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What are the functions of the Bank Supervision
Department? |
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The Bank Supervision Department is responsible for the
supervision and regulation of financial institutions
licensed by the Bank of Guyana. In fulfilling
these responsibilities, it evaluates applications for
licences, monitors and inspects the activities of those
licensed financial institutions. |
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Are all financial institutions in
Guyana supervised by the Bank of Guyana? |
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No, the Bank of Guyana only supervises financial institutions
which are licensed under the Financial Institutions Act
1995 [No. 1 of 1995]. |
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Our company is interested in opening a
bank in Guyana, what are the procedures / requirements? |
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You should follow the licensing
procedures listed in
Supervision Guideline No. 2 |
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How can I obtain a copy of the
Financial Institutions Act 1995? |
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Copies
of the Act can be purchased from Parliament Office. |
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If I have a problem with one of your
local banks could I direct my concern to the Bank of
Guyana? |
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Yes,
provided every attempt has been made to resolve the
problem with the bank. |
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What is the position with Globe Trust
Investment Company Limited (GTICL)? |
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An Administrator has been appointed by the Bank of Guyana and
all questions on GTICL should be directed
to him. The Administrator can
be reached at 92 Middle Street, North Cummingsburg,
Georgetown.
Email:
GTICL @ Solutions2000.net
Website:
www.gticl.com
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