NCB

A spokeswoman for Education Minister Julia Gillard said she was confident in the judgment of the NCB, which is independent.

Australian Politics 2008

Most of the construction debt, permanent debt, and rebate financing for the Solar Fund III projects was provided by the National Consumer Cooperative Bank ( "NCB").

Energy News - Energy Technology - Energy Business - Energy and the Environment 2009

The second argument advanced by Olint was that NCB by closing its accounts was abusing its market position.

Privy Council In Bank Ruling Wraps Jamaican Judiciary On the Knuckles, Part II : Law is Cool 2009

However, their Lordships did take judicial notice that NCB was ¨the second largest in Jamaica, with 34-37% of total loans and 30-35% of total deposits, but the Bank of Nova Scotia is larger and there are four other commercial banks in Jamaica, to say nothing of the foreign banks.

Privy Council In Bank Ruling Wraps Jamaican Judiciary On the Knuckles, Part II : Law is Cool 2009

NCB could not without proper knowledge of the relationship of Olint and its members know or set out to cause breaches of contracts.

Privy Council In Bank Ruling Wraps Jamaican Judiciary On the Knuckles, Part II : Law is Cool 2009

NCB being apprehensive that the allegations could turn out to be true, opening it up for reputational damage and or claims for negligent or dishonest assistance, decided to end is relationship with Olint.

Privy Council In Bank Ruling Wraps Jamaican Judiciary On the Knuckles, Part I : Law is Cool 2009

The third claim by Olint, was that NCB was attempting to induce breaches of contract between itself and its club members.

Privy Council In Bank Ruling Wraps Jamaican Judiciary On the Knuckles, Part II : Law is Cool 2009

Inducement of breaches of contract is a tort (a civil wrong) that would require not only that NCB knew that it would cause the breach of contract but that it intended to so (OBG Ltd v Allan 2008).

Privy Council In Bank Ruling Wraps Jamaican Judiciary On the Knuckles, Part II : Law is Cool 2009

¨ Secondly, even if NCB had a dominant market position the refusal to continue be Olint´s banker does not procure for NCB some market advantage.

Privy Council In Bank Ruling Wraps Jamaican Judiciary On the Knuckles, Part II : Law is Cool 2009

Firstly, no evidence was furnished that NCB did indeed have a dominant position in the commercial banking sector in Jamaica.

Privy Council In Bank Ruling Wraps Jamaican Judiciary On the Knuckles, Part II : Law is Cool 2009