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Republic doesn't intend to sell shares

Trinidad Express "Republic Bank does not intend to sell its shares in the Barbados National Bank.

The Port of Spain-based bank responded on Wednesday to reports that the Barbados government had indicated its intention to buy Republic's 65 per cent stake in the BNB subsidiary.

'Republic Bank affirms that BNB is of strategic value to the bank's Pan-Caribbean strategy and that it has no interest in selling the Barbados-based subsidiary,' Republic Bank said in a statement."

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