NCB Group nets $8.7 billion

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 The Michael Lee-Chin-controlled National Commercial Bank Group Limited (NCB) generated net profits of $8.7 billion or $3.54 per share during the year ended September 30, 2008, despite the write-off $1.23 billion by NCB Capital Mark

 The Michael Lee-Chin-controlled National Commercial Bank Group Limited (NCB) generated net profits of $8.7 billion or $3.54 per share during the year ended September 30, 2008, despite the write-off $1.23 billion by NCB Capital Mark

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No economic growth this year

 Central Bank Governor Derick Latibeaudiere has conceded that there will be no economic growth this year because of the slowdown in the global economy.

Speaking at the central bank’s most recent quarterly media briefing, th