEM BRANCH PARTICIPATES IN CAREER FAIR
Our Lethem Branch hosted a booth at the first Career Fair in Region # 9 at the Tabatinga Sports Complex on May 29, 2008.
The event was declared open by Regional Chairman Mr Clarindo Lucas and was hosted to afford young people the opportunity to acquire information relating to job opportunities within the various organizations.
Students who visited our booth were given information on the various careers in banking and the relevant qualifications needed. Services brochures were also distributed.
QUEEN’S COLLEGE WINS REGENT STREET BRANCH’S 2nd ANNUAL IMPROMPTU SPEECH COMPETITION
Queen’s College defeated Annandale Secondary School to emerge the overall winner of the Guyana Bank for Trade and Industry (GBTI) Regent Street branch sponsored 2nd Annual Impromptu Speaking Competition for Secondary Schools at the finals held on Thursday, May 29, 2008 at the GBTI Recreational Centre.
Queen’s College scored 829 points to Annandale’s 673 and chose the following topics: What school means to me; If you were the principal of your school would you make changes? Why or why not; Beauty is in the eyes of the beholder.
The victorious QC students were Elson Low, Roberta Ferguson and Avonella Henry, who received the winner’s trophy from Minister of Culture, Youth and Sport, Dr. Frank Anthony. The Minister congratulated the Bank for organizing such a competition and noted that such rivalry has been missing for quite a while.
Avonella Henry of Queen’s College emerged the Best Speaker of the Competition amassing a total of 1057 points. She was also presented with her trophy by Dr Anthony.
The main objective of the Bank for the competition was to train young people for future social situations in which they may be asked their opinions on all sorts of issues and be expected to reply immediately and intelligently.
The other schools that participated in the Competition were Central High, Christ Church Secondary, Covent Garden Secondary, Cummings Lodge Secondary, Mae’s Secondary, Marian Academy, President’s College, Richard Ishmael Secondary, School of the Nations, St John’s College, St Joseph’s High, St Rose’s High and St Stanislaus College.
GBTI HOLDS SOD TURNING CEREMONY FOR NEW HEAD OFFICE
A function to turn the sod to ceremoniously mark the start of construction of the new $2.6B head office building of the Guyana Bank for Trade and Industry was held on Monday, April 28, 2008.
His Excellency President Bharrat Jagdeo performed the symbolic act of the turning of the sod signalling the start of construction of the modern, four-storey structure, which boasts an impressive architectural design, at the corner of High & Young Streets, Kingston, Georgetown.
In his address at the ceremony, Chief Executive Officer, Mr. Radhakrishna Sharma, indicated that the head office will open a new chapter in the bank’s progress and represent a further step towards strengthening the bank’s client relationship. It will set the Bank apart from the competition, while reaffirming the Bank’s commitment to providing quality products and services.”
He noted the decision to establish a head office was made in 2004, in keeping with the Bank’s forward-looking approach to being a strong financial player in the country’s growing economy, and added that the superb edifice would not only improve the capacity of the management team to enhance the delivery of service provided to the Bank’s clients, but will also bring architectural enrichment to its own location and to the capital city.The construction of the main building is the second phase of the project. The first phase involved site filling and pile driving for the foundation of the main building and the service buildings, and was completed in January 2008.
The contract for the construction of the main building has been awarded to KRS Construction (Guyana) Limited, and the building is expected to be completed in November 2009.
Speaking also was the Chairman of the Board of Directors, Mr. Robin Stoby, who said the head office reflects a coming of age of sorts for the bank, which became indigenous 21 years ago and became a public company 17-years-ago.
In his feature address, President Jagdeo complimented the Bank on its growth initiative, but however, warned financial institutions against importing the volatility of the global financial system which can cause crisis if safeguards are not put in place. He mentioned many examples, including the mid-90’s the Mexican crisis in which the sudden devaluation in the Mexican peso caused currencies in Argentina, Brazil and other countries to decline.
In addition, Mr. Jagdeo said that there needs to be increased dialogue between government and the private banking sector to coin appropriate financial instruments relevant to the needs of the people and country. The President said the government intends to maintain its tough regulatory stance to ensure strict compliance by financial institutions.
The President however was confident that the financial sector is strong and offered congratulations to GBTI on moving to establish its head office.
PARIKA BRANCH REPAINTS PEDESTRIAN CROSSING
On May 26, 2008, staff of our Parika Branch repainted a pedestrian crossing at Cornelia Ida Village on the West Coast of Demerara.
This activity marks the Branch’s continued commitment to the welfare of the community. The Police Traffic Department has lauded the Branch’s contribution to the country’s road safety drive.
IMPROMPTU SPEECH COMPETITION CONTINUES
The GBTI Regent Street branch sponsored Inter-Secondary School Impromptu Speaking Competition for Fourth Formers continued on Tuesday, May 06, 2008, at the GBTI Recreational Centre.
In the first contest, Annandale Secondary was very formidable in winning against Covent Garden Secondary 615 points versus 530 points.
In the second match of the day Central High School overpowered St. John’s College 653 points to 356 points in an almost one-sided affair.
The judges for the match contested were Mrs. Barbara Sukhai, Ms. Bonita Hunter and Dr. Joyce Jonas.
The competition continued on Thursday, May 08, 2008 in which St Rose’s High won against Mae’s Secondary School. The winning team benefited from their better composure and secured 606 point versus 481 points.
In the second match of the day Queens College faced good opposition from a determined Cummings Lodge Secondary School team, but was able to win with 820 points against Cummings Lodge’s 602 points.
The judges for the matches contested were Mrs. Joan Kendall, Mr. John Tracey and Mr. Geoffrey Smith.
The Competition continues on Tuesday, May 13, 2008 with St. Joseph's High School coming up against Marian Academy, to conclude the first round.
IMPROMPTU SPEECH COMPETITION CONTINUES
The GBTI Regent Street branch sponsored Annual Inter-Secondary School Impromptu Speaking Competition for Fourth Formers continued on Tuesday, April 29, 2008, at the GBTI Recreational Centre.
In the first contest, Richard Ishmael Secondary showed better composure and awareness in winning against St. Stanislaus College, scoring 340 points to St. Stanislaus’ 326 points.
The St Stanislaus team pulled the topics: Seeing is believing!; Should there be more agricultural education in Guyana?; Manners maketh man.
The Richard Ishmael Secondary team pulled the topics: Is there something as a generation gap?; What animal characteristics do you admire; What should be done about the state of West Indies Cricket?
The other match for the day between School of the Nations and North Georgetown Secondary School did not come off because the North Georgetown Secondary School has pulled out of the competition.
The judges for the match contested were Mr. Geoffrey Smith, Ms. Magda Pollard and Ms. Abiola Inniss.
The Competition continues on Tuesday, May 06, 2008 with St. John’s College coming up against Annandale Secondary and Central High School competing against Covent Garden Secondary.
VREED-EN-HOOP BRANCH CONDUCTS CAREER GUIDANCE SESSION AT WEST DEMERARA SECONDARY
Our Vreed-en-Hoop Branch conducted a Career Guidance Session at the West Demerara Secondary School, on April 24th, 2008. The attendees were 5th Form students of the school.
The session covered a range of topics relevant to their entry into the job market, including:
• Careers in Banking
• How to complete a Job Application
• Preparing for the Interview
• Conduct in the OfficeThe session lasted over two (2) hours and the students were very attentive and interactive. The facilitators of the session were Mrs Rambha Persaud – Chandebal, Manager of the Branch and Mrs Dahana Ramjist, Marketing and Public Relations Officer.
Head of the Business Department, Mr. Harry Narine expressed their thanks to the Bank for conducting the session and noted its relevance to the business curriculum at the school. He also noted that the Branch has over the years presented prizes to the Best Graduating Student and Best Graduating Business Student at the School’s Graduating Ceremony.
Tokens and relevant brochures were distributed by the Branch to all in attendance.
REGENT STREET BRANCH COMMENCES IMPROMPTU SPEECH COMPETITION FOR SECONDARY SCHOOLS
On Thursday, April 24, 2008 our Regent Street Branch commenced its Signature Activity – 2nd Annual Inter Secondary School Impromptu Speech Competition at the GBTI Recreational Centre, Kaieteur Road, Bel Air. The competition involves Fourth Formers from sixteen secondary schools, and runs for one month.
Mr Mario Farinha, Manager of the Regent Street Branch, in his opening remarks stated that, in hosting this competition the Branch sought to provide the medium that emphasizes the value of this art form, and also assist the Ministry of Education in fulfilling part of its objective as it relates to the English Language curriculum.
Ms, Genevieve Whyte-Nedd, Chief Education Officer, who offered remarks on behalf of her Ministry commended the Branch on its initiative to resurrect this lost art form and anticipated a sucessful competition.
The competition was declared open by Chief Executive Officer of GBTI, Mr Radhakrishna Sharma, who stated that as the largest Guyanese owned banking institution, GBTI sees itself as having an important role in the development and support of activities that seek to build individuals and communities, since this benefits the entire country.
Mr Sharma in his remarks also stated that in many cases the business sector points to a lack of key skills in young job aspirants as being a drawback to employment. Employers are constantly emphasizing that employability skills such as, communication, team work, problem solving, self-management, planning and organizing, technology, learning and initiative and enterprise are required by young people to ensure a successful transition from school to the business word and throughout their working lives.
To assist young people to improve their employability skills and enable them to function appropriately in the job market, it is therefore necessary that the school’s curricula be adjusted to accommodate the industry’s requirements. According to Mr Sharma, all public and private sector organizations and non-governmental agencies must play a committed role.
He further stated that, GBTI has maintained a well-known focus on young people over the years, from our Early Savers Club, which provides an opportunity for young people to save for their future to our Career Guidance Sessions conducted by our branches, that seek to prepare school leavers for the working environment.
First Match - President’s College vs Christ Church Secondary
The first match in the First Round of competition was held after the Opening Ceremony with President’s College competing against Christ Church Secondary. President’s College was adjudged the winner of the competition with a combined total of 571 points while Christ Church Secondary scored 569 points.
The topics selected by the students in this match were:
Unemployment & today’s youths.
You can make a child feel special by…
Violence in schools.
How important is volunteering in society?
Cruelty to animals.
How to deal to with a school bully?The panel of judges for the match comprised Mrs Bernadette Persaud – Senior Lecturer, University of Guyana, Mrs Joan Kendall – Retired Headmistress, St. Joseph’s High School and Mrs Barbara Sukhai – Management Consultant.
The First Round of Competition continues as follows:
Tuesday, April 29, 2008:
St. Stanislaus College vs Richard Ishmael Secondary
School of the Nations vs North Georgetown SecondaryTuesday May 6th 2008:
Annandale Secondary vs St John’s College
Central High vs Covent Garden SecondaryThursday, May 8, 2008:
St Rose’s High vs Mae’s Secondary School
Queen’s College vs. Cummings Lodge Secondary SchoolLETHEM BRANCH SPONSORS PRIZE AT ANNUAL RUPUNUNI RODEO
The Annual Rupununi Rodeo was held during Easter weekend (March 22nd – 23rd 2008) at the Triple ‘R’ Rodeo Ground just outside of Central Lethem.
Our Lethem Branch sponsored the prize for the Bare Back Bull riding competition which was won by Mr. Paul St.Hill of the Dadanawa Ranch. The bull riding competition is the main event at the Rodeo and attracted the most contestants in all of the events. The prize of $50,000 was presented to Mr. St Hill by Mr. Karl Sookram, Supervisor of the Branch.
Other competitions included the Bare Back horse riding and roping, Barrel races and wild cow milking. The event which is a major attraction during the Easter weekend was attended by approximately 3500 persons.
LETHEM BRANCH CONDUCTS CAREER GUIDANCE SESSION AT ST. IGNATIUS SECONDARY
On March 12th and 14th, 2008 our Lethem Branch, as part of our efforts at developing young people, conducted Career Guidance Sessions for approximately forty (40) Fifth Form students of the St Ignatius Secondary School.
The sessions covered a range of topics relevant to their entry into the job market, including, Careers in Banking, How to Complete a Job Application, Preparing for the Interview and Conduct in the Office. The facilitators at the sessions were Mr Mohan Tularam, Manager of the Branch and Mr Karl Sookram, Supervisor.
The Headmistress and teachers along with the students thanked the Branch for conducting the session and noted its relevance to the business curriculum at the school. They have also invited the Branch to make the presentation an annual feature.
PROVIDENCE BRANCH OBSERVES 1ST ANNIVERSARY
Our Providence Branch celebrated its 1st Anniversary on March 14th, 2008.
The branch was decorated with balloons, fresh flowers and an Anniversary banner. Customers conducting business during the day were treated to cake and tokens at the completion of their transactions.
A cocktail reception was held in the evening for corporate customers. Mr Surendra Samdass, Manager of the Branch, in his remarks to the attendees, thanked them for their support and anticipated their continued business relations.
PARIKA BRANCH HOSTS SCHOOL TOURStudents and their teacher of the Leguan Secondary School benefited from an educational tour of our Parika Branch on March 10, 2008.
During the tour they were addressed on the History of Banking, the History of GBTI and the services offered by the Bank by Mrs Nandanee Persaud, Manager and Ms Marilyn Li, Senior Supervisor. The students were also given a demonstration on the use of our Money Zone Automated Teller Machine.
At the end of the tour the group was treated to snacks and received tokens.
GBTI LAUNCHES "QUICK CASH" PREPAID CARD
On Thursday, March 6, 2008, the Guyana Bank for Trade and Industry Ltd introduced its newest card product, the GBTI Quick Cash Card, as part of efforts aimed at providing a superior andenhanced service for the benefit of the Guyanese banking public.
The GBTI Quick Cash Card is a pre-loaded Guyana dollar money card to which customers can load their cash funds. The Card is not linked with a bank account. However, cardholders cash conduct regular banking business using the Card: credit salaries and money transfers, make withdrawals and pay utility bills at ATMs and make purchases using our Point of Sale machines.
With the GBTI Quick Cash Card users can load cash up to G$250,000 and travel around the country and make purchases, pay for services and obtain cash using the Bank’s extensive ATM and Point-of-Sale network.
Chairman of the Bank’s Board of Directors, Mr. Robin Stoby, told a select gathering which included heads or representatives of several private and public sector companies that anyone,regardless of whether they are already the holder of a GBTI card can apply for the Quick Cash prepaid card. For employers, he said, the Card would lend to the saving of time and administrative costs in the payment of salaries.
The Chairman noted that when GBTI embarked on a course over a decade ago to bring to the Guyanese public the kind of banking products and services obtained by others in the developed world, it also made a conscious decision to embrace the technological advancements in the area of banking. He indicated that further that the Bank recently purchased a newcore application banking software out of Canada to allow for improved service delivery, and has began construction of its new Head Office at High and Young Streets, Kingston, which will house the Bank’s Private Banking Department.
Mr. Radhakrishna Sharma, Chief Executive Officer, in his address to the gathering, stated that the Bank’s aim in this card strategy is to reduce the use of cash by customers and allow them to improve their personal security. "The levels of crime directly related to our cash based payment system dictates that we seek a credible and reliable alternative, such as offered in the plasticcard environment." He noted the GBTI Quick Cash Card is an excellent and attractive alternative for cash-based solutions such as payroll payments and international remittances, as instead of paying cash to their clients, organisations and money transfer agencies can pay the funds to the GBTI Quick Cash Card.
The C.E.O. added that at GBTI all Guyanese now have access to the complete range of card based financial products: G$ and US$ Prepaid Cards, G$ and US$ Credit Cards and an array of G$ Debit Cards.
Chairing the afternoon’s ceremony was Mr. Sean Noel, Assistant Manager, Research and Planning, GBTI.
LETHEM BRANCH SUPPORT MASHRAMANI CELEBRATIONS
Our Lethem Branch continued its support of Mashramani celebrations in the region, for the second year, as they presented a trophy for the Best Float on Republic Day, February 23, 2008
The Celebrations commenced with a float parade with entries from the Regional Democratic Council, Wayka's Shop and Tabatinga. The Spectacular parade conculed at the Tabating sports Ground for the prize giving ceremony.
The entry by the Regional Democratic Council was adjudged the Best Float which was withnessed by large number of persons. The trophy was presented to a representative of the RDC's contingent by Mr. Mohan Tularam Manager of our Lethem branch.
ANNA REGINA PRESENTS BOOKS TO LIMA SANDS PRIMARY SCHOOL
Our Anna Regina branch on February 12, 2008 donated a number of books to the Lima Sands Primary School. The school was recently commissioned and the presentation is the first of its kind towards the establishment of a library at the school.
The books were presented by Ms Tagekumarie Dalchand, Supervisor’s Assistant of the Branch to Mrs Gangadai Baldeo, Headmistress of the school. Mrs Baldeo thanked the Branch for the generous donation as it will greatly benefit the children of the school.
PARIKA BRANCH OBSERVES 9TH ANNIVERSARY
On February 8, 2009 our Parika Branch celebrated its 9th Anniversary with activities to thank their customers for their patronage though the years.
The Branch was decorated with balloons and flowers and cake and tokens were given to all customers who conducted business through the day. Also displayed in the Banking Hall was a collage of photographs of Community Service Activities for the previous year.
In the afternoon a cocktail reception was held for corporate customers. Mrs Nandanee Persaud, Manager of the Branch, in her remarks to the attendees, thanked them for their support through the years and look forward to serving them in the coming years.
Through the years the Branch has given back to the community and customers through such activities as school tours for secondary school students, Career Guidance Sessions, sponsorship of prizes at Graduations, repainting of pedestrian crossings, the hosting of an Annual Christmas Luncheon for underprivileged children within the community and donations and other charitable work.
PARIKA BRANCH PRESENTS REFERENCE MATERIALS TO GREENWICH PARK PRIMARY
Our Parika Branch on February 4, 2008 donated a sum of reference materials to the Greenwich Park Primary School’s Library.
The presentation was done by Mrs Nandanee Persaud, Manager of the Branch to Mr Edmund Evelyn, Headmaster of the School. In his remarks he commended the branch for making the presentation, as it will greatly aid the learning and development of the young people.CORRIVERTON BRANCH CELEBRATES 11TH ANNIVERSARY
Our Corriverton Branch on January 16th, 2008 celebrated its 11th Anniversary with activities to thank customers for their patronage through the years.
The Branch was decorated with balloons and flowers and cake and tokens were given to all customers who conducted business through the day. A collage of photographs of community activities done for the past year was also displayed in the Banking Hall.
A cocktail reception was also held for corporate customers in the afternoon. Ms Roxanne Welcome, Manager of the Branch, in her remarks to the attendees, thanked them for their support through the years and look forward to serving them in the future.Over the years the Branch has given back to the community and customers thorough such activities as the hosting of a Cycling Event, Career Guidance Sessions at various schools, repainting of pedestrian crossings, Donations and other charitable work.
PARIKA BRANCH DONATES TO NDC
On September 27, 2007 a cheque was presented to the Chairman of the Mora / Parika Neighbourhood Democratic Council, by Mrs Nandanee Persaud, Manager of our Parika Branch, for the acquisition of a garbage receptacle.
The receptacle is now completed and is located in close proximity to the Branch.
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