We, the undersigned individuals, would like to advise the majority shareholders, board of directors and management of Cayman National Bank (CNB) that we DO NOT SUPPORT the majority acquisition of the ONLY remaining Caymanian bank to Republic Bank Trinidad and Tobago (Barbados) Limited (RBTTBL).
We wish to advise the bank that should a decision be made to sell there will be far reaching implications including many current account holders moving their assets from CNB to another institution as a means of protest.
Updates
August 9, 2018
The board has remained silent regarding our concerns but the steady stream of people signing shows they cannot ignore us forever. Please email the bank leadership today to demand an explanation for this proposed sale. We need to keep the pressure on until they acknowledge that our assets are not for sale to foreign interests.
August 9, 2018
The momentum behind this petition is undeniable and shows that our community is not willing to let our final local bank be sold off without a fight. Post this link on your Facebook feed right now and send a direct email to the board of directors demanding they protect our national interests.
Reached 100 supporters
August 9, 2018
87 Comments
If that happens lots of Caymanians would be out of a job.they would be bringing their own with their own rules and regulations. I know i worked for Repunlic Bank
What value would Republic Bank bring to benefit the people of Cayman? Innovation? No Better governance? No Interesting products? No Differentiated thinking? No
Republic has had issues in the past. Secondly they will do what RBC Trinidad did to RBC Bahamas. Close out credit card, lending etc and move to Trinidad. Customer service in Trinidad is awful and do not see any future of it improving.
There will probably staff lay off and everything will go through Trinidad The first they need to offer shares locally to amount to 51% at least some Caymanians will get some investments
It is not in the best interests of the customers and certainly not in the best interest of the brand and its employees. As a customer, I will certainly be moving my business elsewhere if this goes through.
Cheers! Awesome information. personal loans for poor credit
Plain & simple, we need to keep CNB and all other things we hold dear as Caymanians. Are we really poised to sell and or destroy EVERYTHING Caymanian ??????
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We, the undersigned individuals, would like to advise the majority shareholders, board of directors and management of Cayman National Bank (CNB) that we DO NOT SUPPORT the majority acquisition of the ONLY remaining Caymanian bank to Republic Bank Trinidad and Tobago (Barbados) Limited (RBTTBL).
We wish to advise the bank that should a decision be made to sell there will be far reaching implications including many current account holders moving their assets from CNB to another institution as a means of protest.
Updates
August 9, 2018
The board has remained silent regarding our concerns but the steady stream of people signing shows they cannot ignore us forever. Please email the bank leadership today to demand an explanation for this proposed sale. We need to keep the pressure on until they acknowledge that our assets are not for sale to foreign interests.
August 9, 2018
The momentum behind this petition is undeniable and shows that our community is not willing to let our final local bank be sold off without a fight. Post this link on your Facebook feed right now and send a direct email to the board of directors demanding they protect our national interests.
Reached 100 supporters
August 9, 2018
87 Comments
If the CNC shares were listed on a major exchange in New York, Toronto or London, the foreign investors would probably value it much more highly, and those wanting to sell could get a much better price than US6.25, while Cayman could keep control over its local bank. Save Peter Tomkins' bank for the Cayman people.
If that happens lots of Caymanians would be out of a job.they would be bringing their own with their own rules and regulations. I know i worked for Repunlic Bank
What value would Republic Bank bring to benefit the people of Cayman? Innovation? No Better governance? No Interesting products? No Differentiated thinking? No
Republic has had issues in the past. Secondly they will do what RBC Trinidad did to RBC Bahamas. Close out credit card, lending etc and move to Trinidad. Customer service in Trinidad is awful and do not see any future of it improving.
There will probably staff lay off and everything will go through Trinidad The first they need to offer shares locally to amount to 51% at least some Caymanians will get some investments
It is not in the best interests of the customers and certainly not in the best interest of the brand and its employees. As a customer, I will certainly be moving my business elsewhere if this goes through.
Cheers! Awesome information. personal loans for poor credit
Plain & simple, we need to keep CNB and all other things we hold dear as Caymanians. Are we really poised to sell and or destroy EVERYTHING Caymanian ??????
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If the CNC shares were listed on a major exchange in New York, Toronto or London, the foreign investors would probably value it much more highly, and those wanting to sell could get a much better price than US6.25, while Cayman could keep control over its local bank. Save Peter Tomkins' bank for the Cayman people.