Scotiabank Jamaica in mid-October 2009,
announced another reduction in interest rates – this time a sixty-two-and
–a-half basis-point cut in the base rate used for commercial credit.
The reduction scheduled to become effective
November one, 2009
brings Scotiabank’s base rate to 19.87 percent – the lowest in the commercial
banking sector.
Our Young Investors Stock Market Competition has ended for 2011 and the highlight of the year was of course, Dexter Smith's dominant display. Smith won each of the four quarters impressively with [ ... ]
Pan
Caribbean believes that even with the changed interest rate regime; the
impact of the Jamaica debt exchange; and the buffeting Jamaica has
taken from global recessionary trends, there [ ... ]
A confident Dexter Smith has taken a break, maintaining a cash-only portfolio worth over JA $1.2 million and a virtually unassailable lead in the final quarter of the Young Investors' Stock Market Co [ ... ]