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This page was last edited on 17 September 2019, at 02:47 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The move brought Jamaica in line with European standards, but at first meant that companies filing their financial reports with the U.S. Securities and Exchange Commission (SEC) would have to reconcile their figures to Generally Accepted Accounting Practices (GAAP) and highlight the differences from IFRS. In June 2007 the SEC allowed companies ...
The Financial Services Commission was established to improved the Financial Supervision in Jamaica after the 1995 Financial Crisis. [1] After the act was passed, the senior directors and key executive members were hired in November 2001.
Citizens Bank had started in 1967 as Jamaica Citizens Bank, the first Jamaican-owned bank. The US bank, Citizens and Southern had taken a 49% stake, and local interests owned 51%. At some point Citizens & Southern was forced to sell its shares to local interests. Eagle Commercial Bank had been established in 1968, and Island Victoria Bank in 1993.
In 1950 GSB was the first credit union in Jamaica (and the Caribbean) to contract with the CUNA Mutual Insurance Society to protect members' savings and loans, standard for all credit unions. In 1954 it rented offices at the Teachers Mutual Aid Society Building at 28 Duke Street, hiring Horace Abrahams as the first general manager of a Jamaican ...
The Bank of Jamaica (Jamaican Patois: Bangk a Jumieka) is the central bank of Jamaica located in Kingston. It was established by the Bank of Jamaica Act 1960 [ 3 ] and was opened on May 1, 1961. It is responsible for the monetary policy of Jamaica on the instruction of the Minister of Finance .
NCB Group Limited was listed on the Jamaica Stock Exchange in 1986. [4] Between 1986 and 1991, the Government of Jamaica divested 61% of its shares in NCB Group Limited, and sold the remaining 39% to Jamaica M&N Investments Limited (a joint venture of the Jamaica Mutual Life Assurance Society and Jamaica National Building Society) in 1992. [4]
Create account; Log in; ... Pages in category "Banks of Jamaica" The following 3 pages are in this category, out of 3 total. ... Union Bank of Jamaica