For decades Republic Bank has been engaged in making a difference in communities throughout Guyana. Our philanthropic programmes have been focused on developing the skills, talent and intellectual prowess of the people of Guyana and the Caribbean archipelago. Through our support of community outreach programmes, sport, culture, poverty alleviation, education and entrepreneurship we have continued to partner with individuals and groups in the communities in which we operate to promote self-sufficiency, development and hope for the future.

The NBIC's Better Living Loan Plan Christmas campaign "CHRISTMAS WISHES" will commence on Monday November 7, 2005 and will conclude on Friday December 30, 2005.Customers taking loans during this period will enjoy special interest rates, concessions on equity and will also get a chance to win a prize.

THE PROMOTIONAL OFFERS

Pick a discount:

Loans Officers across our branches will each have a gift box with gift cards. Each card will be specially marked with discounted interest rates. When a customer applies for a loan he or she will be given an opportunity to pick one of the cards from the gift box. The percentage quoted on the card will then be discounted from the interest rate applicable for that particular loan.

Items financed during the campaign:

During the Christmas Wishes loan campaign customers can apply for loans to purchase computers, home furnishings and appliances, and for home improvements and to cover personal expenses. However, customers can still avail themselves of loans under the other categories such as education, travel and motor vehicles.

Concessions on Equity

Usually borrowers are required to provide equity contribution of 25% of the cost of the item being financed. However, during the promotional period, that is from Monday November 7, 2005 up to Friday December 30, 2005, special concessions would be granted for loans. Depending on the amount of the loan, equity contributions could be as low as 0% but not higher than 15%.

Our customers will all be winners by getting attractive interest rates and concessions on equity contribution, in addition to getting a chance to win prizes. One drawing per Branch will be held at the end of the promotional period and each lucky winner will receive a prize of $15,000: to be credited to a pre-named account.

Benefits of the Christmas Wishes

• Interest rates are competitive when compared to hire purchase
• Concessions on equity
• A chance to win a prize
• You don't have to be a customer to qualify
• Quick approval, in some cases same day

How to qualify for a Christmas Wishes loan:

Requirements

• Job letter
• Proof of income (if self employed)
• Invoice/quotation for item to be purchased
• Estimate in case of repairs to/refurbishment of property
• Utility bill to determine proof of address

The whole idea of this campaign is to make financing easily available so that customers can realize their "Christmas Wishes" at this special time of the year.

We must emphasize that loans are also available in all categories throughout the year at all of our branches and not only during promotions.

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NBIC awards Smart Choice Account holders for their outstanding performance at the Secondary Schools Entrance Examination (SSEE) 2005.

On Monday October 17, 2005 the National Bank of Industry and Commerce Limited made a formal presentation to their top five Smart Choice Accounts holders who excelled at this year's Secondary Schools Entrance Examination.

The recipients of the award for 2005 were as follows:

• Lelannie D.Persaud - 543 marks
• Alexis Maharaj - 542 marks
• Sophia D.Persaud - 540 marks
• Kristen.S.Sukhdeo - 539 marks
• Krysta A.Yan - 539 marks

NBIC extends warm congratulations to these awardees and all Smart Choice Account holders who though they may not have qualified among the top five achievers named above, nevertheless performed creditably.



In the photograph are Ms. Freidel Isaacs- Principal of Queen's College, the awardees, and Officers of the National Bank of Industry and Commerce Limited- Marketing Department -Ms.Maryann Ann Dennis and Ms.Donna Roberts Benjamin.