On this week’s #BourseReport Sarodh Ramkhelawan, discusses the performance of the Caribbean’s second largest indigenous banking group, #NCB Financial Group Limited and regional conglomerate, #Massy Holdings Ltd, for the three months ended 31st December, 2021. NCBFG reported lower earnings as the Group grappled with higher operating expenses and lower revenue from its banking and investment activities, while MASSY recorded improved performance in four of its five operating segments.
Can NCBFG recover despite the still uncertain operating environment? Will MASSY be able to continue successfully navigating weaker regional economic activity?