JMMB News
Want to read up on the latest news and updates from JMMB? Read through our news page to get all the latest information.
DBJ and Joan Duncan Trust Supports the Launch of UTech, Jamaica Global Entrepreneurship Monitor (GEM) Jamaica 2021/2022 National Report
The University of Technology, Jamaica (UTech, Jamaica), through its College of Business and Management on March 2, 2023
JMMB Joan Duncan Foundation Partners with Hope Gardens Renovation Project to Provide Green Space for Jamaicans
The recently refurbished gazebo at the Royal Botanical Gardens (Hope Gardens), is now open for use. The gazebo which was refurbished at a cost of J$750,000 was undertaken from a donation from the JMMB Joan Duncan Foundation, as part of the Eastern Gardens Renovation project.
JMMB Bank Launches Point-of-Sale Offerings to Increase Payment Solutions for Businesses
JMMB Bank, recently announced the launch of its point-of-sale (POS) solution which is backed by the WiPay platform -a revolutionary offering - in the local market. This partnership supports greater digitization of businesses, increased digital payments acceptance infrastructure, and facilitates omnichannel payment solutions for businesses, by bringing in-person and online sales together.
JMMB Group Records J$4.8B in Profit in Challenging Market Conditions
Regional financial entity, JMMB Group is reporting a dip in its net profit to J$4.8 billion, for the nine-month period ending December 31, 2022. This reflects a 52% falloff in the Group’s earnings year-over-year, having recorded unprecedented profit in the prior year. During the period, JMMB Group also posted operating revenue of J$18.9 billion, a 14% decline, for the comparative period. The Group’s financial performance for the period was impacted by the challenging macro-economic conditions.