{"id":1804,"date":"2024-10-03T17:09:57","date_gmt":"2024-10-03T21:09:57","guid":{"rendered":"https:\/\/craftedcaribbean.com\/caricris\/?p=1804"},"modified":"2025-04-29T17:11:38","modified_gmt":"2025-04-29T21:11:38","slug":"ncb-financial-group-limited","status":"publish","type":"post","link":"https:\/\/craftedcaribbean.com\/caricris\/rating-releases\/ncb-financial-group-limited\/","title":{"rendered":"NCB Financial Group Limited"},"content":{"rendered":"<h2><strong>RATING ACTION:<\/strong><strong>\u00a0<\/strong><\/h2>\n<p>On September 20, 2024, CariCRIS reaffirmed the assigned regional ratings of <em>Cari<\/em><strong>A+<\/strong> (Local Currency Ratings) and<em> Cari<\/em><strong>A <\/strong>(Foreign Currency) and <em>jm<\/em><strong>AAA<\/strong> (Local Currency) and <em>jm<\/em><strong>AA+ <\/strong>(Foreign Currency) on the Jamaica national scale for <strong>NCB Financial Group Limited. <\/strong>A<strong> stable<\/strong> outlook was assigned.<strong>\u00a0<\/strong><\/p>\n<p class=\"badge\"><strong>RATING SENSITIVITY FACTORS:<\/strong><\/p>\n<p><strong>\u00a0<\/strong><strong>Factors that could, individually or collectively, lead to an improvement in the ratings and \/or outlook include:<\/strong><\/p>\n<ul style=\"list-style-type: disc;\">\n<li>Improvement in the credit ratings of the Government of Jamaica (GoJ) and\/or the Government of the Republic of Trinidad and Tobago (GoRTT) leading to an improved sovereign risk profile.<\/li>\n<\/ul>\n<p><strong>Factors that could, individually or collectively, lead to a lowering of the ratings\/or outlook include:<\/strong><\/p>\n<ul style=\"list-style-type: disc;\">\n<li data-mce-word-list=\"1\">Deterioration of any of the subsidiaries\u2019 CAR below the country-specific regulatory requirements<\/li>\n<li data-mce-word-list=\"1\">Deterioration in the credit ratings of the Government of Jamaica (GoJ) and\/or the Government of the Republic of Trinidad and Tobago (GoRTT) leading to a worsened sovereign risk profile<\/li>\n<li data-mce-word-list=\"1\">Deterioration in cost to income ratio of 90% or above<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Analysts\u2019 Contact Info:<\/strong><\/p>\n<p>Keith Hamlet<br \/>\nMobile : 1-868-487-4356<br \/>\n<a href=\"mailto:khamlet@caricris.com\">khamlet@caricris.com<\/a><\/p>\n<p>Sharlene Gordon<br \/>\nMobile : 1-1876-618-9811<br \/>\n<a href=\"mailto:sgordon@caricris.com\">sgordon@caricris.com<\/a><\/p>\n<p>www.caricris.com<br \/>\n<a href=\"mailto:info@caricris.com\">info@caricris.com<\/a><\/p>\n<p><strong>Disclaimer: <\/strong>CariCRIS has taken due care and caution in compilation of data for this product. Information has been obtained by CariCRIS from sources which it considers reliable. However, CariCRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. No part of this report may be published \/ reproduced in any form without CariCRIS\u2019 prior written approval. CariCRIS is also not responsible for any errors in transmission and especially states that it has no financial liability whatsoever to the subscribers\/ users\/ transmitters\/ distributors of this product.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RATING ACTION:\u00a0 On September 20, 2024, CariCRIS reaffirmed the assigned regional ratings of CariA+ (Local Currency Ratings) and CariA (Foreign Currency) and jmAAA (Local Currency) and jmAA+ (Foreign Currency) on the Jamaica national scale for NCB Financial Group Limited. A stable outlook was assigned.\u00a0 RATING SENSITIVITY FACTORS: \u00a0Factors that could, individually or collectively, lead to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"table_tags":[],"class_list":["post-1804","post","type-post","status-publish","format-standard","hentry","category-rating-releases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NCB Financial Group Limited - CariCRIS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/craftedcaribbean.com\/caricris\/rating-releases\/ncb-financial-group-limited\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NCB Financial Group Limited - CariCRIS\" \/>\n<meta property=\"og:description\" content=\"RATING ACTION:\u00a0 On September 20, 2024, CariCRIS reaffirmed the assigned regional ratings of CariA+ (Local Currency Ratings) and CariA (Foreign Currency) and jmAAA (Local Currency) and jmAA+ (Foreign Currency) on the Jamaica national scale for NCB Financial Group Limited. A stable outlook was assigned.\u00a0 RATING SENSITIVITY FACTORS: \u00a0Factors that could, individually or collectively, lead to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/craftedcaribbean.com\/caricris\/rating-releases\/ncb-financial-group-limited\/\" \/>\n<meta property=\"og:site_name\" content=\"CariCRIS\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-03T21:09:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-29T21:11:38+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/rating-releases\\\/ncb-financial-group-limited\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/rating-releases\\\/ncb-financial-group-limited\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/#\\\/schema\\\/person\\\/510bfdfe41fce6bedbec995f62a44967\"},\"headline\":\"NCB Financial Group Limited\",\"datePublished\":\"2024-10-03T21:09:57+00:00\",\"dateModified\":\"2025-04-29T21:11:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/rating-releases\\\/ncb-financial-group-limited\\\/\"},\"wordCount\":302,\"commentCount\":0,\"articleSection\":[\"Rating Releases\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/rating-releases\\\/ncb-financial-group-limited\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/rating-releases\\\/ncb-financial-group-limited\\\/\",\"url\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/rating-releases\\\/ncb-financial-group-limited\\\/\",\"name\":\"NCB Financial Group Limited - CariCRIS\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/#website\"},\"datePublished\":\"2024-10-03T21:09:57+00:00\",\"dateModified\":\"2025-04-29T21:11:38+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/#\\\/schema\\\/person\\\/510bfdfe41fce6bedbec995f62a44967\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/rating-releases\\\/ncb-financial-group-limited\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/rating-releases\\\/ncb-financial-group-limited\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/rating-releases\\\/ncb-financial-group-limited\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NCB Financial Group Limited\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/#website\",\"url\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/\",\"name\":\"CariCRIS\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/#\\\/schema\\\/person\\\/510bfdfe41fce6bedbec995f62a44967\",\"name\":\"admin\",\"sameAs\":[\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\"],\"url\":\"https:\\\/\\\/craftedcaribbean.com\\\/caricris\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NCB Financial Group Limited - CariCRIS","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/craftedcaribbean.com\/caricris\/rating-releases\/ncb-financial-group-limited\/","og_locale":"en_US","og_type":"article","og_title":"NCB Financial Group Limited - CariCRIS","og_description":"RATING ACTION:\u00a0 On September 20, 2024, CariCRIS reaffirmed the assigned regional ratings of CariA+ (Local Currency Ratings) and CariA (Foreign Currency) and jmAAA (Local Currency) and jmAA+ (Foreign Currency) on the Jamaica national scale for NCB Financial Group Limited. 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