National Commercial Bank Jamaica Ltd. Outlook Revised To Negative From Stable, 'B-/C' Credit Ratings Affirmed - S&P Global Ratings’ Credit Research

National Commercial Bank Jamaica Ltd. Outlook Revised To Negative From Stable, 'B-/C' Credit Ratings Affirmed

National Commercial Bank Jamaica Ltd. Outlook Revised To Negative From Stable, 'B-/C' Credit Ratings Affirmed - S&P Global Ratings’ Credit Research
National Commercial Bank Jamaica Ltd. Outlook Revised To Negative From Stable, 'B-/C' Credit Ratings Affirmed
Published Nov 01, 2011
1128 words — Published Nov 01, 2011
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

On Oct. 31, 2011, we revised our outlook on Jamaica to negative from stable. The ratings on National Commercial Bank Jamaica are constrained by those on the sovereign. We revised the outlook on the bank to negative from stable and affirmed our 'B-' long-term and 'C' short-term credit ratings. MEXICO CITY (Standard&Poor's) Nov. 1, 2011--Standard&Poor's Ratings Services said today that it revised the outlook on National Commercial Bank Jamaica Ltd. (NCB) to negative from stable. At the same time, we affirmed our 'B-' long-term and 'C' short-term counterparty credit ratings on the bank. "The rating action follows the outlook revision on Jamaica," said Standard&Poor's credit analyst Elena Enciso Benoit. "Our ratings on NCB are

  
Brief Excerpt:

RESEARCH National Commercial Bank Jamaica Ltd. Outlook Revised To Negative From Stable, 'B-/C' Credit Ratings Affirmed Publication date: 01-Nov-2011 Primary Credit Analyst: Elena Enciso Benoit, Mexico City 52 55 5081 4406; elena_enciso@standardandpoors....

  
Report Type:

Ratings Action

Ticker
NCB@JA
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Structured Finance
Country
Region
Latin America
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "National Commercial Bank Jamaica Ltd. Outlook Revised To Negative From Stable, 'B-/C' Credit Ratings Affirmed" Nov 01, 2011. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/National-Commercial-Bank-Jamaica-Ltd-Outlook-Revised-To-Negative-From-Stable-B-C-Credit-Ratings-Affirmed-907640>
  
APA:
S&P Global Ratings’ Credit Research. (). National Commercial Bank Jamaica Ltd. Outlook Revised To Negative From Stable, 'B-/C' Credit Ratings Affirmed Nov 01, 2011. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/National-Commercial-Bank-Jamaica-Ltd-Outlook-Revised-To-Negative-From-Stable-B-C-Credit-Ratings-Affirmed-907640>
  
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