CAB Conference 2016 Test Drive | Page 60

members round-up organisation satisfying our members and customers with a competitive range of savings, mortgage loans, financial and other services, directly and through our subsidiaries.” JNBS is the leading building society in Jamaica and the Caribbean, and remains the third largest financial institution in Jamaica in terms of its assets, capital base and savings among local commercial banks, building societies and licensees, under the Financial Institutions Act, for the financial year ended March 2013. The Society provides home loans and savings accounts, and through its subsidiary, JN Money Services Ltd., facilitates international money transfers. The Society has an extensive distribution network, with (1,065) staff members, (38) ATMs, (15) branches, (19) Money Shops and (2) JN Express Teller locations in Jamaica, as well as Overseas Representative Offices in the USA, Canada and the United Kingdom. The parent of a diverse group, “The Society” has a number of subsidiaries, including JN Small Business Loans Ltd., Management Control Systems, JN Money Services Ltd., JN General Insurance Company Ltd., National Building Society of Cayman and JN Fund Managers Ltd., which, at March 31, 2013 had funds under management of US$234.9 million. “The Society’s” audited asset base as at March 2013 was US$1.05 billion and the JNBS Group audited asset base was US$1.46 billion. National Commercial Bank Jamaica Ltd. Group Managing Director: Mr. Patrick Hylton 32 Trafalgar Road, PO Box 88, Kingston, Jamaica Tel: (876) 929 9050/89 Fax: (876) 929 8399 E-Mail: [email protected] Website: www.jncb.com The National Commercial Bank Jamaica Limited (NCB) has stood at the centre of the financial services industry in Jamaica for decades. The growth of our organisation dates as far back as 1837, when the Colonial Bank of London began operations in the bustling port city of Kingston, Jamaica. That same year, the bank issued Jamaica’s first bank notes, payable in British, Spanish or local currency. As inheritors of that pioneering legacy, through mergers and acquisitions, an institution has emerged that is truly proud to be Jamaican-owned and operated. Since 1977, as National Commercial Bank Limited, we have continued to meet the needs of individuals, families, entrepreneurs, professionals and companies, while supporting the dreams of generations of Jamaicans everywhere. NCB remains a market leader in the industry, operating primarily based on our three strategic Brand Pillars: Inno- vation, Expertise and Strength. In 1983, NCB became the first Jamaican bank to have deposits in excess of J$1.0 billion. NCB is also the first Jamaican bank to access a Caribbean Information and Credit Rating Services Limited’s (CariCRIS) credit rating indicating NCB’s commitment to openness and transparency in its operations across the Caribbean. NCB has made significant contributions to the country by implementing Jamaica’s first and only local credit card (Keycard) in 1981; the island’s first ‘Drive Thru’ ABM in 2002; the first full service Customer Care Centre in the local financial industry in 2003; the first mobile Point-of-Sale terminal in 2006 and the first online loan and credit card application in 2008. Our industry remains a rapidly-changing and competitive one, but we aim to be an agile and flexible group of companies that meets all the financial needs of our customers, no matter what stage they may be in their life cycleNCB Capital Markets Limited, offers securities, stock brokerage, fund and investment management services; NCB Insurance Company provides bank-assurance and pension fund management, ordinary long-term insurance products; NCB (Jamaica) Nominees with registrar services; off-shore banking services via NCB (Cayman) Limited and remittances through NCB Remittance Services (UK) Ltd. As the island’s leading home-grown Bank, NCB is passionate about our corporate social responsibility. The NCB Foundation was established to fulfil this commitment and continues to significantly impact lives, through its focus on education, community development and youth leadership and entrepreneurship. NCB acknowledges our duty to give back to our communities and our people, especially our youths, as we strive to Build a Better Jamaica. The Victoria Mutual Group President & CEO: Mr. Richard Powell 73- 75 Half Way Tree Road, Kingston 10, Jamaica Tel: (876) 754 VMBS (8627)/ 1 (888) 937 8627 Fax: (876) 929 5224 E-mail: [email protected] Website: victoriamutualgroup.com The Victoria Mutual Group originated in 1878 with the founding of The Victoria Mutual Building Society (VMBS). The Group offers an array of financial and other services to Jamaicans at home and in the Diaspora with the primary purpose of helping its Members and Clients to achieve financial independence. Explicitly, the Group offers Savings and Deposits, Share Loans, Residential and Commercial Mortgages, Foreign Exchange Trading; Wealth Management and Investment Services; Real Estate and 59