Home Tag "JMMB Bank Ltd."

JMMB Bank CEO Jerome Smalling Accelerating Rate Of Customer Acquisition With Aggressive Push

The JMMB Group has embarked on a 2017/2018 strategic focus to improve sales productivity and capacity while increasing client reach, this as it moves to position itself as a stronger player in the Jamaican commercial banking space by 2020. JMMB Group plans to target nearly three-quarters of small and medium-sized enterprises that rely on financing […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

JMMB Group’s Net Profits Impacted by Commercial Banking Transition Plans in Jamaica -Duncan

The JMMB Group, with operations in the Dominican Republic, Jamaica and Trinidad and Tobago, recorded net operating revenue of J$4.05 billion for the first quarter ending June, 2017, a 19% increase year-over-year, and net profits of J$613.4 million, reflecting marginal growth of 3%. For the quarter, JMMB Group’s operating expenses amounted to J$3.11 billion, an […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

JMMB Merchant Bank Limited is Now JMMB Bank (Jamaica) Limited

The JMMB Group’s entry into the commercial banking foray was made official, with the formal transition from JMMB Merchant Bank to the rebranded entity, JMMB Bank, today (August 14). This represents a major milestone for the JMMB Group, and follows the approval by the Bank of Jamaica (BOJ) in September 2016, of JMMB Merchant Bank’s […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months