Home Tag "NCB Financial Group Limited"

Caribbean Cement Company Secures JA$3B Revolving Loan Facility From National Commercial Bank Jamaica

Caribbean Cement Company Ltd. (CCC) and one of its subsidiaries, Jamaica Gypsum and Quarries Limited have entered into a revolving loan facility with National Commercial Bank Jamaica Limited as lender for a principal amount of $3 Billion Jamaican Dollars, which will be made available in United States Dollars. The proceeds from the Loan Facility received […]

Corportate Movements – December 2018

NCB Financial Group Posts Highest Profit In Company History Supported By Strong Performances Across Business Segments.

The NCB Financial Group Limited (NCBFG) and its subsidiaries (the Group) recorded net profits of JA$28.6 billion for the financial year ended September 30, 2018, with net profit attributable to stockholders of $28.0 billion, an increase of 46% or $8.9 billion over the prior year. For the fourth quarter, net profits exceeded JA$7 billion which […]

Salada Foods Jamaica Reporting A 219.82% Increase In Net Profits, Buoyed By Strong Sales Performance

NCB Financial Group Reduces Stake In JMMB Group Selling 6% Stake To PanJam Investment Booking Millions In Profit

NCB Financial Group Limited (NCBFG) announced last week that National Commercial Bank Jamaica (NCBJ) a wholly owned subsidiary sold 102,500,000 JMMB Group Limited ordinary shares on September 26, 2018. It was also announced last week that PanJam Investment Limited (PanJam) acquired 100,000,000 shares, or a 6.1% stake, in JMMB Group Limited (JMMBGL) on September 26, […]

Salada Foods Jamaica Reporting A 219.82% Increase In Net Profits, Buoyed By Strong Sales Performance

Executing A Strategy Driven By Innovation, Expertise And Financial Strength Delivering 40% Growth In Net Profit Attributable To Stockholders

The Board of Directors for the NCB Financial Group Limited and its subsidiaries have released their 2018Third Quarter Earnings Report recording net profits of JA$20.9 billion for the nine months ended June 30, 2018. Executing a strategy driven by innovation, expertise and financial strength the Group continued to make significant investments in building a world-class […]

Salada Foods Jamaica Reporting A 219.82% Increase In Net Profits, Buoyed By Strong Sales Performance

NCB Says Information Published Relating To The Price And Timing Of A New Offer By NCB To GHL Shareholders Is Inaccurate

The NCB Financial Group Limited (NCB) has issued a formal response to an article published in the May 20, 2018 edition of the Sunday Express Newspaper in Trinidad & Tobago. In its response published on the website of the Trinidad and Tobago Stock Exchange, NCB indicated that it was aware of the article, which suggested […]

Corportate Movements – December 2018

NCB Financial Group’s US$400M Takeover Of Guardian Holdings Lapses, Placed On Hold

There are now concerns that the NCB Financial Group’s US$400 million bid to take control of Guardian Holdings Ltd, which has now lapsed, has been placed on hold, even though the take up went beyond targeted take up offer. This following the announcement by Trinidad & Tobago’s securities regulator that it will hold expedited hearings […]

Corportate Movements – December 2018

How Nadeen Matthews Is Learning From Disappointment and Why Other Women Can

Nadeen Matthews, Chief Digital and Marketing Officer, NCB Group was the only Caribbean national named among the Young Global Leaders Class of 2017. Nadeen is the youngest female executive at the largest financial services institution and publicly traded corporation in Jamaica – the National Commercial Bank. The company also has business in Trinidad & Tobago, […]

Businessuite Women – “Manifest the Foreseen in 2019” – March 27th and 28th 2019

NCB Financial Group Reporting 28% Increase In Net Profits Of JA$4.6 Billion For Three Months Ending December 2017

The Directors of NCB Financial Group Limited and its subsidiaries have released their first quarter 2018 earnings report, recording net profits of JA$4.6 billion for the three months ended December 31, 2017, an increase of 28% or JA$1.0 billion over the prior year. Patrick Hylton, President and Group Chief Executive Officer, commenting on the Groups […]

Salada Foods Jamaica Reporting A 219.82% Increase In Net Profits, Buoyed By Strong Sales Performance

Wayne Chen Tenders His Resignation From The Board Of NCB Financial Group

NCB Financial Group Limited (NCBFG) has advised that Mr. Wayne Chen has tendered his resignation from the Board of Directors of NCBFG effective January 26, 2018. Mr. Chen has also resigned from the Boards of the following entities within the Group: • National Commercial Bank Jamaica Limited • NCB Insurance Company Limited • West Indies […]

Corportate Movements – December 2018