Commercial banks must expand beyond core services- GBTI Chairman

Published on Tuesday, November 10, 2026, at 7:27 by journalist Denis Chabrol, the report outlines a landmark strategic shift from Guyana Bank for Trade and Industry (GBTI), one of the South American nation’s leading commercial financial institutions. During the official launch of its new flagship corporate initiative “GBTI Care”, GBTI Chairman Suresh Beharry emphasized that traditional financial service delivery alone is no longer sufficient for local commercial banks to thrive in Guyana’s rapidly evolving economic landscape. Beharry argued that banking institutions cannot achieve lasting, long-term profitability in a society that fails to progress equitably, noting that sustained success depends on preserving the trust of customers, staff, shareholders, and the broader national community. Against the backdrop of Guyana’s status as the world’s fastest-growing economy by revenue, economic activity, and population expansion metrics, Beharry noted that the unprecedented boom of recent years has unlocked once unthinkable prosperity opportunities, but raw economic growth does not automatically translate to inclusive, sustainable human development. That outcome, he stressed, requires intentional, coordinated investment in people, community infrastructure, environmental preservation, and accountable institutional governance. GBTI Care represents a formal, structured evolution of the bank’s decades-long history of supporting local educational, charitable, cultural, and public welfare projects, embedding Environmental, Social and Governance (ESG) frameworks directly into every core operational layer of the institution. Unlike ad-hoc corporate social responsibility efforts of the past, the new program will integrate ESG priorities into lending policies, risk assessment protocols, procurement workflows, and daily frontline and back-office operations, with clearly defined targets and measurable impact tracking. The initiative is centered on four core pillars: targeted community development projects, widespread national financial literacy programming, responsible banking product design, and proactive environmental stewardship. Beharry noted that GBTI cannot deliver these transformative outcomes in isolation, and will seek cross-sector partnerships with public health bodies, nonprofits, local businesses, and community groups to maximize reach. A representative photo from the launch shows Beharry alongside GBTI staff at the official unveiling, while a separate image documents the program’s first public disbursement: a direct financial grant to St Joseph’s Mercy Hospital to support its public healthcare services. GBTI Chief Executive Officer Shawn Gurcharran confirmed that the bank’s robust recent performance has laid a solid foundation to support the long-term GBTI Care commitments, highlighting that the institution has expanded its service portfolio, invested heavily in staff upskilling, and upgraded its capabilities to serve Guyana’s increasingly sophisticated consumer and business client base. He attributed the bank’s consistent growth to unwavering customer confidence and the dedicated efforts of its workforce. Official third-quarter 2026 financial results underscore this strong operational position: GBTI’s Profit After Tax rose 44% year-over-year, Earnings Per Share increased 43%, and Return on Average Equity hit 18.1%, reflecting disciplined capital allocation and sustainable return generation. Total customer deposits climbed 13% from the prior year to reach GYD 292 billion, demonstrating sustained high levels of client engagement across the bank’s national footprint.