 In 1992 RB and Grupo Acedo-Mendoza established Acedo-Mendoza Fincor C.A., a confirming house with offices in Venezuela and Colombia as well as Trinidad.RB established Republic Bank Trinidad and Tobago (Cayman) Limited, a wholly owned offshore bank.RB purchased 51% of the National Commercial Bank of Grenada Limited, a commercial banking operation with eight branches on the islands of Grenada, Carriacou and Petite Martinique.