National Commercial Bank Jamaica (NCB)
The Jamaican Education Initiative was spearheaded by the National Commercial Bank of Jamaica. Under this initiative, NCB is donating one percent of money spent on Keycards (NCB’s credit card) to a national education fund. The goal is to raise almost J$150 million to create programs to eradicate illiteracy. NCB will be paying the fees for two business examinations that Jamaican students must pass to qualify for tertiary schools, as well as a scholarship program, book exchange program and loan program for teachers. A donation of computers and software valued in excess of $1 million (Jamaican) has been given to various area schools and charitable organizations.
NCB contributed more than $11 million (Jamaican) to assist flood victims in May 2002 and $212 million (Jamaican) to assist victims of the 2004 hurricane disaster in the Carribean.
In March 2004, NCB pledged US$1 million to be disbursed over five years to the Technology Innovation Centre at the University of Technology (Kingston).
For more information on the National Commercial Bank of Jamaica's corporate citizenship, visit the NCB Foundation website.