Feb 2026 Financial News

NCB Financial Group Limited - Notice of Share Purchase Agreement between Subsidiaries

Feb 03, 2026

NCB FINANCIAL GROUP LIMITED ANNOUNCES SALE OF NCB (CAYMAN) LIMITED TO CLARIEN BANK LIMITED

NCB Financial Group Limited (NCBFG) advises that a Share Purchase Agreement has been signed between its major banking entities, National Commercial Bank Jamaica Limited (NCBJ) and Clarien Bank Limited (CBL), subject to receipt of all required regulatory approvals and non-objections. 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.

The transaction forms part of the NCB Financial Group’s ongoing efforts to optimise its business structure and align related business activities. The transaction is intra-group in nature and does not involve any third-parties.

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday 3rd February 2026