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May 25, 2015 4:25 PM ET

Banks

Company Overview of National Commercial Bank Jamaica Limited

Company Overview

National Commercial Bank Jamaica Limited, together with its subsidiaries, provides various banking products and services in Jamaica. The company operates through Retail & SME; Payment Services; Corporate Banking; Treasury & Correspondent Banking; Wealth, Asset Management & Investment Banking; Life Insurance & Pension Fund Management; General Insurance; and Other segments. It offers various deposit products that include current and savings accounts; loans, such as automobile, mortgage, secured, and unsecured loans; personal and private banking services; foreign exchange services; pension services; equity, money market, bond, and mutual fund products, as well as corporate finance and portfolio...

32 Trafalgar Road

Kingston,  10

Jamaica

Founded in 1837

Phone:

876-929-9050

Key Executives for National Commercial Bank Jamaica Limited

National Commercial Bank Jamaica Limited does not have any Key Executives recorded.

National Commercial Bank Jamaica Limited Key Developments

National Commercial Bank Jamaica Limited Announces Resignation of Ffrench Campbell as Senior Assistant General Manager-Group Facilities and Services

National Commercial Bank Jamaica Limited announced that Mr. Ffrench Campbell - Senior Assistant General Manager-Group Facilities and Services Division has tendered his resignation effective May 8th, 2015.

National Commercial Bank Jamaica Limited Reports Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended Mar. 31, 2015; Declares Interim Dividend, Payable on May 21, 2015

National Commercial Bank Jamaica Limited reported unaudited consolidated financial results for the second quarter and six months ended Mar. 31, 2015. For the quarter, operating income was JMD 11,673,813,000 against JMD 10,305,349,000 for the same period of last year. Operating profit was JMD 4,271,280,000 against JMD 3,394,061,000 for the same period of last year. Profit before taxation was JMD 4,421,862,000 against JMD 3,697,130,000 for the same period of last year. Net profit was JMD 3,268,027,000 against JMD 3,051,815,000 for the same period of last year. Earnings per basic and diluted stock unit was JMD 1.32 against JMD 1.24 for the same period of last year. For the six months, operating income was JMD 23,634,984,000 against JMD 20,775,524,000 for the same period of last year. Operating profit was JMD 7,014,921,000 against JMD 6,168,361,000 for the same period of last year. Profit before taxation was JMD 7,320,304,000 against JMD 6,986,449,000 for the same period of last year. Net profit was JMD 5,401,098,000 against JMD 5,552,810,000 for the same period of last year. Earnings per basic and diluted stock unit was JMD 2.19 against JMD 2.26 for the same period of last year. Net cash used in operating activities was JMD 9,351,335,000 against net cash provided by operating activities of JMD 32,808,618,000 for the same period of last year. Acquisition of property, plant and equipment was JMD 949,977,000 against JMD 733,426,000 for the same period of last year. Acquisition of intangible asset - computer software was JMD 357,528,000 against JMD 541,089,000 for the same period of last year. The company's board of directors, at its meeting on April 23, 2015, declared an interim dividend of JMD 0.45 per ordinary stock. The dividend is payable on May 21, 2015 for stockholders on record as at May 8, 2015. The ex-dividend date on May 6, 2015.

National Commercial Bank Jamaica Limited, Board Meeting, Apr 23, 2015

National Commercial Bank Jamaica Limited, Board Meeting, Apr 23, 2015. Agenda: To consider the payment of an interim dividend to stockholders.

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