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1 10, 2019

NCB Financial Group announces rating upgrade for subsidiary, National Commercial Bank Jamaica LImited

2019-10-01T13:50:39-05:00

October 01, 2019 Click below to view NCB Financial Group Limited's press release.   NCB-Financial-Group-Limited-NCBFG-Announces-Rating-Update-for-Subsidiary-National-Commercial-Bank-Jamaica-Limited   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

NCB Financial Group announces rating upgrade for subsidiary, National Commercial Bank Jamaica LImited2019-10-01T13:50:39-05:00
30 09, 2019

Bank of Jamaica holds policy rate

2019-09-30T21:46:36-05:00

September 30, 2019   Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered on overnight balances at Bank of Jamaica) unchanged at 0.50 per cent per annum. The decision to hold the policy rate unchanged is based on the Bank’s current assessment that monetary conditions are generally appropriate to

Bank of Jamaica holds policy rate2019-09-30T21:46:36-05:00
30 09, 2019

Jamaica Sovereign Credit Rating Raised To ‘B+’ From ‘B’ On Improved External Position; Outlook Is Stable

2019-09-30T14:02:07-05:00

September 30, 2019   Overview Jamaica has made material progress in achieving macroeconomic stability and strengthening of its external position, improving its ability to withstand external shocks. As a result, we are raising our long-term foreign and local currency sovereign credit ratings on Jamaica to 'B+' from 'B' and affirming our short-term foreign and local

Jamaica Sovereign Credit Rating Raised To ‘B+’ From ‘B’ On Improved External Position; Outlook Is Stable2019-09-30T14:02:07-05:00
20 09, 2019

IMF Staff Completes Review Mission to Jamaica

2019-09-26T14:06:57-05:00

September 20, 2019   The IMF team congratulates Jamaica for the successful completion of the country’s economic reform program supported by the IMF’s Stand-By Arrangement. The authorities’ exemplary program implementation has resulted in a stronger economy with significant reduction in vulnerabilities, and increased job creation. Broad-based ownership across stakeholders and the continued commitment to public

IMF Staff Completes Review Mission to Jamaica2019-09-26T14:06:57-05:00
18 09, 2019

FOMC lowers federal funds rate

2019-09-19T13:36:07-05:00

August 18, 2019   Based on information collected since the Federal Open Market Committee (FOMC) met in July 2019, the findings suggested modest growth in economic activity as the labour market remained strong. The unemployment rate has remained low, while job gains have been solid in recent months. Additionally, there were also indication of an

FOMC lowers federal funds rate2019-09-19T13:36:07-05:00
16 09, 2019

Sygnus reports 36% increase in year end net profit

2019-09-16T17:06:24-05:00

September 16, 2019 In United States dollars (except where it is indicated otherwise) Sygnus Credit Investments Limited, for the nine months ended June 30, 2019 reported Interest Income of US$3.17 million 171% increase on the US$1.17 million recorded in 2018. For the quarter, Interest Income rose 104% to US$727,583 (2018: US$356,542). The Company also reported Fair

Sygnus reports 36% increase in year end net profit2019-09-16T17:06:24-05:00
12 09, 2019

AFS to focus on EPS growth

2019-09-12T01:04:15-05:00

September 11, 2019   Shareholders were greeted by the Chairman of AFS, Mr. Rex James, who formally introduced the company’s board of directors before handing the proceedings over to Chief Executive Officer (CEO), Mr. Marcus James. Prior to Mr. Marcus James making his presentation, the CEO thanked shareholders for attending the meeting and placing their

AFS to focus on EPS growth2019-09-12T01:04:15-05:00