Sagicor Bank rebrands former RBC branches
Sagicor Group Jamaica has said that by today all 13 branches of the former RBC Royal Bank Jamaica will re-brand as Sagicor Bank.
"This exercise follows the announcement that the Sagicor Group had received regulatory approval for the acquisition of RBC Royal Bank on June 13, 2014," Sagicor said in a news release at the weekend.
The acquisition means that Sagicor Bank will now have 19 branches and 46 ABMs across the island.
"Our combined teams will soon get over the excitement of what a stronger Sagicor Bank means for our customers," the news release quoted Donovan Perkins, who was recently appointed president & CEO of Sagicor Bank.
"We will have an intense focus over the next 12 months, planning and executing our plans for a single and significantly upgraded technology platform to run our banking business," Perkins added.
He explained that until the integration project was completed, customers would be reminded to continue to bank at their existing branch locations, as their current banking arrangements remain the same.
Sagicor Group Jamaica is a financial services conglomerate with business in Jamaica, Cayman Islands and Costa Rica. The group offers products and services in the areas of banking, insurance, investments, real estate, asset management and retirement planning.