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Monday, May 20, 2024

Banking

Sagicor completes AIML deal

Sagicor Group Jamaica declared for the current week that it has finished the acquisition of the securities dealer book of Alliance Investment Management Limited, AIML, by its auxiliary Sagicor Investments Jamaica Limited. Sagicor let it be known in a media...

Sagicor X Fund outperforms last year’s numbers

The Sagicor real estate and hospitality venture vehicle Sagicor Real Estate X Fund Limited is revealing better monetary execution from January to June, with a net benefit of $110 million, a circle back from its more than $47-million deficit...

Access Financial gets approval to provide microcredit services

Access Financial Services Limited (AFS) has been given the green light from the Bank of Jamaica (BOJ) to operate as a microfinance institution. This license also ensures that Access Financial Services will operate under the Microcredit Act, 2021, and...

Sagicor is at the final stages of completion of a lucrative residential complex in St. Catherine

Sagicor Group Jamaica (SJ) is at the final stages of completing a lucrative project, the New Brunswick Village commercial and residential complex in Spanish Town, St Catherine. This project was created through Bailey Williams Limited; it marks the first...

JMMB group pushes further into the Dominican Republic market with Banco Multiple Bell Bank SA purchase

JMMB Holding Company has been given the green light to make a strategic purchase of Banco Múltiple Bell Bank, S.A. in the Dominican Republic. Additionally, within this deal, that bank will be able to merge with Banco Ahorro y...

VMIL sees a 39 percent increase in Q2 profit despite challenges

Victoria Mutual Investments Limited (VMIL), as it keeps on exploring different changes in the nearby and worldwide climate, for its subsequent quarter finished June posted expanded benefits of $242.5 million â€" 39 percent over that of a similar period...

JMMB is entering the credit card market

JMMB Group is hoping to enter the extravagant Visa market and grow its installment arrangements in Jamaica, the Dominican Republic, and Trinidad and Tobago (T&T). The monetary administration combination, which serves more than 412,000 clients, sent off an installment administrations...
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Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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