Home Tag "Scotia Group Jamaica Limited"

Scotia Group Reporting 12% Drop In Net Income To JA$9.8 Billion For 9 Months Ended July 31, 2019

Scotia Group Jamaica is reporting net income of JA$9.8 billion for the nine months ended July 31, 2019, which was 12% lower than $11.2 billion for the corresponding period last year. Excluding gains on the sale of a subsidiary of JA$753 million included in prior year, and additional IFRS 9 related provisions of JA$625 million […]

Scotia Group Reporting Net Income Of JA$13B For 2019, An Increase Of JA$419M Or 3.28% Over 2019

Lissant Mitchell Also Leaving Scotia Investments Jamaica

Scotia Group Jamaica Limited has advised of the resignation of Mr. Lissant Mitchell, CEO, Scotia Investments Jamaica Limited and Director of the Board. Mr. Mitchell who has over 20 years’ experience in the local financial industry, joined Scotia Investments in October 2007 as SVP Treasury & Capital Markets. He was later promoted to Chief Operating […]

JMMB Group Limited Announces Holdings in Sagicor Financial Company Ltd.

Pleased With Solid Performance, Loan Growth Of 8%, Total Revenues Increasing 7%, And Expenses Remaining Flat -Noel

Scotia Group Jamaica is reporting net income of JA$11.2 billion for the nine months ended July 31, 2018, which represents an increase of JA$2.2 billion or 24% over the corresponding period last year. Included in the results are gains on the sale of subsidiary, Scotia Jamaica Micro Finance Company Limited (Credi-Scotia), which was sold in […]

Scotia Group Reporting Net Income Of JA$13B For 2019, An Increase Of JA$419M Or 3.28% Over 2019

Scotia Group Jamaica Reporting Another Year Of Solid Financial Results, Looks to Groups Digital Strategy Going Forward – David Noel

Recently appointed President & CEO for the Scotia Group, David Noel, is reporting in the company’s annual report for 2017, another year of solid financial results. This he said, was underpinned by broad revenue growth, prudent risk management and improvement in operating efficiency to curtail expense growth. The Group recorded net income after tax of […]

Scotia Group Reporting Net Income Of JA$13B For 2019, An Increase Of JA$419M Or 3.28% Over 2019

Scotia Group Jamaica Reporting Marginally Improved EPS of JA$3.91 For 2017

Scotia Group Jamaica Limited is reporting increased profits of JA$12.4 billion compared with JA$11.6 billion in the prior year, achieved on revenues of JA$39.4 billion, an increase of $2 billion. The Group outlined in recently released Audited Financial Statements for the Year Ended October 31, 2017, closed the year with marginally improved earnings per share […]

JMMB Group Limited Announces Holdings in Sagicor Financial Company Ltd.

Scotia Group Has The Right Strategy To Ensure Delivery Of Solid Returns And Increased Long Term Value For Stakeholders – Sharp

As she hands over the leadership reins to David Noel, outgoing Group Chief Executive Officer of Scotia Group Jamaica Jackie Sharp, has indicated that she was confident that Scotia Group has the right strategy to ensure delivery of solid returns and increased long term value for stakeholders. Mrs. Sharp reported that her final quarter showed […]

Scotia Group Reporting Net Income Of JA$13B For 2019, An Increase Of JA$419M Or 3.28% Over 2019

David Noel Tipped To Head Scotia Group Jamaica Limited and The Bank of Nova Scotia Limited effective November 1, 2017

Scotia Group Jamaica Limited (SGJ) has advised that Mrs. Jacqueline Sharp has resigned from Scotia Group Jamaica Limited and The Bank of Nova Scotia Limited in order to pursue her desire to join her family business.  The effective date of her resignation is October 31, 2017. SGJ advises that Mr. David Noel, currently Deputy CEO, […]

JMMB Group Limited Announces Holdings in Sagicor Financial Company Ltd.

Scotia Investments Shareholders Vote In Favour Of Scheme Of Arrangement

Scotia Investments Jamaica Limited (SIJL) has advised that its shareholders voted in favour of the Scheme of Arrangement whereby shares held by the minority shareholders are to be cancelled, and in consideration of which, shareholders shall receive J$38.00 per share or the US$ equivalent from the Scotia Group Jamaica Limited. SIJL has further advised that […]

JMMB Group Limited Announces Holdings in Sagicor Financial Company Ltd.

Scotia Investments Jamaica Secures Supreme Court Order Permitting Company To Convene Meeting Of Its Stockholders

Scotia Investments Jamaica Limited has announced that on July 24, 2017 the Supreme Court of Judicature of Jamaica issued an Order permitting the Company to convene a Meeting of its stockholders to facilitate the Company becoming a wholly-owned subsidiary of Scotia Group. Under the Scheme of Arrangement, if approved, stock units in the Company held […]

JMMB Group Limited Announces Holdings in Sagicor Financial Company Ltd.

Mayberry Signs “Lockup Agreement” With Scotia Group For Scotia Investments At J$38.00

Mayberry’s Senior VP of Investment Banking, Tania Waldron-Gooden, signs “Lockup Agreement” with Scotia Group Jamaica Limited. The agreement was signed pledging support of Scotia Group’s recently announced Scheme of Arrangement to take Scotia Investments private at a price of J$38 per share. Looking on is CEO of Scotia Investments, Lissant Mitchell. Mayberry Investments Limited (Mayberry) […]

Scotia Group Reporting Net Income Of JA$13B For 2019, An Increase Of JA$419M Or 3.28% Over 2019