Royal Bank of Trinidad and Tobago (RBC), who previously had divested the bank in 1987. On 16 June 2008, RBC completed the acquisition. RBTT Financial Holdings Limited and RBC Holdings (Trinidad & Tobago) Limited, a subsidiary of RBC, will amalgamate and continue as a wholly owned indirect subsidiary of RBC. The head office of the Caribbean operations for RBC will be located at Port of Spain, the capital of Trinidad and Tobago, and the site of RBTT's headquarters. RBTT's history in Trinidad and Tobago began in 1902 when the Union Bank of Halifax, based in Nova Scotia, Canada, opened a branch in Port of Spain. Union
Trinidad and Tobago of hurricanes is of concern to all Caribbean nations. In 2012, Trinidad and Tobago had a 9% chance each year of being struck by a hurricane, according to estimates by the International Monetary Fund. The two main bodies responsible for science, technology and innovation in Trinidad and Tobago are the Ministry of Science, Technology and Higher Education and the National Commission for Science and Technology. In 2002, Trinidad and Tobago adopted Vision 2020. Like Jamaica's Vision 2030 (2009) and the Strategic Plan of Barbados for 2005–2025, Trinidad and Tobago's Vision 2020 accords central importance to harnessing science, technology and innovation