On paper, Jamaica’s central bank looks triumphant. Prices are stable, reserves are swelling, and the economy is recovering in ways that most countries would envy. Yet, behind the boardroom doors
Jamaica’s banking sector just received its latest report card from the Bank of Jamaica, and the grade isn’t flattering. Pre-tax profits for deposit-taking institutions (DTIs) sank almost one-fifth to J$42.2
Jamaica’s credit-union movement is bracing for a high-stakes showdown with the Bank of Jamaica after the regulator quietly excised a clause that would have liberated the sector from commercial-bank bottlenecks.
Renozan Limited, the digital banking force behind Jamaica’s most aggressive merchant-finance revolution, is now facing increasing external pressure to partner with a licensed financial institution as it prepares for its
As anticipation builds for the national rollout of Renozan Limited’s payment terminals, the Bank of Jamaica (BOJ) has formally advised the company to appoint a Chief Financial Officer without further
In a recent decision, the Bank of Jamaica opted to maintain its policy rate at 6%, reflecting its confidence in recent improvements in inflation trends. However, central bank officials made
The Small Business Association of Jamaica (SBAJ) has voiced strong criticism towards local commercial banks for their reluctance to lower lending rates in response to the Bank of Jamaica’s (BOJ)
In a significant move aimed at bolstering its operational resilience, the Bank of Jamaica (BOJ) has acquired the historic former French embassy property located at 13 Hillcrest Avenue for US$7.965
Renozan Limited’s recent endorsement by the Bank of Jamaica (BOJ) has sparked a wave of backlash from both officials and financial experts. While the fintech startup’s innovative approach to digital