JMMB News
Want to read up on the latest news and updates from JMMB? Read through our news page to get all the latest information.
Rating Agency, CariCRIS, Upgrades JMMB Group Limited Corporate Rating to ‘High Creditworthiness’ on National Scale
Caribbean Information and Credit Rating Services Limited (CariCRIS), in a statement issued last month (September), upgraded JMMB Group Limited’s corporate credit ratings to CariA- (Regional Local Currency) and CariBBB+ (Regional Foreign Currency) and jmAA- (Local Currency Rating) and jmA+ (Foreign Currency Rating) on the Jamaica national scale. The national scale ratings indicate ‘high creditworthiness’ of JMMB Group compared to other obligors in Jamaica. While, on the regional scale ratings, JMMB Group has been assigned a ‘good level of creditworthiness’ in relation to other obligors in the Caribbean.
Late Co-Founder of JMMB, Joan Duncan, Conferred with Order of Jamaica for Pioneering the Money Market in Jamaica
“My greatest desire is not to make a lot of money for myself, but to have a clean heart and a pure spirit.” This statement sums up the mission of late corporate leader and co-founder of JMMB, Joan Duncan, who on October 17, was posthumously conferred with the nation’s fifth highest honour, Order of Jamaica (OJ), during the annual National Honours and Awards ceremony held at King’s House.
JMMB Group to Invest J$1M to Top SME Accelerator Participants to Fast Track Growth
The JMMB Group Resource Centre partnered with the JMMB Joan Duncan Foundation to award J$1M to the top three small and medium-sized businesses that are a part of the two-year long Accelerator Programme, launched last September.
JMMB Group to Roll-out New Payment Solutions & Bolster Diversification Strategy
The JMMB Group during its annual general meeting announced the roll-out of new payment solutions that are designed to meet the needs of key client segments including the ‘underbanked’ or those underserved by the financial services sector, and small and medium-sized enterprises (SMEs). These new solutions will include the launch a remittance prepaid card for individuals and point-of-sale and scan-to-pay payment options for SMEs.