More entrepreneurs operating businesses within the tourism sector are taking up loans on offer from the National Export-Import Bank of Jamaica, new data from the state-run financial institution has revealed. The EXIM Bank markets five loan products.
JMMB Group Limited (JMMBGL) has responded to concerns surrounding the disruption of its Moneyline platform which saw banking customers across three territories unable to access their accou.
As deposit-taking institutions (DTI) continue to hike interest rates on existing and new loans, customers will now see a new round of increases and decline in free services in the next month. .
Homeowners are set to face a double whammy as several deposit-taking institutions (DTI) are set to increase the interest rate charged on existing mortgages within the next two months while general.
Consumers are set to pay more out of pocket to service their existing loans as different financial institutions adjust their interest rates on existing variable rate loans and on the headline .