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GOJ selling 40% of mortgage bank prior to IPO

The planned divestment of Jamaica Mortgage Bank, JMB, via the stock market contemplates a carve out of a large chunk of the bank for sale to a key investor prior to the public offer of shares. But the deal to be struck won’t be consummated until.

BOJ Issued Licences To 33 Microcredit Institutions In 2023

BOJ Issued Licences To 33 Microcredit Institutions In 2023
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Microcredit institutions face approval delays

MICROCREDIT financial institutions seeking licensing are grappling with prolonged wait times for the approval of their licensing applications - a result of the new regulations implemented in 2021 .

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