Page 2 - Jerome Smalling News Today

JMMB Bank (Jamaica) Limited recently received a US$20 million ($3 billion) loan from FinDev Canada to support Jamaica’s small and medium-sized enterprises (SMEs) seeking capital to assist them in the creation and retention of jobs and to scale thei

Loop Business - Updated Septimus Bob Blake has a wealth of experience in the financial services industry and has held various leadership positions within the NCB Financial Group before ascending to the position of Chief Executive Officer at NCB Bank in 2019.    National Commercial Bank (NCB) Jamaica CEO Septimus ‘Bob’ Blake was elected unopposed as the President of the Jamaica Bankers Association (JBA) at its annual general meeting on Thursday. Mariame McIntosh-Robinson, President and...

Some exports from Jamaica grew in 2020 despite the impacts of the COVID-19 pandemic, giving exporters and technocrats hope for the further development of the sector. This was disclosed at the launch of a $300 million Export Guarantee Programme, ai

JMMB Bank has forged a year-long partnership with the National Export-Import Bank of Jamaica (EXIM Bank) to increase access to financing to the small and medium-sized enterprise (SME) sector at more affordable interest rates, through a new loan guara

Minister of Industry, Investment and Commerce, Hon. Audley Shaw, is encouraging more entrepreneurs to formalise their businesses through registration in order to gain access to greater funding opportunities with lower interest rates. He said formalisation will also allow businesses to become more competitive in the local as well as the international marketplace. “Instead of going to borrow money at 20 and 30 per cent interest rate, ending up putting your business in more trouble than anyth...

Minister of Industry, Investment and Commerce,  Audley Shaw, is encouraging more entrepreneurs to formalise their businesses through registration in order to gain access to greater funding opportunities with lower interest rates. He said form

KINGSTON, Jamaica — Sixty small and medium-sized mining and quarry operators have benefited...

IDB Invest, a member of the IDB Group, through a recent agreement with JMMB Bank has prov...

JMMB Bank CEO Jerome Smalling. IDB Invest, a member of the IDB Group, has made an agreement with JMMB Bank (Jamaica) Limited, which will allow the bank to access US$35 million at a five-year tenor to facilitate increased financing to small and medium-sized enterprises (SMEs). Access to finance for SMEs remains a challenge in Jamaica, despite this sector generating 80 per cent of jobs and contributing significantly to the countrys gross domestic product, according to information from the Ministr...