▁ ▁As ▁of ▁August ▁ 2 0 1 8 ▁the ▁T T SE ▁Market ▁Capital ization ▁was ▁estimated ▁at ▁T T $ 1 2 0 ▁billion ▁( US $ 1 7 . 7 ▁billion ), ▁with ▁con gl omer ates ▁and ▁financial ▁institutions ▁account ing ▁for ▁the ▁vast ▁majority ▁of ▁value . ▁The ▁companies ▁with ▁the ▁greatest ▁capital isation ▁on ▁the ▁exchange ▁are ▁Republic ▁Bank ▁( R BL ) ▁and ▁First ▁Car ib bean ▁International ▁Bank ▁( F CI B ). ▁Sign ific ant ▁capital isation ▁is ▁also ▁represented ▁in ▁West ▁Indian ▁Tob acco ▁( W CO ), ▁Scot i ab ank ▁Tr in idad ▁and ▁Tob ago ▁( SB TT ) ▁, ▁National ▁Enter pr ises ▁Limited ( N EL ), ▁A NS A ▁Mc AL ▁( AM CL ), ▁First ▁Cit izen ' s ▁Bank ▁( FI R ST ), ▁National ▁Com mer cial ▁Bank ▁of ▁J ama ica ▁Limited ▁( NC B J ), ▁Tr in idad ▁and ▁Tob ago ▁Natural ▁Gas ▁Company ▁Limited ▁( TT N GL ) ▁and ▁Mass y ▁Hold ings ▁( MA SS Y ). ▁▁ ▁C lic o ▁In vest ment ▁Fund ▁( C IF ), ▁listed ▁on ▁the ▁Mut ual ▁Fund ▁Market , ▁is ▁a ▁company ▁v ested ▁with ▁the ▁shares ▁of ▁Republic ▁Bank ▁Limited ▁which ▁were ▁held ▁by ▁the ▁now ▁col lapsed ▁CL ▁Fin an cial . ▁The ▁security ▁ ▁consists ▁of ▁those ▁shares ▁as ▁well ▁as ▁Government ▁of ▁Tr in idad ▁and ▁Tob ago ▁B onds ▁( S & P ▁R ating