Volvo, Rivoli one-all in Premier League play-off 6:03 PM
Toots struck with bottle during performance 5:53 PM
Craft producers benefit from year-long training 1:14 PM
Caribbean will dominate global saving and investment says World Bank 12:37 PM
Police Federation’s Raymond Wilson hospitalised 10:27 AM
Courtney Walsh to be honoured at Wray & Nephew Contender 10:12 AM
Business
NCB reveals 175 tips
BY NEKIESHA REID Business reporter
Friday, August 03, 2012
NATIONAL Commercial Bank (NCB) is celebrating its 175th anniversary by giving its customers 175 tips to “strategically plan their financial well-being”.
The tools, templates and advice are available from the “Put your best life forward” website (www.NCB175ways.com) about budgeting, spending, investing, borrowing, insuring and saving.
Jamaicans should commit themselves to developing sustainable personal financial habits that lead to success, said Sheree Martin, NCB's general manager for marketing.
The six areas are crucial to developing good financial habits that can help determine quality of life, said Belinda Williams, NCB's group corporate communications manager.
“Regardless of what's happening in the economy, we all have to look ahead,” she said. The information in the campaign is “practical and rewarding” and builds “a foundation from which to manage the ups and downs of everyday life”.
The bank launched the campaign as a way to contribute to people's financial well-being after researching how best they could serve their customers, Williams said. “We have to assess ourselves in terms of our relevance to our customers.”
NCB is not the only institution interested in educating the public on money matters. The Financial Services Commission (FSC) started a financial literacy survey two weeks ago to find out how much Jamaicans know about monetary issues.
The regulator said it hopes to work with the industry to deal with any problems the survey uncovers.
NCB said it was willing to join a programme to teach the wider population about personal finance, but that its own customers would be its first priority.
“We're not averse to partnering with the FSC,” Williams said. “We welcome conversation and collaboration with them about this.”
The campaign will eventually include competition, training and seminars, but Williams said there is no way to determine how long the bank will keep it going.
“Our change will be driven by the customer's needs,” she said. “As long as it remains relevant to the customer, we will continue to do it”.
Other Stories
Parents must be accountants for Career Day
Skills that could top up your pocket
Working from home...an emeging sector?
Property tax relief for pensioners
Creditinfo gets green light from BOJ
JN Foundation to assist social enterprises
Haiti a lucrative market for Ja Broilers
Beaches Turks & Caicos: the gift that keeps on giving
‘Come and feel the magic’ - Colombia wants Sandals
Kremi lists today, says expansion to start in coming weeks
Suriname looks into solar energy for remote communities
As Jamaican dollar revalues, NIR rises to almost US$1 billion
Now Venezuela is running out of toilet paper
Moody's lowers Bermuda's rating
JNBS to celebrate 25th anniversary in the UK
2 companies to expand operations in Puerto Rico
Direct flight between Puerto Rico, Mexico begins
Haitian Compas Festival marks 15 years in Miami
Guyana power agency fires workers after polygraphs


