~ New facility reinforces the Bank’s commitment to Guyana’s economic growth and strengthens its six-decade association with the country ~
Bank of Baroda has inaugurated its new Head Office and Georgetown Branch in Guyana, along with a Heritage Centre commemorating its 60-year association with the country. The facilities were inaugurated by His Excellency Dr. Mohamed Irfaan Ali, President of Guyana, in the presence of Dr. Debadatta Chand, Managing Director & CEO, Bank of Baroda, and other dignitaries.
Bank of Baroda began operations in Guyana on March 31, 1966, before the country attained independence. It remains the only Indian bank operating in Guyana, with two branches.
Speaking on the occasion, Dr. 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.”
The Bank’s total business in Guyana increased from GYD 28.7 billion in 2022-23 to over GYD 51.2 billion in 2025-26. Deposits grew by over 31%, advances by more than 22%, while net profit reached GYD 774 million. NPAs declined from GYD 314 million to GYD 38 million.
The Bank is also exploring UPI-based payment capabilities in Guyana in coordination with NPCI and relevant stakeholders, alongside opportunities in infrastructure, agriculture, renewable energy, SMEs and oil and gas.
