Home Tag "Keith Duncan"

Proven Investments Now Holds a 20% Equity Position in JMMB Group Limited

Proven Investments Limited (PIL) has declared that PIL total equity holdings in JMMB Group Limited (JMMBGL), now stands at 326,277,325 shares or 20% of the participating voting shares in JMMBGL. PIL also states that the purpose of the acquisition is to generate dividend income, and to ensure that JMMBGL can be characterized as an associated […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes

JMMB Group Records Over J$2B in Net Profit

The regional financial entity, JMMB Group, closed out the six-month period, ended September 2018, with a net profit of J$2.1 billion, which reflect a 24% growth year-over-year. Additionally, the Group posted net operating revenue of J$9.3 billion, which reflects an increase of 15%, compared to the corresponding prior period. The Group’s performance was largely driven […]

Paramount Trading Revenue Continues To Reflect Growth, Net Profits However Declining

EPOC Remains Supportive Of The BOJ’s Accommodative Monetary Policy Stance – Duncan

Economic Programme Oversight Committee (EPOC) Co-Chairman, Keith Duncan, said members are optimistic that the economic growth momentum will be sustained. Statistical Institute of Jamaica (STATIN) data has indicated that the economy grew by 2.2 per cent during the April to June quarter. Mr. Duncan said that as growth levels continue to rise quarter over quarter, […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

Mr. Archibald Campbell, Chairman of the JMMB Group, has congratulated Mrs. Street Forrest for her effectiveness as the leader at the Stock Exchange, he went on to say “I would like to thank our shareholders for sticking with us over the years, for without you we could not have achieved the phenomenal growth that we […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes

Companies Should Look To The Stock Exchange As A Medium To Raise Capital And Grow Your Business As The Economic Climate Is Right For Companies To Access Capital – Duncan

Mr. Keith Duncan, Group CEO of JMMB Group Ltd, is congratulating the JSE on its 100th listing and thanking his staff for their stellar effort through the years. He told the audience at an event held at the Jamaica Stock Exchange last week where the JMMB Group listed its Cumulative Redeemable and Preference shares on […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes

JMMB Group Posting 11% Growth In Net Operating Revenue

The Directors of the JMMB Group have announced that the Group posted net profits of J$2.58 billion, closing the period with earnings per share of J$1.56 for the nine months ended 31 December 2017. The JMMB Group also posted net operating revenue of J$12.28 billion, representing an 11% growth when compared to the prior period, […]

Paramount Trading Revenue Continues To Reflect Growth, Net Profits However Declining

Build-Out Of The Commercial Bank Operations In Jamaica Expected To Reap Greater Synergies And Operational Efficiency – Keith Duncan

The JMMB Group recorded net operating revenue of J$12.28 billion for the nine-month period, ending December 31, 2017; this reflects an 11% growth in its operating revenue compared to the corresponding prior period. The financial entity reported net profit of J$2.58 billion, for the same period, which is a marginal decline of approximately 4%, over […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes

Trinidad And Tobago Needs To Learn From The Jamaican Experience And Make The Hard Decisions Needed For Economic Transformation – Duncan

Wednesday, September 13th, 2017, Port of Spain, Trinidad… JMMB Group CEO and Co Chairman of Jamaica’s Economic Program Oversight Committee (EPOC), Mr Keith P. Duncan urged Trinidad and Tobago to learn from the Jamaican experience and make the hard decisions needed for economic transformation. Speaking at an arm chair discussion hosted by JMMB Group, in […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes

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 […]

Paramount Trading Revenue Continues To Reflect Growth, Net Profits However Declining

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 […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes