May 2, 2024
Demerara Bank reports taxed profit of $2.154B
…announces expansion of services Demerara Bank Limited has reported a massive 41 per cent increase of its Profit After Taxation during the 2024 interim period – a testament to its well-crafted and timely execution of key strategies which it plans to further enhance through the expansion of services being offered. The bank’s interim results for […]
April 17, 2024
‘‘WE LIFT 4’’ initiative gets $9M in corporate support
…250 women-led businesses to be showcased this weekend As the ‘WE LIFT’ initiative embarks on its 4th year journey, several major corporations including Nation’s Incorporated, ExxonMobil, Demerara Bank, ENET, IDB, Banks DIH, and GTT have generously sponsored substantial amounts to support its upcoming women’s expo 4 this weekend. Together, they have contributed some $9 million […]
December 23, 2023
Dowlat Parbhu named new CEO of Demerara Bank
Demerara Bank Limited, the country’s lone indigenous bank has announced the appointment of Dowlat Parbhu as the bank’s new Chief Executive Officer (CEO), effective January 1, 2024. Parbhu will be taking over from Pravinchandra Dave who will be retiring at the end of this year. Demerara Bank Limited has been in existence for 29 years. […]
