Financial services group Republic Bank has agreed a three-year extension to its sponsorship deal with Twenty20 cricket competition the Caribbean Premier League.
Republic, which is headquartered in Port of Spain, Trinidad and Tobago, will continue as the tournament’s official bank partner until the end of the 2020 campaign.
The group has partnered the CPL for the last two seasons and is expanding its role in the event in line with its vision to be the region’s leading bank. As part of the arrangement all CPL banking activity will move to the bank, which will assist in helping navigate the inter-island challenges that many Caribbean businesses face.
Republic will also provide CPL-related special offers and competitions to its customers.
Nigel Baptiste, managing director of Republic Bank, said: “This partnership has given us the opportunity to not only augment our focus on building successful societies, both locally and regionally, but to also help provide the economic and environmental benefits of tourism – a sector that is critical to the development of many of our Caribbean countries.
“Our hope is that, through this League, there will be deeper integration and collaboration between the leading minds and organisations across the region, resulting in both the tangible and intangible benefits that can come from being parts of a larger whole.”
Republic Bank serves as a CPL tournament sponsor alongside Hero, Digicel, Guardian Group, El Dorado Rum, Caribbean Airlines, Kallco and Busta Soft Drinks.