The Atrium, NCB's headquarters on Trafalger Road in New Kingston.
NATIONAL COMMERCIAL Bank is a behemoth in the local banking industry with customer deposits growing by an average of 12 per cent over the past five years.
Beyond the Group's distribution strength in commercial banking, NCB enjoys robust business model stemming from the group's diversified income streams.
A dominant presence in the foreign exchange market, fixed income and equities trading. Its insurance division has also carved a niche in the higher end of the local insurance market.
The Bank's reputation as a stable and profitable entity may be seen through its success in securing a US$30 million loan from the World Bank.
NCB's policy to pay out as much as 50 per cent of ordinary realised profits in dividends, together with the low P/E ratio and the impairment to profits from the 'Dyoll Debacle', positions this stock as one of the better 'buys' for 2006.
