-
Profit by Arrangement: How Demerara Bank Used Its St. Lucia Arm to Boost Guyana 2025 Earnings
## Executive Summary My forensic analysis of Demerara Bank Limited’s 2025 Annual Report reveals a sophisticated inter-company profit engineering scheme where the Guyana parent company artificially inflated its standalone profits by approximately G$61.65 million through orchestrated transactions with its St. Lucia subsidiary. While the consolidated group showed legitimate growth, the Guyana operation’s reported profitability was… — read more
-
THE G$8.4 BILLION LIE: How Demerara Bank Fabricated Its 2025 ‘Record Guyana Profits
Based on my forensic analysis of the annual report, **the reported G$8.41 billion profit figure is technically correct but contextually misleading**, depending on which financial statement you’re looking at. The answer involves understanding *which* G$8.41 billion profit you’re referring to. ## 📊 The Two Different “G$8.41 Billion” Figures **1. PARENT COMPANY (GUYANA STANDALONE) PROFIT:** –… — read more