JMMB News

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. 

Being set for life, when you retire from your 9-5 job, or the daily ‘grind’, is easier than you think, if you apply the ABC plan shared by Camille Steer, corporate manager, fund services, at JMMB Fund Managers, during a recent episode of the JMMB Goal Getter Live (webinar) series. 

JMMB Group Limited (JMMBGL) has advised that due to the impact of the COVID-19 pandemic there has been a further delay in the release of its audited financial statements for the year ended March 31, 2020.

“The delay is due to the impact of COVID-19 in the countries in which we operate. The governments [have] placed various restrictions which impact team members and auditors from executing their tasks in a timely manner,” reports JMMB.