ISRAEL RE-ELECTED PRESIDENT OF THE JBA

Ms. Minna Israel, President and Country Head of RBTT Bank Jamaica Ltd., was unanimously re-elected as the President of the Jamaica Bankers Association (JBA) at the JBA’s Annual General Meeting held on Wednesday, July 28, 2010. Also re-elected at that forum were Vice President & Treasurer, Mr. Philip Armstrong, Managing Director, PanCaribbeanBank Ltd. and Secretary, Mrs. Pamela Smith, General Manager, MF&G Trust and Finance Ltd.: More

JBA
General Requirements for children under the age of 18 to open accounts

Background
Allowing minors over 12 years to operate accounts in credit is supported by custom and banking practice.

Reference Book:
Practice of Banking 1 by J.E. Kelly (though dated) addresses the matter as
follows: More


Securities Dealers and Bankers Support Government's Debt Exchange Initiative

The Jamaica Securities Dealers Association (JSDA) and the Jamaica Bankers Association (JBA) support the Government of Jamaica on its recent decision to implement the Jamaica Debt Exchange (JDX) programme which was announced last night by Prime Minister The Hon. Bruce Golding. More»

Scholarship Awards Ceremony

Scholarship Awards Ceremony

The JBA/Rotary Club of St. Andrew North/Area 4 Police Civic Committee Educational Scholarship Fund Awards Ceremony was held at the Terra Nova All-Suite Hotel on Friday, October 16, 2009. This year eighty-six (86) students received scholarships. For the past four years scholarships have been awarded to students considered to be ‘at- risk’ based on their exposure to challenging situations.

Bankers Week 2009 - October 12-16, 2009

School Visits

During Bankers Week, staff members from different institutions visited various educational facilities (primary, preparatory, high schools) and participated in the general assembly exercise. The Bank representatives made a presentation on the importance of saving to the achievement of their goals. In addition, students were encouraged to stay focused on their school work irrespective of their career choice

Meeting with Stakeholders - Financial Literacy Initiative

The JBA hosted a breakfast meeting to discuss how financial literacy programmes could be included in the educational curricula. The list of invitees included the Governor of the Bank of Jamaica, the Minister of Finance, the Minister of Education, Permanent Secretary in the MOE, and President of the Jamaica Teachers Association.
For more details please review press release.

PRESIDENT'S REMARKS

Minna Israel elected president of the Jamaica Bankers Association

Ms. Minna Israel
President & Country Head, RBTT Bank Jamaica Limited
A career banker with over twenty eight years of experience, Minna Israel was appointed President & Country Head of RBTT Bank Jamaica Limited in January, 2008.More»

 

 CUSTOMER  CONFIDENTIALITY

Customer Confindentiality of Paramount Importance to Banks

Recent events involving the alleged exposure of confidential banking information has led to numerous discussions regarding the principle of bank/client confidentiality. Confidentiality is one of the fundamental principles upon which the banking industry has been built and is of paramount importance to Jamaican banks.

The members of the JBA firmly believe that its employees must at all times observe and comply with the provisions of the Banking Act dealing with the confidentiality of customer information. . More»