Bruce Bowen
Bruce Bowen is the Chief Executive Officer of National Commercial Bank Jamaica Limited, where he leads the organization's efforts in navigating economic challenges and enhancing financial performance. In a recent meeting, he discussed the effects of interest rate fluctuations on consumer credit and the subsequent increase in loan write-offs, emphasizing the normalization of these figures as rates began to decline.
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Jamaica:
Bruce Bowen is the CEO of NCB who announced the launch of the NCB SME Growth Fund.
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Jamaica:
Bruce Bowen stated that the increase in write-offs was primarily due to rising interest rates.
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