Latest articles from Jamaica

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Jamaica begins ‘retail’ CBDC pilot

August 12, 2021

The Bank of Jamaica has distributed $1.5m in central bank digital currencies to authorised institutions.

Republic Bank

Top 50 Caricom Banks ranking 2016: growth plateaus while profits rise in the Caribbean

August 1, 2016

Caribbean lenders still face challenges to growth, as shown in The Banker's Top 50 Caricom Banks ranking for 2016, but many have turned the corner in terms of profits. 

New prime minister looks to get Jamaica working

May 23, 2016

In his first major international interview since he was sworn in as prime minister on March 3, Jamaican prime minister Andrew Holness tells Courtney Fingar about his economic strategy for the next few years, including tax reform and preparation for the opening-up of Cuba.

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Bringing Jamaica back from the brink

November 24, 2014

Jamaica’s minister of finance Peter Phillips is working with the International Monetary Fund to implement reforms and stimulate economic growth in the Caribbean country.

Economic troubles weigh on Caribbean banks

Economic troubles weigh on Caribbean banks

August 1, 2013

Bank earnings across the Caribbean are down, as the region's lenders continue to struggle against a difficult economic backdrop. But there are still some bright spots, with a handful of banks managing to boost their asset base and retain impressive profitability.

Peter Phillips

Opportunities abound in the rebuilding of Jamaica's economy

May 1, 2013

Jamaica has turned a corner since its recession in 2010, say finance minister Peter Phillips and central bank governor Brian Wynter, thanks in no small part to its plans to restructure the country’s public debt and attract more cross-border investment.

TEASER-Banks battle impact of Caribbean economic woes

Banks battle impact of Caribbean economic woes

August 1, 2012

Growing public debt, falling GDP rates and rising unemployment are casting a shadow over the Caribbean region. Banks are responding by raising capital and many are still delivering good returns.

TEASER-on the brink

On the brink: the banks just outside the Top 1000

August 1, 2012

While The Banker's Top 1000 World Banks ranking published every July gives an insightful and unique snapshot of the state of the global banking market, our ranking of those banks featuring just below the ranking gives an excellent indication of the way in which the market is heading, and which countries and regions are on the rise.

Audley Shaw

August 30, 2010

Audley Shaw, Minister of Finance and the Public Service, Jamaica

A raft of economic and financial reforms implemented by the Jamaican government is designed to return the country to a path of sustainable growth and development.

Show of strength

July 1, 2008

Jamaica’s banks are not too worried about the global credit crunch as the sector shows full recovery from the 1990s crisis, 

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