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Central Bank looking to impose penalties against Republic Bank

The Bank of Guyana is actively considering penalties against Republic Bank Limited (RBL) for the slothful manner in addressing its concerns of customers following the bank’s update of its systems in early November. 
“Republic Bank is forcing us in this direction” to institute penalties, Governor of the Bank of Guyana, Dr Gobind Ganga said during an engagement with the media at the Finance Ministry’s boardroom on Wednesday.

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