Tag Archive | "National Commercial Bank"
NCB To Focus On Loans To Offset Jamaica Debt Exchange
THE National Commercial Bank (NCB) has signalled that a focus on its loans portfolio will guide its strategy for shoring up income lost from the financial fallout and the reduction in its interest income earnings from Government of Jamaica (GOJ) securities. NCB is expected to naturally shift the way it operates, following the effective conclusion [...]
Continue reading...NCB Lowers Its Automobile Loan Rates
Monday, February 1, 2010
Based on a full-page ad that was run in yesterday’s Sunday Gleaner, National Commercial Bank (NCB) has lowered its automobile loan rates from as low as 19.75% to as low as 16.95%. According to the ad: Get your auto loan now …. with rates as low as 16.95%. Plus, pay no principal for one (1) month. That’s [...]
Continue reading...Former Loans Officer Sentenced To 3 Years In Prison For Fraud
Thursday, January 21, 2010
27 year old Kevin Marshall, a former loans officer assigned to the Knutsford Boulevard branch of the National Commercial Bank, was sentenced yesterday to three years’ imprisonment, after he pleaded guilty to fraud charges in the Corporate Area Resident Magistrate’s Court. He was sentenced to 18 months for a count of conspiracy to defraud, and [...]
Continue reading...NCB Business Loans
Monday, November 30, 2009
National Commercial Bank (NCB) continues its drive to drum up loans, with an ad in today’s Jamaica Observer newspaper offering its business loans. Here are the details from the ad which had the slogan, ‘We help your business achieve big dreams‘: Get the support you need to realize your big dreams from NCB’s experienced Business Bankers. [...]
Continue reading...NCB Advertises Its Nation Builder Credit Line
Sunday, November 15, 2009
Late last month, we noted that National Commercial Bank (NCB) announced the creation of a $1-billion concessionary loan fund that will provide loans at 9.0%. Today, NCB has published a full-page ad in the Gleaner newspaper, announcing the launch of its Nation Builder Credit Line. Here are the details as per the ad: Financing at 9% Financing [...]
Continue reading...NCB Announces 9% $1-Billion Loan Fund
Wednesday, October 21, 2009
Following ScotiaBank’s recent announcement of the creation of a 9.95% loan pool for the productive sector, National Commercial Bank of Jamaica has announced the creation of a $1-billion concessionary loan fund that will provide loans at 9.0%. Loan applications for the facility will reportedly open on November 1, and close April 2010 – with special consideration [...]
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Friday, February 26, 2010
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