Port of Spain, Trinidad, April 24, 2007: For an unprecedented fourth consecutive time in its history, Republic Bank Limited has been chosen Global Finance’s Best Emerging Market Bank 2007 in Trinidad and Tobago.

In commenting on the success, Republic Bank’s Managing Director, David Dulal-Whiteway said, “Last year, when we won the award we knew that we could not rest on our laurels, because Republic Bank is based on a healthy tradition of continually improving on our success, and in the process set the industry benchmark.”

“It is a definite honour to have been selected for a fourth consecutive year; this landmark achievement represents the result of Republic’s on-going commitment to professional and service excellence; strategic regional acquisitions and increased profitability,” he added.

“Moreover, it speaks volumes to our long-standing dedication and visionary approach to customer service and information technology backed by our remarkably gifted and loyal staff,” he added.

For 14 years, Global Finance editors – with input from industry analysts, corporate executives and banking consultants – have selected the best emerging market banks in Latin America and in 18 countries around the world, including Asia, the Middle East and Africa, Eastern Europe and Central Europe.

“Emerging markets are attracting increased attention as the global economy expands,” said Joseph D. Giarraputo, publisher and president of Global Finance. “We have identified the banks that provide service to corporations seeking to take advantage of substantial opportunities for growth in a sometimes challenging environment,” he added.

The New York based international banking and finance publication uses a number of criteria including growth in assets, profitability, strategic relationships, customer service, competitive pricing and innovative products to adjudge winners.

“This accomplishment echoes Republic’s vision of creating a true Caribbean Bank that empathises with the goals, dreams and aspirations of its people,” Dulal-Whiteway said.