Trinidad and Tobago’s RBC Financial Caribbean maintains the leading position in The Banker’s Caribbean community (Caricom) ranking by Tier 1 capital, with a total of $2.73bn. It is one of four Trinidadian banks in the top 10, with Republic Bank, First Citizens and Scotiabank in third, fifth and seventh place, respectively.
The country's strong presence in the ranking is unsurprising as it remains the largest financial centre in the Caricom region in terms of its banking sector. Trinidad and Tobago’s lenders account for nearly 50% of the region’s total Tier 1 capital, 43% of total assets and about 40% of total pre-tax profits.