At an extraordinary general meeting held yesterday, the National Commercial Bank (NCB) approved new articles which allows existing NCB staff, shareholders and directors to apply for NCB loans for the purchase of additional shares in NCB or related companies, including its latest associate Jamaica Money Market Brokers. This, of course, will be subject to the [...]
Continue reading...Saturday, July 24, 2010
National Commercial Bank (NCB) announced yesterday, that effective August 2010, the bank will cut its base lending rate by three percentage points, moving it to 17.75 per cent from 20.75 per cent. NCB now joins FirstCaribbean and Scotiabank in reducing interest rates. NCB’s announcement was made yesterday along with the release of the banking group’s [...]
Continue reading...Friday, March 26, 2010
Today’s newspapers feature full-page National Commercial Bank (NCB) advertisements for their NCB F.A.R.M. Loan. F.A.R.M. means “Financial Access for Responsible Members loan). Here are the details as per the newspaper advert: FARMERS … Let NCB help you grow with the NCB F.A.R.M. Loan Repay the loan as you reap your irish potatoes, onions and hot [...]
Continue reading...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 [...]
Continue reading...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 [...]
Continue reading...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 [...]
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Saturday, August 13, 2011
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