Corporate Profile

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 all 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 and Dealer in Jamaica.
The vision was to provide investment services to a wider cross section of Jamaican people.

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 (7) Electronic Transaction Machines island-wide to ensure convenient access to our more than 120,000 clients.

In line with our 2025 vision, the JMMB Group began its expansion to other Caribbean Markets. In 2005 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 opened called JMMB BDI America proving once again that the formula, Vision + Values + Expertise = Phenomenal Success.

BUILDING ON SUCCESS: FULFILLING OUR CLIENTS’ NEEDS

Our passion for our clients and genuine care has made us a leader in the realm of retail financial services. Now in keeping with our commitment to serve our clients as best we can, we have enhanced our services in Jamaica to offer expanded Corporate Solutions customized for business owners at critical stages of their business life cycle. We provide a team of dedicated professionals skilled in a variety of areas offering a holistic approach to support your growth and success. We’ve ‘walked the walk’, and know what it takes to build a successful business.

The main activities of the Company are:
  • Investments and Portfolio Management
  • Brokering and dealing in money market instruments, bonds and options
  • Trading foreign currencies
  • Managing funds primarily for clients
  • Providing financial advisory services
  • Corporate Finance
  • Commercial Loans
  • Trading in equity securities
  • Insurance (for individuals and companies)
JAMAICA MONEY MARKET BROKERS
  • Is the largest investment brokerage house in Jamaica and the Caribbean
  • Is the third largest financial institution in Jamaica
  • Is an authorised Cambio dealer which ensures ready access to the foreign exchange market
  • Offers investments in $J, $US, Pounds, Euro and $CAD
  • Provides a wide range of financial services designed to meet the varying needs of our clients
  • Has qualified experts in local and regional financial markets
  • Serves over 120,000 clients both locally and overseas
  • JMMB is listed on the Jamaica, Barbados and Trinidad and Tobago Stock Exchanges.
  • Has an asset base $JA102 billion, as at March 2008

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