Loans Jamaica

Want A Student Loan? Choose Courses That Will Help To Advance Jamaica

Speaking yesterday at the Caribbean Maritime Institute’s (CMI) graduation ceremony at the Jamaica Pegasus Hotel in Kingston, Prime Minister Bruce Golding said that in the very near future, students who are pursuing courses / programs that are considered vital to the country’s development, will be given preferred status when applying for loans from the Students [...]

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Notice To All Fortune Corporation Car Loan Customers

The following notice to all Fortune Corporation Limited car loan customers was published in today’s newspapers: “Please be advised that effective Tuesday, November 10, 2009 all car loan payments will be collected at the offices of AIM Financial Corporation Limited, 19 West Kings House Road, Kingston 10, situated opposite to the offices of Fortune Corporation [...]

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DBJ To Make J$1B Available To Micro & Small Businesses Via Loans

Minister of Finance & The Public Services Hon. announced recently that the Development Bank of Jamaica (DBJ) will make J$1 billion available to support micro and small businesses. He said that this had become necessary due to the challenges – related to the provision of collateral for loan applications – which businesses operating in these [...]

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Attempt To Bring Bangladesh-based Grameen Bank to Jamaica Stalled

Attempts by the Chris Blackwell-led groups, Island Outpost and Island Jamaica, to bring the Bangladesh-based Grameen Bank to Jamaica have reportedly been stalled by their failure to raise the US$2 million (J$180 million) in equity capital required for the venture. Based in Bangladesh, the Grameen Bank is known internationally as the “bank of the poor”, [...]

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Audley Shaw Says Micro-Financiers Should Lower Their Loan Rates

Speaking recently at the launch of the new Jamaica Micro-financiers Association Limited (JaMFA), Minister of Finance Audley Shaw said that Jamaica’s microfinan-ciers apply too big a markup to the credit that they issue to borrowers, and that they should look to lower their rates or get left holding their cash while the productive sectors seek [...]

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Students Loan Bureau Repayment Plan To Be Matched To Earning Ability

Speaking on his monthly radio call-in programme ‘Jamaica House Live’ last week Wednesday (October 28), Prime Minister Bruce Golding reiterated his plan to have the Students Loan Bureau (SLB) repayment plan matched to earning ability. Prime Minister Golding said said: “You probably know that we are introducing a new policy now. We can’t commit to [...]

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Financial Institutions Offering Special Car Loan Rates

In anticipation of a pre-holiday spending surge, several local banks and financial institutions have been lowering their car loan rates – in an effort to woo a hesitant consuming public. Last week, First Caribbean International Bank Jamaica Limited (FCIBJ) began offering existing car owners a refinancing loan for cars no older than two years, as [...]

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