February 2, 2026
NCB Financial Group Limited (NCBFG) has advised that a Share Purchase Agreement has been signed between its major banking entities, National Commercial Bank Jamaica Limited (NCBJ) and Clarien Bank Limited, subject to receipt of all required regulatory approvals and non-objections. NCBFG has further advised that under the proposed arrangement, Clarien Bank Limited, a majority-owned subsidiary of NCBFG, will acquire NCBJ’s wholly owned subsidiary, NCB (Cayman) Limited, together with a defined portfolio of wealth and investment management client relationships currently serviced within the Group’s Cayman operations. Upon completion, the Cayman entity will operate under the Clarien brand.
NCBFG has also advised that the transaction is intra-group in nature and does not involve any third parties.
For further details, visit www.jamstockex.com
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