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  • 5 months ago
With four point five billion dollars in ASSETS in the country the Jamaica Money Market Brokers Limited opened its newest branch in Tobago on Thursday afternoon.

The opening took place at the Lowlands Mall. Elizabeth Williams has this report.
Transcript
00:00Trinidad, based on those financial numbers, would have contributed 27% of the group's total revenue.
00:08Three, two, one.
00:13CEO of JMMB Group Trinidad and Tobago, Sean Moses, as he brought remarks during the simple ceremony.
00:21Chief Secretary Farley-Akustin said the opening of the branch was timely in light of Tobago's budget to be read on Monday, June 23rd.
00:30I'm happy that this is happening just under a week away from when we have our Tobago budget being read.
00:40Just about a week and a half or so away from when the Secretary of Finance will also be launching for the first time.
00:48Well, next week, Tuesday, launching for the first time our loan guarantee program for businesses here in Tobago.
00:59So you are coming at a time when quite a lot is actually happening for the economic space that is Tobago.
01:05Mr. Agustin said the opening of JMMB Bank has come at a time when many businesses remain shot following the COVID-19 pandemic,
01:15with many still reeling from bad credit.
01:19We welcome the fact that you are willing to work with people who might come from a place with bad credit.
01:26Because not so long ago we were enduring an issue called COVID.
01:32And given that we have an economy that is so heavily reliant on tourism imports and the tertiary sector, service sector,
01:43it meant that very many people lost incomes during COVID.
01:48The bank opens officially from 9 a.m. on Monday.
01:51Elizabeth Williams, TV6 News.
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