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Jamaica Reduces Imports In 2020

Jamaica Reduces Imports In 2020

KINGSTON, Jamaica (Friday, April 16, 2021) — Jamaica’s expenditure on imports, during the 2020 calendar year, fell by 26.4 percent to US$4.76 billion, relative to the previous year, disclosed Director General of the Statistical Institute of Jamaica (STATIN), Carol Coy, ...

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Loans Market In Jamaica Hits Trillion-Dollar Mark

Loans Market In Jamaica Hits Trillion-Dollar Mark

KINGSTON, Jamaica (Tuesday, March 9, 2021) — Outstanding banks loans in Jamaica hit a new record of $1 trillion at the end of 2020, but non-performing loans (NPL) loans grew by more than 40%. Total loans, across the banking system, ...

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Scotiabank Guyana To Be Sold, But Regulator In The Dark

GEORGETOWN, Guyana (Tuesday, March 9, 2021) — The Bank of Guyana (BOG), which regulates local financial institutions, has advised that Trinidad’s First Citizens Bank has not applied for a banking licence in Guyana, although it has agreed to buy Scotiabank’s ...

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