Home Businessuite News24 JMMB Group Launching Commercial Banking Operations Later This Year – JMMB Bank (Jamaica) Limited
JMMB Group Launching Commercial Banking Operations Later This Year – JMMB Bank (Jamaica) Limited

JMMB Group Launching Commercial Banking Operations Later This Year – JMMB Bank (Jamaica) Limited

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The JMMB Group will be launching commercial banking operations in Jamaica, later this year, under the name JMMB Bank (Jamaica) Limited in line with their JMMB Bank (Trinidad & Tobago) Limited launched in Trinidad, in 2016 and is in line with the branding strategy being employed by JMMB Group.

The JMMB Group has also continued its expansion in the Dominican Republic (DR) in 2015, having received regulatory approval for the acquisition of Banco Ahorro y Credito Rio (Banco Rio), through its Dominican Republic subsidiary, JMMB Holding Company Limited.

Speaking to the thinking behind the Groups current strategic JMMB brand alignment and new business names, Keisha Forbes, CEO, Jamaica Money Market Brokers Ltd indicated that the implementation for example of the JMMB Investments business name in Jamaica was in keeping with the JMMB Group’s objective of ensuring consistency in branding across the Caribbean, in which the Group has similar operations.BM