NCB hosts Monday Club in MoBay

Senior managers from the National Commercial Bank (NCB) recently hosted a large contingent of the Montego Bay business community to its staging of The Monday Club – providing an atmosphere for networking among attendees.

The managers also seized the opportunity to exchange meaningful conversations with their clients, as well as to discuss NCB’s launch of their Optimal Mortgage Plan; their digital end-to-end Initial Public Offering (IPO) platform through NCB Capital Markets; and their insurance portfolio.

Senior general manager at NCB’s Corporate, Commercial and Consumer Banking Division, Brian Boothe, explained that the Optimal Mortgage Plan, is geared specifically at first-time home owners with the expectation that properties financed under this mortgage product should be owner occupied.

Qualified borrowers can access financing up to 100 per cent of the appraised value. Additionally, they can have their loans approved in advance before identifying a property.

Making his contribution to the discussion, CEO at the NCB Insurance Company, Vernon James, said his organisation continues to encourage all Jamaicans to access health and life insurance portfolios while their health is in good shape.

“The best time to purchase insurance is when you don’t need it, rather than needing it and don’t have it. It could prove very challenging to purchase insurance in such circumstances,” James stressed.

“We hold regular information sessions islandwide to sensitise the wider public about the benefits of getting frequent health screenings done as well as the importance of having health insurance in place,” he added.

“Research has shown that there has been an increase in non-communicable diseases among individuals, many of which can prove extremely expensive to treat, particularly if not detected early. We are therefore encouraging persons to ensure that they have critical illness insurance plans in place,” James emphasised.