Investor Relations

Enhanced Strength.
Deeper value.
Higher performance.

Great things happen when dynamic partners come together. Recently, Clarien Group Limited (CGL) announced its partnership with NCB Financial Group Ltd. and Portland Private Equity (PPE). 

In this arrangement, Clarien Bank Limited is proud to join NCB and PPE as part of Portland Holdings, a multi-billion dollar international conglomerate with a diversified business portfolio and a strong presence in the North American and Caribbean financial services sectors.

Operating under the Chairmanship of visionary entrepreneur Michael Lee-Chin, Portland Holdings is well positioned to become a global leader in the financial services and wealth management space.

Clarien’s affiliation with Portland Holdings strengthens our position as one of the largest privately held financial institutions in Bermuda. It will enable us to offer a wider range of products to our customers and expand our offerings locally, regionally and globally.

The Clarien brand is unchanged and we remain committed to Bermuda, our employees and our clients. Our partners share our client-focused philosophy and a dedication to providing high quality services and a superior customer experience.

Portland Holdings

Clarien Bank Limited

• One of Bermuda’s largest independent integrated financial services organisations
• Personal and commercial banking, private banking, wealth and asset management services
• USD 1.24 billion in total assets as at March 31, 2018
• USD 1.1 billion in investable assets (Clarien Investments Limited) as at March 31, 2018

 NCB Financial Group

• Leading financial group in the Caribbean operating across the following business segments:
commercial banking; wealth, asset management & investment banking; life insurance & pension
fund management and general insurance
• JMD 890.7 billion (USD 6.9 billion) in assets as at March 31, 2018

Portland Private Equity

• Private Equity fund management company focused on the Caribbean
• Focused investments in high quality, scale-able businesses as well as infrastructure and essential asset sectors
• AIC Caribbean Fund, a USD 225 million institutionally supported investment vehicle, and Portland Caribbean Fund II, a USD 200 million private equity fund

   Portland Investment Counsel

• Investment advisory and portfolio management services and products
• Differentiated offerings through alternative and private investment opportunities
• CAD 410 million (USD 315 million) in assets under management as at May 31, 2018

 Mandeville Private Client

• Portland’s asset distribution segment with over CAD 1.86 billion (USD 1.43 billion) in assets under administration as at May 31, 2018
• Network of over 40 advisors across Canada
• Unique access to high quality private offerings available only to successful institutions and affluent investors

 Guardian Group

• Services in life, health, casualty insurance, pensions and asset management
• Leading financial institution in the Caribbean with presence in 21 countries
• TTD 27.8 billion (USD 4.13 billion) in assets as at March 31, 2018


NCB Profile

With roots dating as far back as 1837, National Commercial Bank Jamaica Limited (NCB) has a pioneering legacy that has been sustained as the organisation has evolved and transformed.

Today, NCB stands as the largest financial group in Jamaica, focused on maintaining a profitable organization, which provides highly competitive and innovative products and service offerings for our customers. Its aim is to maintain a solid governance structure and robust compliance framework, while utilizing flexible business models and efficient operational processes and systems.

Learn More About NCB

In pursuit of the organisation’s vision of Building a World Class Digital Experience, Accelerating Regional expansion and Reinventing its Core Business, NCB has been driving productivity of its core business while exploring inorganic growth opportunities, as a fundamental part of its growth strategy.The complete financial service offerings of the NCB Group of Companies are accessible through our diversified portfolio of companies, namely:
National Commercial Bank Jamaica Limited: provides an array of products & services to meet the banking needs of customers; deposit accounts, unsecured and secured loans, credit cards, overdraft lines, foreign exchange, personal and private banking services are part of the offerings. NCB Capital Markets Limited: is the wealth and asset management arm of the NCB Group, offering investment and brokerage solutions for individual and corporate clients and investment banking solutions to our corporate clients.

Through NCB Capital Markets (Cayman) Limited*, similar services are extended to the Cayman Islands. NCB Insurance Company Limited: offers solutions to meet the insurance, long-term investment, and pension needs of individuals and group clients. NCB (Cayman) Limited: is the offshore banking subsidiary of the NCB Group and provides banking and trust services.

Advantage General Insurance Company Limited: is wholly owned by NCB Capital Markets Limited and is the island’s largest general insurance company providing reliable and efficient general insurance services.

NCB Global Finance Limited: provides merchant banking services including deposits, origination of loans and leases and provision of foreign exchange and trustee services. N.C.B. Foundation: was formalized to fulfill the bank’s philanthropic commitment as a leading socially responsible corporate citizen, actively building the communities in which it serves. Since inception in 2003, the Foundation has channeled over $1 Billion dollars to support development projects across Jamaica in the areas of:

  • Education
  • Youth Leadership and Entrepreneurship
  • Community Development & Sports

Edmund Gibbons Limited

Edmund Gibbons Limited is a family-owned entity comprised of several independently owned businesses including Gibbons Company, Colonial Insurance, Bermuda Motors and Burrows Lightbourn and a minority owner of Clarien Bank Limited.

Portland Private Equity

Portland Private Equity (PPE) is a private equity and venture capital firm focused on the Caribbean region. The company is incorporated under the laws of Barbados and is the Investment Advisor to AIC Caribbean Fund and Portland Caribbean Fund II.

Additional information is available at:

NCB Annual Reports

Financial Reports

View additional NCB Investor Relations information

Investor Relations Officer
Jacqueline De Lisser
Head, Group Investor Relations, Performance Monitoring and Planning Unit

View NCB Financial Group information