NCB lists $2 billion in repossessed properties amid post-Melissa loan stress

Business

Finance

June 12, 2026

Share this article

NCB lists $2 billion in repossessed properties amid post-Melissa loan stress

Click to view full size

The nation's largest commercial bank, National Commercial Bank Jamaica Ltd (NCB), has placed roughly three dozen repossessed properties on the market carrying a combined assessed value exceeding $2 billion, spanning 10 parishes.

It is one of the largest single private treaty listings the bank has published in recent memory.

"We invite offers," NCB stated in a full-page advertisement in The Sunday Gleaner.

Business

Finance

Need the bigger picture?

Ask Gazette to explain what led here, surface earlier reports, or build a timeline from our coverage.

Open Ask Gazette

Sourced from Jamaica Gleaner. Visit their website to read the full story.

Share this article

Comments (0)

Related stories

See articles related to "NCB lists $2 billion in repossessed properties amid post-Melissa loan stress"

22 days ago

JMMB Bank auctioning 73 cars

By Jamaica Gleaner

8 days ago

Holness wants insurers to fast-track Hurricane Melissa claims

By Albert Ferguson

about 1 month ago

Jamaica seeks new storm bond as hurricane season looms

By Jamaica Gleaner

24 days ago

Jamaica secures US$200-million hurricane bond, bigger than expected

By Jamaica Gleaner

11 days ago

Dean Jones | Is there still a real estate boom in Jamaica today?

By Jamaica Gleaner

23 days ago

JAMAICA BUYS $31-B HURRICANE SHIELD

By Jerome Williams

18 days ago

Dean Jones | Hurricane season returns to the forefront as Jamaica expands financial protection

By Jamaica Gleaner

Download our mobile app

The portable companion to gazettE. Get notifications, track read articles, and more. The latest news from Trinidad and Tobago, in one place.

Get it for Android Get it for iOS