S&P Affirms NCB’s Credit Rating at BB-

S&P Global Ratings has affirmed the National Commercial Bank’s Issuer Credit Rating at BB-/Stable/B.

S&P Global Ratings’ annual review of the institution highlighted NCB solidified position as the largest financial group in Jamaica and its diverse business model.

The report also notes NCB leading market position and extensive business lines, which provide a solid foundation for future growth and stability.

CEO of NCB, Bruce Bowen says the bank’s performance remains robust, with consistent profitability metrics and resilient risk-adjusted capital ratios.