August 23, 2017 12:02 AM ET

Banks

Company Overview of Bank of Jamaica

Company Overview

Bank of Jamaica, the central bank of Jamaica, issues and redeems notes and coins. It also keeps and administers the external reserves of the country; influences the volume and conditions of supply of credit so as to promote the expansion in production, trade, and employment, consistent with the maintenance of monetary stability in the country and the external value of the currency; fosters the development of money and capital markets; and acts as banker to the Government of Jamaica. The company’s services also comprise settlement of equities traded by the Jamaica Stock Exchange; regional payments on behalf of CARICOM central banks under a bilateral agreement; and provision of over-the-counte...

Nethersole Place

PO Box 621

Kingston,  

Jamaica

Founded in 1960

467 Employees

Phone:

876-922-0750

Fax:

876 922 0854

Key Executives for Bank of Jamaica

Chairman and Governor
Age: 58
Financial Controller of Finance & Technology Division
Deputy Chairman, Senior Deputy Governor and Director
Chief of Banking & Market Operations Division
Deputy Governor of Admin & Technical Svcs & Finance & Technology, Payment Systems and Risk Mgmt
Compensation as of Fiscal Year 2017.

Bank of Jamaica Key Developments

GraceKennedy Payment Services Secures Licence from Bank of Jamaica to Launch Mobile Payment Solution GK MPay to the Public Island Wide

GraceKennedy Payment Services has secured licence from the Bank of Jamaica to launch its mobile payment solution GK MPay to the public island wide. GK MPay has been launched through GraceKennedy Money Services (GKMS), after a nine-month pilot project. GK MPay allows users to pay bills, pay for goods and services at retail locations, top up mobile phones, execute peer-to-peer transactions using their mobile phone. This product will help increase financial inclusion, while giving the financially savvy another safe, convenient way to transact business.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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