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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 .
Clarke started his career as a derivatives trader in London at Goldman Sachs, the prestigious international investment bank. Since returning to Jamaica in 1999, he has structured and negotiated over US$1 billion of inbound investment for private equity, business development, acquisition finance, trade finance and infrastructure development.
The economy of Jamaica is heavily reliant on services, accounting for 71% of the country's GDP. [17] Jamaica has natural resources and a climate conducive to agriculture and tourism. The discovery of bauxite in the 1940s and the subsequent establishment of the bauxite-alumina industry shifted Jamaica's economy from sugar, and bananas.
Paul Barnaby "PB" Scott (born November 22, 1975) is a British businessman, active in the Caribbean. He is chairman, CEO, and majority shareholder of the Musson Group of Companies, [1] which has controlling stakes in public and private companies operating in more than 30 countries throughout the Caribbean, Central American region, and the Pacific.
NCB Financial Group Limited. The NCB Financial Group Limited ( JSE: NCBFG) is a financial services conglomerate operating in the Caribbean region and headquartered in Kingston, Jamaica. NCB Financial Group Limited is the parent company of the National Commercial Bank of Jamaica, the largest and most profitable financial institution in Jamaica.
Brian Wynter. Brian Wynter OJ (born in Jamaica, 1959) is a Jamaican banker and financial regulator, who is notable for his work with the Financial Services Commission (FSC). [1] In October 2009, it was announced that he would assume the position as Governor of the Bank of Jamaica on 1 December 2009. [2] [3]
Union Bank of Jamaica in Jamaica was the result of a merger in 2000 of the business of four FINSAC controlled commercial banks and their three allied merchant banks, all seven of which sought Government intervention when faced with insolvency. The seven banks are: Citizens Bank. Island Victoria Bank. Eagle Commercial Bank. Citizens Merchant Bank.
Jamaica and the World Bank. Jamaica first joined The World Bank Group (WBG) on 21 February 1963, when the island nation became a member of The International Bank for Reconstruction and Development (IBRD), which lends to middle and low income nations. [1] [2] This occurred the same month as Jamaica joining the International Monetary Fund (IMF ...