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Special Advisory: NCB Financial Group Limited (NCBFG)

October 1, 2019

NCB Financial Group Limited (NCBFG) has advised that its subsidiary, NCB Capital Markets Limited, has completed the sale of its 100% stake in Advantage General Insurance Company Limited. NCBFG has also advised that S&P Global Ratings ungraded its subsidiary, National Commercial Bank Jamaica Limited’s credit rating to ‘B+’ from ‘B’ with outlook – stable.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

2019-10-01T20:49:35-05:00