Bank of Baroda (Guyana) Inc. inaugurates new head office in Georgetown. All details here

The Bank started operations in Guyana on March 31, 1966, nearly two months before Guyana attained independence.

In 1999, its local operations were converted into a wholly owned subsidiary, Bank of Baroda (Guyana) Inc.

Today, the Bank operates two branches in the country and remains the only Indian bank with a presence in Guyana.

The new building and Heritage Centre were inaugurated by Dr. Mohamed Irfaan Ali, President of the Co-operative Republic of Guyana, in the presence of Dr. Debadatta Chand, Managing Director & CEO, Bank of Baroda; Dr. Ashni Singh, Senior Minister in the Office of the President with responsibility for Finance; Chinmoy Naik, High Commissioner of India to Guyana; Alfred Mentore, Mayor of Georgetown; Gobind Ganga, Governor of the Bank of Guyana; and Nishant Ranjan, Chairman;  Sekhar Moses Mallampati, Director; and  Mohit Bhakuni, Managing Director, Bank of Baroda (Guyana) Inc.

Speaking on the occasion, Debadatta Chand, Managing Director & CEO, Bank of Baroda said, "This is not merely the inauguration of a new building. It represents a renewed commitment, a new beginning and, above all, the strengthening of a relationship that has endured for six decades. Our relationship with Guyana is older than its independence. We have grown alongside this country and have been part of its economic and financial journey. As an Indian bank with deep roots in Guyana, Bank of Baroda is proud to be a financial bridge connecting these two friendly nations."

Outlining the Bank's future priorities, Chand identified digital payments as a key area of focus, particularly in view of Guyana's introduction of its real-time payment system.

He said, "Following the understanding between India and Guyana, efforts are underway to facilitate UPI-based payment capabilities in Guyana. Bank of Baroda would be keen to contribute to this initiative in coordination with NPCI, the relevant authorities and other stakeholders. The recently announced US$500 million Indian credit facility for key development projects in Guyana represents another important milestone in this partnership. Our commitment is simple: We want to grow with Guyana, serve its people and contribute to its prosperity."

Delivering the featured address, Mohamed Irfaan Ali, President of the Co-operative Republic of Guyana, described Bank of Baroda’s investment in its new Head Office as a strong expression of confidence in Guyana's economy. He encouraged the Bank to extend greater financial support to small and medium-sized enterprises (SMEs), highlighting their vital role in creating employment and broadening economic participation. He remarked, "Large investors provide initial momentum. Small businesses provide the breadth, the reach and the staying power."