NCB Newsroom

After a pilot testing of 3 years a mathematics teaching module termed Mathematics Scope & Sequence of Content for Secondary Schools has been presented to the Ministry of Education (MOE) by the NCB Foundation with the aim to improve student performance in the CSEC/CXC Mathematics examination in secondary schools across the island.

For the 2011/2012 academic year, the NCB Foundation will be awarding scholarships and grants to more than 200 students at the primary, secondary and tertiary levels islandwide. The scholarship programme, which is embarking on its fourth year, will open on May 2, 2011 through to June 17, 2011 and will increase disbursements in line with cost of living and other socio-economic factors. Of note is the fact that the 14 Parish Champions to be selected will receive scholarships for the duration of their undergraduate programmes.

NCB employees joined forces on Read Across Jamaica Day as 25 branches converged on 70 primary schools across the island to spend quality time reading to our nation’s children. The initiative was part of the bank’s strategy to encourage and ignite a passion for reading among Jamaican youth.

National Commercial Bank Jamaica Limited (NCB) continues to demonstrate strength and sound financial performance as it reports a net profit of $3.12 billion for the quarter ending March 31, 2011 and $6.13billion for the six month period in a recent release. This profit represents an increase of 3.8% or $113 million when compared to the quarter ended December 2010; and an increase of 15% or $799 million year over year. In addition the Board of Director has declared an interim dividend of $0.18 cents per ordinary stock unit payable on 27 May 2011 for shareholders on record as at 13 May 2011.