(Trinidad Express) Republic Bank Ltd (RBL) has announced that newly issued credit cards will now carry a maximum limit of US$500 or the equivalent in T&T dollars.

In response the bank said, “The Central Bank Act is clear on the limits of our public disclosure of information submitted to us.

Last month another big Greek bank, EFG Eurobank , raised its stake in TT to 5.7 percent, sparking talk of positioning in view of further consolidation in Greek banking.

Israel is embarking on the largest expansion of West Bank settlements in decades, its finance minister announced Thursday, a step meant to reinforce Israeli control of the territory.

The Central Bank of Trinidad and Tobago will implement SimCorp Dimension to manage the investment operation of the country’s US$8.4 billion foreign exchange reserves.