JMMB Reduces Its Loan Rates
Jamaica Money Market Brokers (JMMB) yesterday reduced rates on all its existing loans by two percentage points, and has dropped rates across all loan offerings going forward. JMMB announced that it has cut rates “to as low as 16.95 per cent across their entire portfolio of loan offerings for new loans — motor vehicle, home [...]
Continue reading...26. February 2010
RBTT Motor Vehicle Loan
RBTT has joined other banks – such as ScotiaBank and NCB – and seems now to be aggressively pushing its motor vehicle loan options. Here are details from their ad in today’s Jamaica Observer newspaper: You can’t go wrong with an RBTT motor vehicle loan! Financing: Up to 90% on new and used vehicles Financing for vehicles up to [...]
Continue reading...26. February 2010
NCB To Focus On Loans To Offset Jamaica Debt Exchange
THE National Commercial Bank (NCB) has signalled that a focus on its loans portfolio will guide its strategy for shoring up income lost from the financial fallout and the reduction in its interest income earnings from Government of Jamaica (GOJ) securities. NCB is expected to naturally shift the way it operates, following the effective conclusion [...]
Continue reading...22. February 2010
Loans Manager Needed Urgently
From advertisement in today’s Gleaner newspaper: Responsibilities Reporting directly to the General Manager Responsible for approval of in house/same day loans Analysis of loans application for approval by Credit Committee Work with delinquency officers to minimise delinquent loans Develop and monitor small and micro loans Supervision of loans officers Review of loans portfolio to strengthen weaknesses Requirements Certificate in business (minimum) At least three (3) years [...]
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2. March 2010
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