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Financial News

Feb 2024 Financial News

JMMB Group Limited - Reorganisation Trinidad and Tobago Entities

Feb 22, 2024

JMMB Group Limited advises that its Trinidad and Tobago financial entities (including JMMB Bank (T&T) Limited) are now indirectly controlled by JMMB Financial Holdings Limited which is the financial holding company of the JMMB Group licenced by the Bank of Jamaica as required under the Banking Services Act (2014).

The Trinidad and Tobago financial entities are now controlled by Jamaica Money Market Brokers (Trinidad and Tobago) Limited which is in turn controlled by JMMB Financial Holdings Limited which is in turn controlled by the ultimate parent JMMB Group Limited. 

This change does not impact the services provided by the subsidiaries in Trinidad and Tobago. 

The change was effected via an amalgamation which was effective as of 31 January 2024, and confirmation of the effective date was received from the Trinidad and Tobago Companies Registry on 16 February 2024.


Source:
The Trinidad and Tobago Stock Exchange Limited
Thursday 22nd February, 2024