JMMB News

The JMMB Joan Duncan Foundation recently signed a memorandum of understanding (MOU) with Mico University College, to embed its transformational programme, Conversations for Greatness (CFG), as part of the teacher training curriculum. This is expected to assist with the sustainability of a transformational mindset in the education sector, through one of the key stakeholders – teachers, which is the core aim of the CFG programme.

The JMMB Joan Duncan Foundation recently donated two computers to the Haemodialysis Unit of the University Hospital of the West Indies (UHWI) in response to social media calls for the technology to assist the hospital to improve its patient care and management. The Haemodialysis Unit has been without a computer for almost a year, instead, relying on the support of other Units within the UHWI, or paper-based results, which can be delayed.

JMMB Group reported J$7.7 billion in net profit, for the financial year ending March 31, 2021, which reflects a 9% increase when compared to the prior year. The regional financial conglomerate’s net operating revenue grew by 5% to J$22.6 billion, when compared year-over year. 

JMMB Bank has forged a yearlong partnership with National Export-Import Bank of Jamaica (EXIM Bank) to increase access to financing to the small and medium-sized enterprise (SME) sector at more affordable interest rates, through a new loan guarantee initiative. In addition, this exclusive agreement is expected to boost export, as it is specially designed to support SMEs involved in the exporting of goods and services and its value chain.