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Building Societies
| Name | Address |
|---|---|
| FirstCaribbean International Building Society | 23-27 Knutsford Boulevard Kingston 5 Tel: (876) 929-9310/6 Fax:(876) 929-7751 Website: www.firstcaribbeanbank.com |
| Jamaica National Building Society | 2-4 Constant Spring Road Kingston 10 Tel: (876) 926-1344/6 Fax: (876) 968-6596 Website: www.jnbs.com |
| The Scotia Jamaica Building Society | 95 Harbour Street Kingston Tel: (876) 922-3600/4 Fax: (876) 922-3254 Website: www.scotiabank.com.jm |
| Victoria Mutual Building Society | 73 Half-Way-Tree Road Kingston 10 Tel: (876) 926-4630 Fax: (876) 968-1762 Website: www.vmbs.com |
Financial System
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Financial System
- Payments System
- Supervision of Deposit Taking Institutions
- Supervision of Cambios
- Supervision of Remittance Services
- Supervision of Credit Bureaus
- Legislation
- Commercial Banks
- Merchant Banks
- Building Societies
- Supervisory Framework
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Monetary Policy
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Statistics
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Publications
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Announcements
Monetary Stability
setting interest rates to keep inflation low
Financial Stability
contributing to a stable financial system
Issuing Bank Notes
controlling our currency
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Bank
The Bank of Jamaica, established by the Bank of Jamaica Law (1960), began operations in May 1961, terminating the Currency Board System which had been in existence from 1939.
The Bank
General
Corporate Governance
- Financial System
Financial System
The Central Bank stands at the center of the local financial system and is charged with the responsibility to promote and maintain financial system stability. To achieve this objective, the Bank supervises the activities of deposit-taking entities. In addition, the Bank seeks to promote the development of the local financial markets, and regulates and supports the major clearing and settlement systems.
General
Payments System
Supervision of Deposit Taking Institutions
- Monetary Policy
Monetary Policy
Under the Bank of Jamaica Act (1960), the conduct of monetary policy is aimed at regulating the growth of money and credit in line with the resources expected to finance economic activity and generate employment, without undermining the conditions of price stability.
- Foreign Exchange
Foreign Exchange
The Foreign Exchange section provides current and historical information on the movements of major currencies in relation to the Jamaican dollar. The section also provides powerful search techniques for users to manipulate the data and generate customize reports.
- Currency
Currency
Under the Bank of Jamaica Act, the central bank has sole authority for the issue of notes and coins used in Jamaica..
- Statistics
Statistics
The Bank of Jamaica publishes in the daily newspaper each quarter, balance sheet data for commercial banks, building societies and licensees under the Financial Institutions Act . Such financial data is based on unaudited prudential returns submitted by the licensees to the Bank of Jamaica which are required to be certified by the licensee 's management as reflecting a true and fair representation of the affairs and condition of the institution at the reporting date.
Economic Data
- Announcements
Announcements
The Bank of Jamaica is committed to providing information on its activities on a timely and continuous basis. In this regard, this section is designed to provide access to all major releases compiled by the Bank of Jamaica.
Announcements
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Publications
The Bank of Jamaica publications are aimed at providing quality economic and financial analysis and information on Jamaica as well as timely updates on matters relating directly to the functions of the Bank.
Monthly
Annual
Research Papers
Discussion Papers
Pamphlets