Nation e-Edition

BNB bungle

BNB bungle Sir Roy Trotman (File Picture)

Sun, October 14, 2012 - 12:11 AM

WITH ALL THE TALK of divestment of state assets, there is at least one former Government-owned entity which union boss Sir Roy Trotman would like to have renationalized.

It is the now defunct Barbados National Bank (BNB), which was recently renamed the Republic Bank (Barbados) Limited, in recognition of its majority non-Barbadian owners.

While making it clear he had nothing against the Trinidadian company involved, Sir Roy revealed in a SUNDAY SUN exclusive interview that he was strongly opposed to the sale of BNB which for him was “one of the signs of true independence”.

“I feel very strongly about the Barbados National Bank now being the Republic Bank of Trinidad and Tobago,” said Sir Roy, general secretary of the Barbados Workers’ Union (BWU) and a former BNB director.

Please read the full story in today’s SUNDAY SUN, or in the eNATION edition.

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Posted by J. Payne 1 year, 9 months ago
All the millions that it will take to buy that back, Barbados could as well create a "New Barbados National Bank" and go from dey. Or perhaps a "Barbados Investment and Mortgage" (BIM). What is it with some people and a name. The Barbados can't run banks properly unless they have bright minds like Le Hunte to run them and take them regional.

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