This week, we at Bourse review the performance of two key and homegrown members of the local Banking Sector, Republic Financial Holdings Limited (RFHL) and First Citizens Group Financial Holdings Limited (FCGFH) for their respective six-month periods (HY2024) ended March 31st, 2024. Both RFHL and FCGFH reported positive earnings growth, supported by a higher interest rate environment. Can both banks’ performances be maintained in the coming quarters?