NIS options

beadottin, beadottin@nationnews.com

Added 02 December 2012

justinrobinson1

The National Insurance Scheme (NIS) has identified banking and other sectors in Jamaica and Trinidad and Tobago as markets for investments. NIS chairman Dr Justin Robinson told the SUNDAY SUN yesterday that over the last three months, the board had reviewed the regional stock portfolio and both countries were being assessed. “For some time now, we have been looking at the possibilities and we have identified some attractive regional investments. We are looking at what we can hold, what we can sell and if we can buy more,” he said. Robinson made this disclosure days after the NIS, following a board meeting last Tuesday, opted to sell its shares in the former Barbados National Bank (BNB) to Republic Bank Limited.  (MK)

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