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Antigua and Barbuda – ACB acquired the Royal Bank of Canada Operations

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Antigua and Barbuda and four other regional banks acquired the RBC operations in their respective territories on April, 1, 2021, with a focus on scaling the business of their individual banks.

The manager of Antigua Commercial Bank (ACB) Caribbean Mortgage and Trust, Peter Ashe, said all former Royal Bank of Canada (RBC) employees in Antigua and #Grenada will remain in the new institution after the acquisition.

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