National Commercial Bank Jamaica
Sector: Commercial • Location: Jamaica
Source: International Finance Corporation (IFC)
_x000C_The proposed IFC investment consists of a loan of up to $45 million to National Commercial Bank Jamaica (NCBJ, the Bank, or the company),
NCBJ is the second-largest private commercial bank in Jamaica with total assets of $2.9 billion, total group equity of $266 million and a network of over 50 branches as of year end 2004.
The purpose of the project is fourfold:
- support the growth of
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | _x000C_The proposed IFC investment consists of a loan of up to $45 million to National Commercial Bank Jamaica (NCBJ, the Bank, or the company), NCBJ is the second-largest private commercial bank in Jamaica with total assets of $2.9 billion, total group equity of $266 million and a network of over 50 branches as of year end 2004. The purpose of the project is fourfold: - support the growth of the Bank’s lending operations - alleviate the lack of mid-term and long-term financing for private sector companies - provide NCBJ with an additional source of funding - ensure there is sufficient equity in the company to facilitate its future regional expansion plans Given NCBJs interest in IFC’s Global Trade Finance Facility, an incremental trade line may be made available to the company as well as Technical Assistance opportunities. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |