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Republic Bank Guyana review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Republic Bank Guyana, trading since 1836, suits salaried and self-employed borrowers in Guyana who want loans, savings and a mortgage from the same bank. Retail personal loans run at an APR of 5% to 15% over 60, and the Timesaver account pays 0.49% to 0.54% variable.

Key facts

Best for
Salaried and self-employed Guyanese borrowers wanting personal loans, a first time buyer mortgage and easy access savings in one place.
APR
5% to 15%↗
Loan amount
GYD 15,000↗
Term
60 months↗
Arrangement fee
1% of loan amount, min GYD 6,000, max GYD 55,000↗
Rate type
Variable↗
Lender type
Direct lender↗
Eligibility
Salaried or self-employed applicants in Guyana with evidence of fixed monthly income; ID, job letter, two recent payslips, TIN certificate and proof of address required↗
Origination fee (%)
1%↗
Loan types
Personal, Car, Debt-consolidation, Secured↗
Use cases
Home-improvement↗
Legal entity
Republic Bank (Guyana) Limited↗
Headquarters
Guyana↗
Founded
1836↗
Support channels
Phone, Email, Help-centre↗
Official website
republicguyana.com

Savings

Headline rate
0.49% to 0.54%↗
Minimum deposit
GYD 5,000↗
Access terms
Regular and unlimited access; 24-hour access via Blue Machine ATMs with a Republic OneCard/VISA OneCard↗
Account kind
Easy access↗

Mortgages

Initial rate
3.5%↗
Fixed period
20 years↗
Maximum loan to value
95%↗
Product fee
GYD 4,500↗
Purpose
Purchase, First-time-buyer↗

Facts checked September 26, 2026, 6 sources

Apps and profiles

Get the app
App Store
Elsewhere
LinkedInXfacebook.com

Pros and cons

Pros

  • It lends directly rather than through a broker, and the personal, car and debt consolidation range covers personal, car, debt consolidation and secured borrowing.
  • The Timesaver account pays 0.49% to 0.54% on a variable rate as an easy access account, with a GYD 5,000 minimum deposit.
  • Low cost mortgages start at an initial rate of 3.5% fixed for 20, aimed at purchase and first time buyers.
  • Access is regular and unlimited, with round the clock cash withdrawals at Blue Machine ATMs using a Republic OneCard or VISA OneCard.

Cons

  • Support runs on phone, email and help centre only, so there is no live chat listed for quick answers between branch visits.
  • The Timesaver account sets a GYD 5,000 minimum deposit, which puts it beyond a very small first balance.
  • Lending runs in a single market, Guyana, so the 5% to 15% range does not apply to borrowers in the UK or Europe.

Ready to try Republic Bank Guyana?

Scored 9.4 / 10 by SumCue.

See alternatives

Who it suits

  • First time buyers, since low cost mortgages cover purchase and first time buyers at up to 95% loan to value.
  • Savers who want their money reachable, as the Timesaver account is an easy access account paying 0.49% to 0.54% variable.

Who should look elsewhere

  • Borrowers in the UK or Europe: this bank lends in a single market, Guyana, so Cashspace or Creduma ES fit those applicants better.
  • Anyone who wants to borrow without a setup fee, since personal loans add an origination fee of 1% of loan amount, min GYD 6,000, max GYD 55,000, while Sofkredit quotes an APR of 10.74% to 18.06%.
  • Savers who need a fixed or notice account, since the Timesaver account is an easy access account.

How Republic Bank Guyana compares

Where Republic Bank Guyana is available

Available
Guyana

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate do Republic Bank Guyana personal loans charge?+

Retail personal loans carry an APR of 5% to 15% over a term of 60, on borrowing up to GYD 15,000. An origination fee of 1% of loan amount, min GYD 6,000, max GYD 55,000 applies on top, so the headline rate is not the whole cost of taking the loan.

Who can apply for a loan?+

Applicants must be salaried or self-employed in Guyana and show evidence of fixed monthly income, with ID, a job letter, recent payslips, a TIN certificate and proof of address. As a direct lender, the bank assesses every personal, car and debt consolidation request itself rather than passing it to a broker.

How much can I borrow and over what term?+

Retail loans run to GYD 15,000 over a term of 60, and the range covers personal, car, debt consolidation and secured borrowing, with home improvement listed as a use. Larger needs go through the mortgage route instead, where lending reaches 95% loan to value.

Is there a fee for taking out a loan?+

Yes. Retail loans add an origination fee of 1% of loan amount, min GYD 6,000, max GYD 55,000, which is 1% of the amount borrowed, and mortgages carry a product fee of GYD 4,500. The loan fee scales with what you borrow, so a larger loan carries a larger fee.

What does the Timesaver account pay and how do I get my money out?+

It pays 0.49% to 0.54% on a variable rate, as an easy access account with a GYD 5,000 minimum deposit. Access is regular and unlimited, and Blue Machine ATMs give round the clock cash withdrawals when you hold a Republic OneCard or VISA OneCard.

How are the low cost mortgages priced?+

Low cost mortgages start at an initial rate of 3.5% fixed for 20, aimed at purchase and first time buyers, with lending up to 95% loan to value. A product fee of GYD 4,500 applies, so the initial rate is not the full cost of the mortgage.

How long has Republic Bank Guyana been lending?+

Republic Bank (Guyana) Limited has traded since 1836 and is headquartered in Guyana. It is a direct lender, so applications go straight to the bank rather than through a broker or a marketplace.

Sources

  • republicguyana.com/about/contact-us checked September 26, 2026

    Backs: Headquarters, Support channels

    “Head Office 155-156 New Market Street, North Cummingsburg, Georgetown, Guyana”

  • republicguyana.com/about/history-republic-bank checked September 26, 2026

    Backs: Founded, Legal entity

    “The establishment of the first private indigenous bank to operate in British Guiana was on November 11, 1836”

  • republicguyana.com/personal/low-cost-mortgages checked September 26, 2026

    Backs: Fixed period, Initial rate, Maximum loan to value, Product fee, Purpose

    “Term: Amortisation over a minimum period of 20 years”

  • republicguyana.com/personal/make-it-happen-loans checked September 26, 2026

    Backs: Lender type

    “a loan is an arrangement in which a lender like us gives money to you our customer”

  • republicguyana.com/personal/retail-loans checked September 26, 2026

    Backs: Loan amount, APR, Eligibility, Loan types, Arrangement fee, Origination fee (%), Term, Use cases

    “Borrowing is available from as little as $15,000”

  • republicguyana.com/personal/timesaver-account checked September 26, 2026

    Backs: Access terms, Account kind, Headline rate, Minimum deposit, Rate type

    “If you need regular and unlimited access to the funds in your account to make day to day payments and the convenience of electronic banking, TimeSaver is right for you!”

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Credit check, Funding time, Representative example.

Republic Bank Guyana

Salaried and self-employed Guyanese borrowers wanting personal loans, a first time buyer mortgage and easy access savings in one place.

9.4/10See alternatives