Jamaican-owned First Global Bank on September 1, 2010 reduced
its base lending rate by two percentage points to 18.75
percent. The new president of First Global bank
Maureen Hayden Cater described the move as a response to a reduction in market
rates and the bank’s commitment to provide its customers with affordable
solutions to meet their personal and financial goals while stimulating the
economy.
Many global analysts including those at the Paris-based Organization for Economic Co-operation and Development, OECD, opine that low levels of financial literacy contribute globally to various melt-downs in the financial sector.
During a week in which there were no fireworks, the University of Technology's Gizelle-Ann Bishop continued to lead the third quarter of our Young Investors Stock Market competition.
Many global analysts including those at the Paris-based Organization for Economic Co-operation and Development, OECD, opine that low levels of financial literacy contribute globally to various melt-d [ ... ]
Jamaica's Finance Minister Audley Shaw says the financial fallout triggered by the collapse of several Unregulated Financial Organizations or UFOs, provided compelling reasons for increased education [ ... ]
Maureen Hayden-Cater, a former Citi-banker with over two decades of experience in the financial sector, is the new President of First Global Bank succeeding Wayne Wray who separated from the bank las [ ... ]