NCB directors paid €2.1m as profits return

THE directors of NCB Stockbrokers paid themselves more than €2 million last year as the firm swung back into profit.

Accounts just lodged at the Companies Registration Office, show the six listed directors of Ireland’s third-largest stockbroking firm shared total remuneration of €2.1 million in the year to end November 2005, compared to 885,000 in 2004.

NCB, which is owned by its senior managers and Cavan-based businessman Sean Quinn, made a pre-tax profit of €5.62m compared to a €141,000 loss in the previous 12-month period.