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GOJ selling 40% of mortgage bank prior to IPO - Vimarsana News

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...

Microcredit institutions face approval delays - Vimarsana News

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 ...

Mayberry deepening microfinance interest - Jamaica Observer - Vimarsana News

Mayberry deepening microfinance interest - Jamaica Observer

MAYBERRY Investments Limited has purchased an additional 10 per cent stake in Dolla Financial Services Limited as it increases its interest in listed microfinance companies. The disclosure, whic...

Dolla Financial bullish on expansion - Jamaica Observer - Vimarsana News

Dolla Financial bullish on expansion - Jamaica Observer

Local microcredit provider Dolla Financial is in the process of pursuing expansion opportunities but may be hampered by the new Microcredit Act, among other challenges. CEO Kadeen Mairs revea...

Courts Ready Cash expanding footprint - Jamaica Observer - Vimarsana News

Courts Ready Cash expanding footprint - Jamaica Observer

Courts Ready Cash is increasing the touchpoints with which customers can access its microfinance services as it targets further growth under its new parent company Bluestart Capital. General ...