Nichole Brackett-Walters, Group Marketing and Communications Manager at NCB (L) and Alysia Moulton-White, Executive Director of the Sagicor Foundation celebrate the coming together of two of Jamaica s largest banks for a worthy cause.
Sagicor’s Sigma Run has received $1 million towards its fundraising target, thanks to the National Commercial Bank Jamaica Limited (NCB).
The donation was made in response to the Sagicor Foundation’s promise to match all donations made to the cause in the week of February 15-19, dollar-for-dollar.
“Usually, we have one of the largest teams at Sigma every year,” said Nichole Brackett-Walters, Group Marketing and Communications Manager at NCB. “However, the restrictions of the pandemic have forced us to re-imagine the way we show our support for worthy causes such as these while keeping our team members safe and adhering to the government’s COVID-19 restrictions. It’s a challenging time for everyone, especially when it comes to doing fu
Portland Barbados Limited, part of billionaire Michael Lee-Chin’s Portland group of companies, is seeking to raise up to US$4 million, or nearly J$600 million, in a bond offer. Some shares in NCB Financial Group Limited, NCBFG, and the Lee-Chi- owned swanky Trident Castle villas in the parish of Portland in Jamaica – the parish of Lee-Chin’s birth – are being put up as security for the bond.
The amount of NCBFG shares being used as collateral is equivalent to 60 per cent the value of the bond debt being sought, but with a 40 per cent margin. The prospectus for the bond offer notes that AIC Barbados, the gurantor of the senior secured notes placement, will secure the offer with the first mortgage over Trident Castle, as well as “execution of Jamaica Central Securities Depository pledge form by the guarantor in relation to NCBFG ordinary shares with market value equivalent to 0.6 (times) the principal amount; subject to a maintenance margin of 0.4 (times)”.
The buttons of WhatsApp, Facebook, Instagram, Snapchat and Youtube on the screen of an iPhone. (Photo: iStock/Stockcam)
With over two billion users, WhatsApp, the world’s most popular social messenger is now being used by National Commercial Bank Jamaica Limited (NCB) to communicate with its customers and members of the public.
NCB says the move to list the messaging platform among its service offerings stems from its aspiration to be a world-class Caribbean financial ecosystem by improving customers’ access points.
The first phase of the WhatsApp platform is driven by a Digital Assistant called “Simone”. Simone’s design is made from technology that is a menu-driven system programmed to give helpful responses on how customers can be served during the COVID-19 pandemic, respond to loan or credit card offers, and general information on the easy, safe and free solutions provided across the NCB Group. With the use of your keypad, you can chat with Simone by sending ‘Hi’