JMMB News

In a recent JMMB Goal Getter Live episode, seven (7) JMMB small business clients joined in a virtual expo, hosted by the company, giving these entrepreneurs an opportunity to showcase their uniquely Jamaican products and services to a diversified online audience, including Jamaicans locally and in the diaspora. Kerry-Ann Stimpson, moderator of the event and chief marketing officer at JMMB Group outlined, “The company sought to use this avenue to give some of our small business clients an occasion to show off their products and services, as our way of supporting them, and encouraging our fellow Jamaicans to also buy local products and use the services of our Jamaican small businesses, who form the backbone of our economy and are among the hardest hit by the COVID-19 pandemic.”

Several destinations now have new travel restrictions in place and some activities have come to a grinding halt, due to the novel coronavirus (COVID-19), but summer 2020 is not cancelled, just different this year, shared Kerry-Ann Stimpson, chief marketing officer at JMMB Group and moderator, of a recent JMMB Goal Getter Live (webinar). So, instead of cancelling all your vacation plans, how about taking the time to explore the beautiful island paradise that we call home – Jamaica – by staycationing?

JMMB Group last week (July 20), made real-time stock trading official, using its online transaction platform, JMMB Moneyline. With the real-time trading feature, clients will now have access to the Jamaica Stock Exchange (JSE) order queues, so that they can view the asking and bid prices for the respective Jamaican-dollar stocks and their availability/number of units being traded. This information will allow clients to make more informed decisions about their offer price, based on market conditions. 

JMMB Group reported J$7.1 billion in net profit, for the financial year ending March 31, 2020, which reflects an 83% uptick in the regional financial entity’s profit, when compared to the prior year. Additionally, the Group posted net operating revenue of J$21.6 billion, which is an increase of 19%, year-over-year; as a result of growth in core business operations and organic growth in its portfolio.