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BOJ unbowed

In the wake of the court decision favouring Alliance Investment Management Limited, AIML, the Bank of Jamaica, BOJ, is standing by its regulatory actions against affiliates, Alliance Financial Services Limited and Alliance Finance Limited. On...

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BOJ Explains Actions Taken In Relation To AIML

BOJ Explains Actions Taken In Relation To AIML
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Sagicor Group announces Panama entry - Jamaica Observer

Sagicor Group Jamaica Limited (SJ) has started 2024 with a splash, announcing on Monday that its Costa Rican joint venture had acquired Sagicor Panama SA in the latest move towards growing its reg...

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Remittance market heats up - Jamaica Observer

The multi-billion-dollar remittance market has heated up even further as Supreme Ventures Fintech Limited (SVFT) becomes the ninth company to receive a primary agent licence from the Bank of J...

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Lasco Financial bets on microfinance - Jamaica Observer

Lasco Financial Services Limited (LASF) is betting its future growth on its microfinance subsidiary Lasco Microfinance Limited amid the shifting remittance market. Lasco Financial purchased the ...

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MoneyGram partners with VM Money - Jamaica Observer

VM Money Transfer Services Limited has inked an exclusive agreement with MoneyGram International Inc to allow customers to receive their remittances directly to their accounts. The direct-to...

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Sagicor Financial acquiring Ivari - Jamaica Observer

SAGICOR Financial Company Limited (SFC) is entering the Canadian insurance market after entering into a definitive agreement to acquire middle-market individual life insurer Ivari in a transaction...

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Sagicor kicks off back-to-school wellness tour this weekend at Devon House

Sagicor Group Jamaica will be hosting a series of wellness fairs across the island over the next three weekends, beginning this Saturday, August 20, 2022, at Devon House in St Andrew. The other ...

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Sagicor Group's half-year profits up 25% - Jamaica Observer

Sagicor Group Jamaica Limited (SGJ) improved its profitability in the first six month of 2022 as three of four segments saw their profit for the period increase. SGJ's $6.04 billion net profi...

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Alliance shift - Jamaica Observer

IT appears Peter and Robert Chin, the brothers whose Alliance-branded businesses came under heavy scrutiny late last year after one of the entities was cited for breaches of its licence, has re-em...

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