Byles pleads with banks to be magnanimous on interest rates Posted on May 24, 2025May 24, 2025 by Your Financial FactSheet Following a further reduction in its policy rate, the Bank of Jamaica, BOJ, is again urging commercial banks to reduce their lending rates to their customers.
Bank fees rising again Posted on September 12, 2024September 12, 2024 by Your Financial FactSheet Less than three months after other banks raised their fees, consumers are set to pay more to use the services of First Global Bank Limited (FGB) and VM Building Society (VMBS), which are set to raise fees in the coming weeks.
Fitch stops rating Digicel Posted on May 3, 2024May 3, 2024 by Your Financial FactSheet Fitch rating agency will cease rating Digicel’s debt levels in the wake of the telecoms’ reorganisation, including a new chairman and chief executive, and change in ownership control.
Financial literacy key to Jamaica’s development Posted on November 27, 2023November 27, 2023 by Your Financial FactSheet The foundation of our nation’s journey towards improved financial literacy was laid in 2017 when the Government of Jamaica launched the National Financial Inclusion Strategy.