Scotiabank’s Small Business Unit has launched a $100-million loan fund to assist small farmers to plant cash crops for local consumption. The funds, which are being made available at a concessionary rate of 9.95%, is part of the Ministry of Agriculture and Fisheries Financial Access for Responsible Members (FARM) Programme. In a release issued recently, [...]
Continue reading...Friday, March 12, 2010
Today’s Jamaica Observer newspaper has an article about the on-going battle between National Commercial Bank (NCB) and Scotiabank over the auto loan market. “LEADING financial institutions National Commercial Bank (NCB) and Scotiabank are jostling for the major share of the tight auto loan market, both significantly chopping interest rates and wooing auto dealers over the [...]
Continue reading...Sunday, January 24, 2010
In an ad in the motor vehicle classifieds section of the Sunday Gleaner newspaper today, Scotiabank invites you to ‘STEER INTO A GREAT DEAL!‘ Head in the right direction and get financing for your used motor vehicle from Scotiabank. Up to 95% financing 19.75% interest rate $10,000 cash for gas Offer valid until March 31, [...]
Continue reading...Friday, January 22, 2010
In today’s Jamaica Observer newspaper, Scotia Jamaica Building Society is advertising their mortgage product: A mortgage from Scotia Jamaica Building Society Mortgage can make it easier for you to move in, move up and move ahead. Choose from our many mortgage solutions: Purchase a lot Build on your own land Buy a house, townhouse or [...]
Continue reading...Thursday, October 29, 2009
As per ads in the newspapers recently, check out some of the details below on ScotiaBank’s Scotia Plan Loans: Interest rates starting at 19.75% Payment terms of up to 72 months A pre-approved MAGNA MasterCard or GOLD MasterCard credit card (* conditions apply) Creditor life insurance coverage of up to $7.5 million (* conditions apply) [...]
Continue reading...Saturday, October 17, 2009
Scotiabank Jamaica announced yesterday that effective November 1, 2009, it will cut its base lending rate by 62 basis points to 19.88%. This is the second rate reduction announced by ScotiaBank in the past three months, and this new 19.88% will be the lowest loan rate compared to all the other local commercial banks. ScotiaBank’s [...]
Continue reading...Tuesday, October 13, 2009
President and CEO of Scotia Group Jamaica, Bruce Bowen, announced yesterday, the launch of a concessionary 9.95% loan facility called the Scotia Productive Sector Growth Fund that’s specifically for Jamaica’s productive. They have made J$500 million available for lending within this fund, and at an interest rate of 9.95%, it is undoubtedly one of the [...]
Continue reading...Wednesday, September 2, 2009
Stewart Motors, authorized dealers here in Jamaica of Suzuki motor vehicles, has a newspaper ad today, offering $0 first month installment on new vehicle purchases that are financed through ScotiaBank. Here are the ad details: 2009 Suzuki Swift – monthly payment of J$41,132 2009 Suzuki Grand Vitara – monthly payment of J$41,338 Note, both items [...]
Continue reading...Friday, July 24, 2009
Just hours after the Bank of Jamaica (BOJ) reduced the interest rate on open instruments by one per cent, Scotiabank Jamaica has announced a cut in its own interest rates. As of next Monday, August 3, Scotiabank’s base lending rates will be reduced by one per cent from 21.5 per cent to 20.5 per cent. [...]
Continue reading...Friday, July 17, 2009
A recent ScotiaBank press ad asks “Are you prepared for this hurricane season?” It continues: Plan ahead with a Scotia Plan Loan. You could purchase a generator, shutters or the water tank and pump you need and be prepared for anything. *Conditions Apply Apply today for a Scotia Plan Loan by calling 1-88-4-SCOTIA or visit [...]
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Wednesday, May 5, 2010
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