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.
JMMB Group Enters FinTech Space with Introduction of New Payment Solution
Regional financial entity, JMMB Group in its quarterly virtual investor briefing, held on February 14, announced that it will be rolling out the first solution in its suite of digital payment offerings, starting February 14, in partnership with Norbrook Transaction Limited, a subsidiary of Norbrook Equities Partners (NEP).
JMMB Group Records 119% Growth in Profits, from Diversification Strategy and Core Business Line Growth
Regional financial entity, JMMB Group is reporting net profit of J$8.82 billion, for the nine-month period ending December 31, 2021. This reflects a 119% uptick in the Group’s earnings year-over-year. Additionally, JMMB Group posted operating revenue of J$21.98 billion, up 33%, for the comparative period.
Jamaica Money Market Brokers (JMMB) adopts Bloomberg solutions to streamline risk management
Bloomberg today announced that Jamaica Money Market Brokers (JMMB) has adopted its Multi-Asset Risk System (MARS) solution for market risk. JMMB is the first Caribbean-based financial group to adopt MARS Market Risk for regulatory compliance.
Experts at JMMB Elevate 4.0, Urge Investors to Convert Cash to Investment Instruments to Capitalize on High Interest Rate Environment
During the recent JMMB Elevate 4.0 virtual, financial empowerment event panellists Dr. Damien King, executive director of the Caribbean Policy Research Institute (CAPRI) and Theodore Mitchell, sovereign research analyst at JMMB urged investors to identify opportunities even in a high-interest rate environment, by investing instead of saving.