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 Joan Duncan Foundation Donates 400 Tablets to Help Students Recover from Learning Loss
The JMMB Joan Duncan Foundation has donated 400 tablets, valued at approximately J$10 million, to schools and organizations across Jamaica to help students to recover from learning loss; due to the interruption of face-to-face classes and the digital divide in online learning, caused by the pandemic.
Joan Duncan Trust Joins DBJ to Support UTech, Jamaica-led GEM Jamaica 2021 Research Project
The Joan Duncan Trust joined with the Development Bank of Jamaica (DBJ) to give J$7.5M in support of research to be undertaken by to the University of Technology, Jamaica (UTech), Jamaica researchers for the production and publication of the Global Entrepreneurship Monitor (GEM) 2021 Jamaica Report.
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.