Loans Jamaica » Entertainment Loans http://www.loansjamaica.com Jamaican Credit & Loan Information Tue, 17 Jan 2012 16:05:18 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Loans To Jamaica’s Entertainment Sector Are Up http://www.loansjamaica.com/general/loans-to-jamaicas-entertainment-sector-are-up/ http://www.loansjamaica.com/general/loans-to-jamaicas-entertainment-sector-are-up/#comments Fri, 14 Aug 2009 17:52:56 +0000 admin http://www.loansjamaica.com/?p=119 According to a report in today’s Jamaica Observer newspaper, loans to Jamaica’s entertainment sector are up significantly. In fact, according to the report, loans to the entertainment industry jumped by nearly J$1 billion (202%) in a single month to record levels, outpacing all other sectors of Jamaica’s economy.

Commercial banks apparently have never loaned this much to the entertainment sector, with total outstanding entertainment loans now at J$1.48 billion in April this year, compared to J$491 million the previous month. This is based Bank of Jamaica (BOJ) data that was released just this week.

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