First Global Bank
Ideal Finance Corporation
First Global Bank Limited (FGB) is a commercial bank operating in Jamaica, originating in 1970 as The First National Bank of Chicago (Jamaica) Limited. That organization later changed ownership and was renamed First Jamaica National Bank Limited. That institution was acquired on March 26, 1993, as a joint venture between Trafalgar Development Bank with 51% of the shareholdings and Grace Kennedy & Co. Ltd. (since renamed GraceKennedy Limited) having 49% of the shareholdings. It was then renamed Trafalgar Commercial Bank Limited (TCB).
Ideal Finance Corporation Limited is a premier Portfolio Management Company headed by Donovan Lewis, one of Jamaica’s most renowned portfolio investors. Our Chairman’s expertise is augmented by an accomplished team of professionals whose primary focus is providing our clients with maximum returns on their investment dollar while preserving their capital.
Ideal Finance Corporation offers a wide range of money market and capital market instruments delivered through our first class personalized account services designed to cater to our clients’ short, medium and long term needs.
MF&G Trust & Finance LTD
MF&G TRUST & FINANCE was incorporated in 1969 as Solnar Limited with its activities geared to providing deposit-taking, lending and leasing facilities to clients of the law firm Myers Fletcher & Gordon.
In 1992 the shareholders decided to position the company as a full-fledged merchant bank to take advantage of an expanding financial services market. MF&G Trust & Finance became the new name, highlighting the strong and enviable ties with the law firm. This allowed the company to emerge as a separate entity with its own reputation in the financial marketplace. The Company’s assets, which were then less than J$200 million, have increased in the intervening period, confirming the wisdom of this decision and the increasing client confidence in the Company.
New Era Finance Limited operating under the trade name O.B.F. Finance Company since 1984. We are the first micro-finance institution to have been established in Jamaica and the first micro-lender to have offered SAME DAY LOANS and still continue to do so over the years.
Our main focus is to provide quick and easy loans to micro and small businesses across the island. We target primarily those business operators who are unable to readily acquire similar assistance from the traditional banking sector. Loans are disbursed using y\traditional and non-traditional security/collateral “the same day” once all conditions are met.
Jamaica Mortgage Bank
The Jamaica Mortgage Bank was established in 1971, as a private limited company under the Companies Act of 1965 with an authorized share capital of $5 million. On June 5, 1973, under Act of Parliament No. 16 of 1973, the Bank was converted to a statutory corporation. The authorized, issued and fully paid-up share capital of the Bank is at present $500 million.
For more than 50 years, Citi Jamaica has offered key services to its clients since it was founded in 1960. Citi Jamaica offers Corporate Investment Banking services, such as Cash Management, Treasury, Trade Finance, Corporate Finance, Loan and Liquidity products to a customer base that is comprised of more than 150 multinational corporations and their local subsidiaries, financial institutions, large local companies, as well as public sector and government institutions. Citi Jamaica introduced a trading platform to facilitate corporate clients to execute FX trades via an electronic platform while improving efficiencies in their confirmation and settlement processes.
What is it?
Need Funds now, not in three month?
Fed up chasing your clients for payment?
Need funding to acquire or upgrade equipment?
As a company grows, it starts to consume a lot of cash in the day to day operations of the business that has nothing to do with its profits or losses. This type of cash requirement is called working capital.
Working capital is the finance that businesses need for their day-to-day trading operations.
All businesses require working capital, but sometimes they are unable to access the cash that they need because they have to wait for large invoices to be paid – sometimes for up to 90 days.
Development Bank of Jamaica
The Development Bank of Jamaica Limited is a corporation that is wholly owned by the Government of Jamaica and is mandated to foster economic growth and development of strategic sectors of the Jamaican economy.
It was created in April 2000, from the merger of the Agricultural Credit Bank of Jamaica Limited and the National Development Bank of Jamaica Limited. The operations, assets and liabilities of the National Investment Bank of Jamaica (NIBJ) were further amalgamated with the DBJ on September 1, 2006.
Fidelity Finance and Leasing Company LTD
This company operates under the Financial Institutions Act 2008 (Previously FIA 1993) and is licensed by the Central Bank of Trinidad and Tobago to perform the following:
Finance House / Finance Company
Confirming House / Acceptance House
WestStar Financial Group
WestStar Financial Group helps you with creating and implementing financial strategies.
WestStar’s Mission is to provide a high level of support to our associates and help in growing their business and create wealth.
WestStar Financial Group is a Managing Directors office for Individual Life Sales Channel at Voya Financial and an office of Supervisory Jurisdiction (OSJ) for Voya Financial Advisors, Inc., the Broker Dealer.
Kris An Charles Investments
Kris An Charles Investment Ltd. has been the leading Micro Financing Organization for all our customers' financial needs since 1992. The primary objective of the company is the provision of quick and hassle free loans.
We offer a comprehensive range of loan options with products designed with you, the consumer, in mind to always design and deliver flexible repayment packages to meet your needs.
EXIM - Trade Credit Insurance
EXIM’s Trade Credit Insurance (TCI) protects your receivables against non-payment by local and overseas buyers. With TCI you can recover up to 85% of your receivables under commercial cover, and up to 90% under political cover.
Common Wealth Partners
Creating unique technology driven solutions to meet the needs of High Net-Worth as well as the un/under-banked segments in the Caribbean and its North American Diaspora Our focus markets include CARICOM (Key markets – Jamaica, Trinidad, Haiti, Barbados, Cayman & St. Lucia), and North America