October 9, 2008

JSE Stock Market Game

The Jamaica Stock Exchange, Gleaner Company sponsored Stock Market Game for high schools was launched on Wednesday October 1, 2008 by the Hon. Andrew Holness; Minister of Education & Youth


Capital & Credit Financial Group and Capital Credit Merchant Bank have advised that the companies do not have any exposure to any of the failed institutions in the United States.


The Bank of Nova Scotia Jamaica Ltd and Scotia Group Jamaica have advised that the estimated exposure of their portfolio in percentage and dollar value is none. Also, the companies’

PanCaribbean Financial Services Ltd

Pan Caribbean Financial Services Ltd has advised that company does not have any exposure to Lehman. The estimated projected losses and impairment of capital is none. Like all financial service

National Commercial Bank

National Commercial Bank Jamaica Limited (NCBJ) has advised that there are three companies within the Group which deals with foreign based institutions. NCBJ and NCB (Cayman) has custodial relationships, borrowings

Sagicor Financial Corporation

Sagicor Financial Corporation Limited (SFC) has advised that its exposure to institutions known to be in financial distress is US$9 .4 million or 0.332% of total financial investments of approximately