First Citizens Bank Limited
Larry Howai, CEO
1. What makes your country attractive to investors?
Trinidad and Tobago is a stable democracy and its legal system is modelled along British lines. We have a highly educated and literate labour force, which speaks English.
2. What are the economic prospects for your country over the next three to five years?
Real GDP is expected to grow at 7% per annum in the next five years. We are already the number one oil and gas economy in the Americas and this will continue with a strong build-up of foreign reserves.
3.How do you foresee the financial sector in your country changing?
Our financial sector is the region’s best regulated. This is being strengthened with legislation to facilitate cross-border supervision. Capital markets will also be strengthened.
4.What role will your bank play in your country’s future development?
Our privatisation will add a strong new player to the stock market; our corporate social responsibility programmes will enhance the lives of thousands. We will transform the electronic payments system and become a larger regional player.
