Another round of redundancies for NCB

 RJR News has been informed that another round of  redundancies will be taking place at National Commercial Bank (NCB). The exercise is expected to take place this week, and according to information reaching RJR News, the cuts will be across the board.

NCB reduced its work force last September when it made more than 40 positions redundant, as part of  a restructuring exercise.

The island's largest commercial bank made almost one billion dollars a month during the October to December quarter. NCB said net profit for the three months was $2.9 billion, representing a two per cent increase over the previous year.  

comments powered by Disqus
More Stories
Most Popular
Portia Simpson Miller stepping down as PNP...
US President-elect Trump to leave business to...
Oil prices climb to five-week high