Fitch changes National Commercial Bank Jamaica to positive

Fitch Ratings said it affirmed National Commercial Bank Jamaica Ltd.’s long- and short-term foreign- and local-currency issuer default ratings at B, viability rating at b and support rating at B.

The outlook was revised to positive from stable following the Jan. 31 outlook revision of the Jamaican sovereign to positive.

The Jamaican operating environment remains the principal constraint on the bank’s ratings, Fitch explained.

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