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List of Commercial Banks in Trinidad and Tobago

Published by Gbaf News

Posted on April 19, 2013

1 min read

· Last updated: June 11, 2018

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Agricultural Development Bank of Trinidad & Tobago
RBTT – Royal Bank of Trinidad & Tobago
Republic Bank Limited
Scotiabank Trinidad & Tobago Limited

Key Takeaways

  • Trinidad & Tobago’s commercial banking sector includes both local and international institutions.
  • The Agricultural Development Bank serves as a development finance institution focused on agriculture rather than traditional commercial banking.
  • Major players include Republic Bank, Scotiabank Trinidad and Tobago, First Citizens Bank, CIBC FirstCaribbean, and JMMB Bank.
  • RBTT—Royal Bank of Trinidad and Tobago—ceased operations in 2008 after acquisition by RBC.
  • The Central Bank licenses and regulates all commercial banks in Trinidad and Tobago.

References

Frequently Asked Questions

Which are the largest commercial banks in Trinidad and Tobago?
Major banks include Republic Bank Limited, First Citizens Bank, Scotiabank Trinidad and Tobago, CIBC FirstCaribbean, and JMMB Bank Limited, all licensed by the Central Bank of Trinidad and Tobago.
What is the role of the Agricultural Development Bank?
The Agricultural Development Bank is a development finance institution established in 1968 to support the agricultural sector, not a traditional commercial bank.
What happened to RBTT – Royal Bank of Trinidad and Tobago?
RBTT was acquired by the Royal Bank of Canada in 2008 and ceased to exist as an independent commercial bank.

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