Overview

NCB Merchant Bank (Trinidad and Tobago) Limited ,formerly NCB Global Finance Limited (‘NCBGF’) is a Trinidad & Tobago based Non-bank Financial Institution and Broker-Dealer, licensed and regulated by the Central Bank of Trinidad & Tobago and the Trinidad & Tobago Securities and Exchange Commission respectively. 

 

NCBMBTT, (formerly NCBGF) is authorized to carry on the following classes of business:



    • Loans and leases (includes vehicle & equipment financing and commercial mortgages)
    • Licensed FX dealer (NCBMBTT is one of twelve licensed FX dealers in Trinidad & Tobago. Business is done in most major currencies including US Dollars, Japanese Yen, Great Britain Pounds, Euros and Canadian Dollars)
    • Insurance Premium Financing
    • Structured Trade Financing (includes invoice factoring)
    • Fixed Deposits (NCBMBTT offers Fixed Deposits in both TTD and USD and is a member of the Deposit Insurance Corporation. Fixed Deposits are offered for terms of one to five years and for less than one year for similarly licensed institutions and insurance companies)
    • Investment Banking
    • Primary access to Government of Trinidad & Tobago short term securities auctions (OMO)



Our Investment Banking abilities include but are not limited to:

    • Arranging and Underwriting stock and bond issuances
    • Arranging (both sell and buy side) and funding of Equity block trades
    • Bond trading
    • Syndicated loans
    • Project Financing
    • Structured finance (sale & lease back, BOLTS)
    • Receivables Factoring & Reverse Factoring

 

NCB Merchant Bank (Trinidad and Tobago) Limited ,formerly NCB Global Finance Ltd. is effectively a 100% owned subsidiary of NCB Financial Group Ltd. and which represents the group’s banking interest in Trinidad & Tobago and the Southern and Dutch Caribbean. The NCB Financial Group Ltd. (‘NCBFG’) also owns:



    • 62% of Guardian Holdings Ltd; the Caribbean’s largest Insurance conglomerate in the English speaking Caribbean (measured by GWP); &

 

    • 50.1% of Clarien Group Ltd., owner of Bermuda’s 3rd largest commercial bank, Clarien Bank Ltd.;



NCBFG is majority owned by Jamaican born Canadian Michael Lee Chin but it is a public company that:



    • is cross listed on the T&T and Jamaica Stock Exchanges

 

    • has an asset base of circa USD 10.7 Billion

 

    • has a capital base of circa USD 1.1 Billion

 

    • owns 100% of NCB Global Finance Ltd. via NCB Capital Markets Ltd. 



A copy of NCBFG’s latest published financial performance is attached for ease of reference. Our latest annual reports can be accessed here: https://www.myncb.com/Investor-Relations/Reports/Annual-Reports