Corporate Citizenship

National Commercial Bank Jamaica Limited

The National Commercial Bank Jamaica Limited (NCB) and its subsidiaries corporate social responsibility activities are carried out primarily through the N.C.B. Foundation, which was formally launched in my 2003 with a $150 million (Jamaican) commitment to fund programs that improve educational opportunities for Jamaica’s youth. This initial funding was channeled through NCB’s Jamaican Education Initiative (JEI). The JEI was formalized to address poor literacy indicators, student enrolment declines and the rising cost of education in Jamaica. The initiative helped pay for a scholarship program, book exchange program and loan program for teachers as well as the donation of computers and software. The initiative, having realized the implementation of key projects was brought to a close in December 2008. It was reintroduced in Jun 2014 with a percentage of NCB KeyCard sales being donated to fund education initiatives.

Through the renewed JEI, the Adopt a School Program was launched for 2105. This program allowed all NCB branches and offices to adopt a primary school. The groups of branches and offices will assist their adopted schools in the following ways: introduction of the Junior Achievement Program, assistance on Teachers’ Day and Read Across Jamaica Day, mentorship and assistance with meal programs.

NCB contributed more than $11 million (Jamaican) to assist flood victims in May 2002 and $212 million (Jamaican) to assist victims of the 2004 hurricane disaster in the Caribbean.

In March 2004, NCB pledged US $1 million to be disbursed over five years to the technology Innovation Centre at the University of Technology in Kingston Jamaica.

Over the last 10 years since its formal establishment, NCB has donated in excess of $1 billion (Jamaican) through the N.C.B. Foundation. For more information about NCB’s corporate citizenship, visit the N.C.B. Foundation website.