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
First Citizens Bank (Trinidad and Tobago) of the general deceleration in the local economy, the Group’s gross loan base grew from $8.8 billion to $9.0 billion. In the year under review the Group successfully issued a US$175 million bond on the international capital market which was significantly oversubscribed. Standard & Poor's and Moody’s also re-affirmed First Citizens investment grade ratings of BBB+/A2 and Baa1/A1 respectively. First Citizens Bank (Trinidad and Tobago) First Citizens is a bank based in Trinidad and Tobago. First Citizens has assets of over TT$38 billion, 25 branches in Trinidad and three in Tobago and five in Barbados. It also has a representative