My Financial News from Jamaica, Bank deposits

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Jamaica , Wednesday 14 October 2026

News Jamaica Bank deposits: Bank deposits are back above pre-SVB levels. Regional lenders still have problems.

Published on: Thursday 04 April 2024
Bank deposits are back above pre-SVB levels. Regional lenders still have problems.
News source: https://finance.yahoo.com/news/bank-deposits-are-back-above-pre-svb-levels-regional-lenders-still-have-problems-080014742.html

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News Jamaica Bank deposits: JN Bank Expands Self-Service Banking Across Jamaica with Diebold Nixdorf's Cash Recyclers

Published on: Tuesday 10 March 2026
JN Bank Expands Self-Service Banking Across Jamaica with Diebold Nixdorf's Cash Recyclers
News source: https://finance.yahoo.com/news/jn-bank-expands-self-banking-120700581.html

Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced the successful expansion of JN Bank's self-service network across Jamaica with the rollout of DN Series® 200V cash recyclers. This marks a significant leap in self-service banking for the Caribbean, delivering advanced cash recycling and a more secure, personalized experience to nearly 1 million JN Bank members. Installation and services for this implementation were provided by MC Systems, D

News Jamaica Bank deposits: JN Group Invests Millions to Limit COVID Exposure to Members, Employees

Published on: Friday 20 May 2022
JN Group Invests Millions to Limit COVID Exposure to Members, Employees
News source: https://www.voice-online.co.uk/news/2022/05/20/jn-group-invests-millions-to-limit-covid-exposure-to-members-employees/

Earl Jarrett, chief executive officer and deputy chairman of The Jamaica National ... of the upgrade to JN Bank’s ATM network, for instance, 66 per cent of total deposits valuing more than ...

News Jamaica Bank deposits: 19 indicted in international drug money laundering scheme

Published on: Wednesday 25 May 2022
19 indicted in international drug money laundering scheme
News source: https://www.boston.com/news/local-news/2022/05/25/19-indicted-in-international-drug-money-laundering-scheme/

Two people were arrested on Tuesday in Jamaica and three others were ... and individuals or through multiple small deposits into different bank accounts, officials said. Nearly 3,000 kilograms ...

News Jamaica Bank deposits: Trinidad PM says he was almost scammed into making 'substantial deposit' to a Chinese bank

Published on: Tuesday 24 May 2022
Trinidad PM says he was almost scammed into making 'substantial deposit' to a Chinese bank
News source: https://www.jamaicaobserver.com/latest-news/trinidad-pm-says-he-was-almost-scammed-into-making-substantial-deposit-to-a-chinese-bank/

PORT OF SPAIN, Trinidad (CMC) – Trinidad Prime Minister Dr Keith Rowley says he will be referring a scam which had him announcing that he and several other Caribbean Community (Caricom) leaders had re...

News Jamaica Bank deposits: How much do commercial banks make in interest?

Published on: Saturday 21 May 2022
How much do commercial banks make in interest?
News source: https://www.jamaicaobserver.com/business/how-much-do-commercial-banks-make-in-interest/

Various commercial banks have all announced within the last two months that they will be increasing the interest rates on new and existing products, which will hit individuals and businesses i...

News Jamaica Bank deposits: Jamaica digital currency due for national roll-out in coming months - central bank

Published on: Monday 31 January 2022
Jamaica digital currency due for national roll-out in coming months - central bank
News source: https://www.msn.com/en-gb/finance/other/jamaica-digital-currency-due-for-national-roll-out-in-coming-months-central-bank/ar-AATkLeu

Jamaica will roll out its digital currency across the country in the first quarter of this year as part of an effort to lower transaction costs and provide financial services to citizens who do not ...

News Jamaica Bank deposits: Bank fees across Jamaica

Published on: Tuesday 01 February 2022
Bank fees across Jamaica
News source: https://www.jamaicaobserver.com/business-observer/bank-fees-across-jamaica_242865

Commercial banks are generally defined by the Bank of Jamaica (BOJ) as deposit-taking institutions which can offer chequing/current account services while merchant banks cannot offer accounts that are ...

News Jamaica Bank deposits: Scotiabank defends bank fees

Published on: Saturday 12 February 2022
Scotiabank defends bank fees
News source: https://www.jamaicaobserver.com/sunday-finance/scotiabank-defends-bank-fees_243742?profile=1056

While Jamaica has its unique challenges which largely surround ... We also have reserve requirements with the central bank where for every dollar of deposit that we take we have to place a percentage ...

News Jamaica Bank deposits: Geneva Financial Announces Core Sponsorship of Jamaican Olympic Ice Hockey Federation

Published on: Sunday 09 January 2022
Geneva Financial Announces Core Sponsorship of Jamaican Olympic Ice Hockey Federation
News source: https://finance.yahoo.com/news/geneva-financial-announces-core-sponsorship-100000259.html

Geneva Financial Home Loans (Geneva), a direct mortgage lender headquartered in Chandler, Arizona with more than 130 branch locations across 46 states, announces that the company will now be sponsoring the Jamaican Olympic Ice Hockey Federation, a team pioneering the sport of ice hockey in Jamaica. Founded in 2011 and accepted into the International Ice Hockey Federation (IIHF) in 2012 as an Associate Member, JOIHF has revolutionized the world's understanding of the sport and established a more

News Jamaica Bank deposits: Bank of Jamaica Announces Completion of CBDC Pilot

Published on: Sunday 02 January 2022
News source: https://www.financemagnates.com/cryptocurrency/news/bank-of-jamaica-announces-completion-of-cbdc-pilot/

Bank of Jamaica (BOJ) has taken a lead in the global CBDC ecosystem. Recently, the bank announced the successful completion of its CBDC pilot.

News Jamaica Bank deposits: Jamaica Completes CBDC Pilot, Expects Rollout Later This Year

Published on: Sunday 02 January 2022
News source: https://finance.yahoo.com/news/jamaica-completes-cbdc-pilot-expects-114503698.html

The BOJ completed the CBDC pilot on Dec. 31 and expects to roll out the CBDC in the first quarter of this year.

News Jamaica Bank deposits: Jamaica is rolling out its central bank digital currency after ‘successful pilot’

Published on: Monday 03 January 2022
News source: https://www.yahoo.com/entertainment/jamaica-rolling-central-bank-digital-071601253.html

Jamaica will roll out its own digital currency in the first quarter of 2022 after a “successful” pilot, the country’s central bank said on Friday. The pilot for the countrys ...