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Jamaica Banking News. Service for global professionals. Constantly updated news and information about Jamaica.
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Latest Jamaica Banking News

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  • Omar defiant 27 Nov 2009 12:41 GMT
    ... in the Finsac Enquiry held at the Jamaica Pegasus Hotel in Kingston. In a testy ... high interest rate policy that pushed the banks' bad debt portfolio to the level it reached. ...

  • State approves East Boston Savings-Mt. Washington bank merger 27 Nov 2009 16:53 GMT
    ... AM State approves merger of two Boston banks BOSTON – The state Division of Banks has ... retail branches in South Boston, Dorchester and Jamaica Plain. Merritt said no layoffs are expected, ...

  • MoneyGram International Grows Post Office Relationships as Cyprus Post and Post Cape Verde Join Agent Network 27 Nov 2009 14:10 GMT
    ... Kingdom, Italy, the Ukraine, Canada, Poland and Jamaica. Kenya Post also added MoneyGram money transfer ... Copyright © 2009, NewsBlaze, Tags: Business wire, Banking and Finance, , minnesota, Medical, Consulting, Accounting and ...

  • Cumbrians lobby for flood repair contracts 27 Nov 2009 19:32 GMT
    ... to to win contracts in Ghana and Jamaica and breaching UN sanctions on Iraq. Mabey ... The resilience is incredible.” However, he said banks should offer loans, since cash flow was key ...

  • Omar blasts ex-bankers 25 Nov 2009 07:37 GMT
    ... meltdown BY PAUL HENRY Observer staff reporter henryp@jamaicaobserver.com FORMER finance minister Dr Omar Davies yesterday ... their institutions. He said also that the bankers could not be trusted as they gave ... time. Under Finsac, insolvent insurance companies and banks were shut down and bad debt portfolio ...

  • Fitch Downgrades Jamaica's IDRs to 'CCC'; Outlook Negative 24 Nov 2009 21:16 GMT
    ... Fitch Downgrades Jamaica's IDRs to 'CCC'; Outlook Negative NEW YORK ... Medical, Consulting, Accounting and other Professional Services, Banking and Finance Fitch Downgrades Jamaicas IDRs to CCC; ...

  • Rusal's crossroads - Russia, Libya or China 24 Nov 2009 10:50 GMT
    ... 25% shareholding in Norilsk Nickel to a banking syndicate comprised of Royal Bank of Scotland, ... to Rusal for immediate repayment to the banks. This wasn't so much a bailout of ... rest of Rusal's global empire - in Jamaica, Guyana and Australia, for example? ...

  • Wallbridge Mining adds Parviz Farsangi and Roland Horst to Board of Directors (CNW) 26 Nov 2009 12:53 GMT
    ... in Louisiana and St. Ann Bauxite in Jamaica for in Sudbury, Ontario in 1985 with ... experience as a chief executive officer, investment banker,corporate banker and geologist, including 13 years as ... Horst also has extensive experience in investment banking having held positions as head of the ...

  • Wallbridge Mining adds Parviz Farsangi and Roland Horst to Board of Directors 26 Nov 2009 12:57 GMT
    ... in Louisiana and St. Ann Bauxite in Jamaica for Falconbridge. Mr. Farsangi is a graduate ... experience as a chief executive officer, investment banker,corporate banker and geologist, including 13 years as ... Horst also has extensive experience in investment banking having held positions as head of the ...

  • AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update 23 Nov 2009 21:50 GMT
    ... Philippines 9.875%, 1/15/19 1.20% 7)Citigroup/Deutsche Bank Commercial Mortgage 1.18% Trust Series 2006-CD2, Class A2 5.408%, ... - Entertainment 0.09% SUBTOTAL 29.04% Financial Institutions: Banking 1.76% Finance 0.74% Insurance 0.67% REITS 0.20% ... 0.40% Iceland 0.35% India 0.35% Lithuania 0.32% Jamaica 0.31% Croatia 0.27% Singapore 0.24% Norway 0.22% ...

  • AllianceBernstein Income Fund Releases Monthly Portfolio Update 23 Nov 2009 22:55 GMT
    ... Portfolio % Governments - Treasuries: Treasuries 55.30% Mortgage Pass-Thru's: Agency ARMS 4.58% Agency Fixed Rate ... 8.36% Corporates - Investment Grades: Financial Institutions: Banking 2.24% Finance 0.40% Insurance 0.22% Other Finance ... El Salvador 0.20% Netherlands 0.18% Peru 0.18% Jamaica 0.17% Lithuania 0.16% Australia 0.16% Canada 0.15% ...

  • UPDATE 1-Russia's RUSAL postpones IPO roadshow to Dec 7 26 Nov 2009 17:55 GMT
    ... it depends on is all but complete, banking sources told Reuters. RUSAL is hoping to ... have got 98.1 per cent of Western banks credit-approved on the restructuring agreement, but it's ... to cover everywhere from St Lucia to Jamaica to Ireland to Ukraine, never mind England ...

  • Russia's RUSAL postpones IPO roadshow until Dec 7 26 Nov 2009 18:56 GMT
    ... it depends on is all but complete, banking sources told Reuters. RUSAL is hoping to ... have got 98.1 per cent of Western banks credit-approved on the restructuring agreement, but it's ... to cover everywhere from St Lucia to Jamaica to Ireland to Ukraine, never mind England ...

  • Russia's RUSAL postpones IPO roadshow to Dec 7 26 Nov 2009 19:13 GMT
    ... it depends on is all but complete, banking sources told Reuters. RUSAL is hoping to ... have got 98.1 per cent of Western banks credit-approved on the restructuring agreement, but it's ... to cover everywhere from St Lucia to Jamaica to Ireland to Ukraine, never mind England ...

  • Thankfulness for being our better selves 26 Nov 2009 12:58 GMT
    ... the outpouring of help to get the Jamaican emigrant and her four children out of ... the people who inhabit it might be mortgage bankers who decide where people live, cops who ...


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