SMEs in Trinidad and Tobago encouraged to list on stock exchange

9:10 am, Tue February 8, 2022

NCB Merchant Bank in Trinidad and Tobago is making a push to encourage more small and medium-sized enterprises (SMEs) to list on the Trinidad and Tobago Stock Exchange.

The merchant bank, which is a 100 per cent-owned subsidiary of NCB Capital Markets, is planning to bring a public equity offering to the local market in the second calendar quarter of this year.

In an interview with Trinidad's Express newspaper, the CEO of NCB Merchant Bank, Angus Young, declined to provide details concerning the public equity offering.

But Mr. Young said the company is also planning to launch the GoIPO digital platform later this year.

GoIPO is an NCB online web portal that allows clients of the financial services group to fund and submit applications for initial public offerings on the Jamaica Stock Exchange directly to the Central Securities Depository.