National Commercial Bank Jamaica Limited has again been recognised by Global Finance, earning the publication’s Best FX Bank Award for 2026 and extending its winning streak to eight consecutive years.
The distinction underscores NCB’s continued dominance in Jamaica’s foreign exchange market, particularly as the bank deepens its digital-first treasury operations and expands sophisticated FX offerings across multiple currencies.
According to Peter Higgins, Assistant Vice President within NCB’s Treasury and Correspondent Banking Division, the award reflects more than scale—it reflects execution.
“Foreign exchange is unforgiving. You either deliver liquidity and precision, or you don’t,” Higgins said. “Our performance this year—nearly J$8 billion in activity across major currencies—confirms that our systems, people, and counterparties are aligned.”
NCB’s FX operation, which transitioned fully online several years ago, now anchors a wide range of instruments including forward contracts, structured FX solutions, and real-time liquidity support. The bank’s treasury desk continues to play a central role in enabling high-value transactions for Jamaica’s largest corporates, particularly in capital-intensive sectors such as energy and telecommunications.
Higgins noted that sustained leadership in FX is driven by institutional discipline and long-term client confidence.
“These are mission-critical transactions for our clients. Trust is non-negotiable, and consistency is the only way to earn it,” he said.
The Global Finance award is widely regarded as a performance-based benchmark, assessing banks on execution capability, market depth, and client outcomes. NCB’s repeated recognition signals operational resilience in a market where volatility, speed, and liquidity are constant tests.
Looking ahead, Executive Vice President Tanya Watson Francis said NCB’s treasury strategy remains anchored in stability and proactive support, particularly as the Jamaican economy adjusts following Hurricane Melissa.
“Market conditions may tighten as recovery continues, but our responsibility is unchanged,” Watson Francis stated. “We will continue to provide dependable liquidity, disciplined risk management, and execution our clients can rely on—especially when conditions are uncertain.”
As 2026 unfolds, NCB’s latest recognition positions the bank not just as a market participant, but as a stabilising force within Jamaica’s foreign exchange ecosystem—one built on infrastructure, confidence, and repeatable performance.
