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 Bank Launches Online Access to Private Treaty Listings
JMMB Bank is pleased to announce that its listing of properties being sold under private treaty and repossessed motor vehicles available for sale are now accessible via the JMMB website. This new online listing offers prospective buyers a more convenient and transparent way to explore available assets for sale and submit bids.
JMMB Joan Duncan Foundation Empowers Scholars through Unique LIFE Accelerator Programme and Over $17M in Scholarships
The JMMB Joan Duncan Foundation is deepening its impact on youth development through its LIFE Accelerator Programme—a unique, holistic initiative that equips scholarship recipients with tools for personal and professional growth. First introduced in 2021, the programme continues to distinguish the Foundation’s approach to educational support by offering experiences that go far beyond financial aid. Complementing this transformative programme, the Foundation awarded over J$17 million in scholarships and bursaries to high school and tertiary students for the 2025–26 academic year, reaffirming its commitment to nation-building through education.
JMMB Joan Duncan Foundation Sparks Innovation and Inclusion for Youth, Islandwide
“Honestly, it could have been another week,” shared Danae Palmer, an enthusiastic camper from the SCATE Sustainable Engineering Camp for Teens, reflecting on her experience. “We wouldn’t have had all of this amazingness without the sponsors.”
This summer, the JMMB Joan Duncan Foundation brought that “amazingness” to life for hundreds of youths across Jamaica, through its sponsorship of eleven transformative summer camps. With an investment of over JMD $2 million, the Foundation created safe, empowering spaces for children and teens to learn, grow, and dream—spanning STEM, literacy, special needs support, and environmental education.
JMMB Group Reports Q1 Loss Due to Associate Company Impact, Amid Strong Core Business Performance
JMMB Group Limited recorded a net loss of J$686.4 million for its first quarter ended June 30, 2025, primarily due to a share of loss from its associate company, Sagicor Financial Company (SFC), which contributed J$251.4 million to the overall associate companies’ loss of J$290.3 million. Despite this, JMMB Group delivered strong core performance, with net operating revenue of J$7.49 billion—an increase of 32% over the prior year period—driven by growth across all major revenue lines.