Mar 2026 Financial News

NCB Financial Group Limited - Advisory of Fitch Ratings

Mar 02, 2026

NCB FINANCIAL GROUP LIMITED ADVISES FITCH RATINGS’ AFFIRMATION OF NCBJ AND NCBFG’s IDRs AT ‘BB-’ AND ‘B+’; RATING WATCH NEGATIVE REMOVED AND OUTLOOK REVISED TO STABLE

NCB Financial Group Limited (NCBFG) advises that Fitch Ratings has affirmed the Long-Term and Short-Term Foreign and Local Currency Issuer Default Ratings (IDRs) of NCBFG and its principal banking subsidiary, National Commercial Bank Jamaica Limited (NCBJ), and has removed the prior Rating Watch Negative, assigning a Stable Outlook.

Fitch affirmed NCBFG’s Long-Term IDR at ‘B+’ and Short-Term IDR at ‘B’, and NCBJ’s Long-Term IDR at ‘BB-’ and Short-Term IDR at ‘B’.

The rating action reflects Fitch’s assessment of the Group’s capitalisation, liquidity position, funding profile and overall credit fundamentals within the current operating environment. The Stable Outlook indicates Fitch’s expectation that the Group’s financial profile will remain consistent with the current rating levels over the medium term.

NCBFG remains focused on prudent risk management, disciplined capital planning and sustainable value creation for shareholders.


 

Source:
The Trinidad and Tobago Stock Exchange Limited
Monday 2nd March 2026