JMMB

Since its inception, the JMMB Group has established itself as the leading brokerage house in the Caribbean. Known for its pioneering spirit, the Company has consistently introduced new products and services to investors and empowered its clients – individual, corporate and institutional.

The brainchild of the late Joan Duncan, JMMB Ltd. opened for business in November 1992 as the first Money Market broker in Jamaica. The vision was to provide great investment opportunities to Jamaicans of all walks of life so they could benefit from great returns on safe investments. As a Possibility Thinker, Joan Duncan created a company based on love that was committed to serving its clients, team members and shareholders.

Since then, the Company has become one of Jamaica’s largest, most successful financial institutions, with two subsidiaries in Jamaica – JMMB Securities Ltd. and JMMB Insurance Brokers Ltd. JMMB, inclusive of its subsidiaries, has over 300 team members, (8) branches and (9) Electronic Transaction Machines (ETMs), most offering dual currency options island-wide to ensure convenient access to our more than 135,000 clients.

REGIONAL FOOTPRINT

In line with our 2025 vision, the JMMB Group began its expansion to other Caribbean Markets in 1999, through a successful joint venture establishing Caribbean Money Market Brokers (CMMB) in Trinidad and Barbados. In 2005, as a means of deliberate business line diversification in the region, JMMB established a joint venture with
Intercommercial Bank Ltd., in Trinidad and Tobago. JMMB Dominicana opened its doors in 2006 and in October 2007 our newly formed company was officially called JMMB BDI America with a mandate to actively develop the Money Market in one of the largest Spanish-speaking Caribbean islands.

In continuously applying strategic decision-making to maximize on opportunities, in 2008 JMMB realized a significant return on investment from the sale of its minority equity holding in CMMB and exited Barbados. In 2009, our operations in the Dominican Republic successfully completed negotiations and are in the process of acquiring majority shareholding in a Savings and Loans bank to deliver a wider suite of products and services and deepen market share.

All this proves once again that the formula, Vision + Values + Expertise = Phenomenal Success. Indeed, these are the same values and core principles that ensure JMMB continues on a path of sustainable growth in profitability and consistent growth in our client base through our commitment to meeting their needs.

FULFILLING OUR CLIENTS’ NEEDS – THE MAIN ACTIVITIES OF OUR GROUP OF COMPANIES ARE:

• Investments: J$, US$, Pounds, Euro and CAD$
• Portfolio Management
• Cambio
• Commercial and Retail Loans
• Financial Advisory Services
• Corporate Finance
• Equities
• Pensions Management
• Insurance (for individuals and companies)

JMMB: MILESTONES OF SUCCESS

• The largest investment brokerage house in Jamaica and the Caribbean
• 3rd largest financial institution in Jamaica
• Provides a wide range of financial services designed to meet the varying needs of our clients
• Team of qualified experts in local and regional financial markets
• Serves over 142,000 clients both locally and regionally
• Listed on the Jamaica, Barbados and Trinidad and Tobago Stock Exchanges
• Asset base of over $J111 billion, as at March 31, 2009