Commercial Banks are financial institutions that offer you loans, the ability to make deposits and grants many other financial services. We believe you should always invest in the most suitable Bank for you that's why we created this list of 15 Established Commercial Banks located in Kingston, St Andrew, St Catherine and more across Jamaica. Need help finding the right Bank for you? Ask us and we will find the best one for you.
☏ 876-922-0750 ⚐ Nethersole Place, Kingston, Jamaica
The Bank of Jamaica, established by the Bank of Jamaica Law (1960), began operations in May 1961, terminating the Currency Board System which had been in existence from 1939. The establishment of the Central Bank was in recognition of the need for an appropriately regulated financial structure to encourage the development process, particularly as Jamaica was about to embark on the road to political independence.
The main objectives of the Central Bank were defined by the Bank of Jamaica Act to be:
To issue and redeem notes and coins.
☏ 876-929-9310 ⚐ 23 Knutsford Boulevard Kingston 5 Jamaica
CIBC FirstCaribbean is a relationship bank offering a full range of market leading financial services through our Corporate and Investment Banking, Retail and Business Banking and Wealth Management segments.
Our banking services fit our customers' lives. We have approximately 2,700 staff, 58 full-service branches, seven International Banking & Private Wealth Management offices, 11 Platinum offices and six Loan and Mortgage Centres in 17 regional markets.
We are one of the largest regionally listed financial service institutions in the English and Dutch speaking Caribbean, with over $11 billion (US) in assets and market capitalisation of $2 billion (US). We also have an office in Hong Kong.
☏ 876-926-3270 ⚐ 19 Hillcrest Avenue, Kingston 16, Jamaica
Citibank, which was formally known as the First National City Bank of New York, first opened its doors for business in Jamaica in September 1960. It began operations as a commercial bank with eight branches across the island. The bank subsequently consolidated its activities to a single branch in 1980 to focus on a special banking concept called Corporate Banking. This new focus was fully established in 1981 and Citibank became the first corporate bank in Jamaica focussing on a select, target market of corporate clients.
☏ 876-929-4000 ⚐ 11A-15 Oxford Road Kingston 5 St. Andrew
The Development Bank of Jamaica (DBJ) is a wholly-owned government institution that provides opportunities to all Jamaicans to improve their quality of life through development financing, capacity building, public-private partnership, and privatisation solutions in keeping with government policy.
In April 2000, a merger of two national development entities, the Agricultural Credit Bank Limited and the National Development Bank, resulted in the establishment of the DBJ. Later in 2006, the National Investment Bank of Jamaica Limited was further amalgamated into the DBJ.
At the DBJ, we provide funding and technical assistance to large projects. We have also expanded and improved our support to include micro, small and medium-sized enterprises (MSME). MSMEs are widely recognised as the engine of economic growth and development, especially in small economies.
☏ 876-906-3010 ⚐ 39 Barbados Avenue Kingston 5 St. Andrew
Established in August 2001 with the Financial Services Commission Act, the Financial Services Commission (FSC) replaced the Office of the Superintendent of Insurance (OSI) and Unit Trusts and the Securities Commission.
As a self-financing regulatory body, we assume wide-ranging authority to supervise, investigate and sanction entities falling under our jurisdiction. Initially, our supervisory practices initially placed significant weight on prudential supervision. We focused on solvency, the quality of internal controls, risk management and corporate governance within regulated institutions.
Over time, we absorbed the functions of the Office of the Superintendent of Insurance, the Office of the Superintendent of Unit Trusts and the Securities Commission. Our charge is to supervise our licensees under the FSC, Insurance, Securities and Unit Trusts Acts. We also regulate private pension schemes through the Pensions (Superannuation Funds and Retirements Schemes) Act of 2004 (The Pensions Act).
☏ 876-929-3383 ⚐ 28 Barbados Avenue Kingston 5 St. Andrew
Set your children on the path to financial discipline and freedom with an FGB Global Kids & Teens Savings Account.
This goal-based account teaches children under 18 years old how to save towards anything they want – from a simple gadget to a university degree!
FGB's Global Kids & Teens Savings Account is our way of letting your children know that achieving dreams isn't so farfetched when they save.
☏ 888 225-5342 ⚐ 25A King Street Linstead St. Catherine
First Global MoneyLink (FGML) is here to make banking convenient. We are a mini-branch experience by the First Global Bank (FGB), a subsidiary of Grace Kennedy Limited. Through our retail outlets, FGML provides access to financial services for populations that are unbanked and underbanked. Our mini-branches allow customers to open accounts, make withdrawals, deposits, loan and credit card payments, and account enquiries, without having to enter any of the main banking outlets. First Global MoneyLink makes banking more convenient through longer operational hours, giving more people access to services daily, including on the weekend. With eight branches, five mini-branches and eleven banking agents, First Global Bank remains a comprehensive provider of first-rate commercial banking products and services in Jamaica.
☏ 876-998-5662 ⚐ 6 Haughton Terrace, Kingston 10, Jamaica
Since our inception in 1992, Jamaica Money Market Brokers Ltd (JMMB) has become one of Jamaica's largest and most successful financial institutions. We are an integrated financial services provider committed to providing genuine, caring relationships, as we proactively deliver personalised financial plans. JMMB offers a wide range of financial solutions, that will cater to all your banking needs. From home and car loans to fixed deposits, securities, stocks and bonds, cash management, pension, money transfers, and more, JMMB has a financial solution for you. We offer competitive rates on interest and loans. We will tailor our products to meet your financial needs and goals. Currently, we partner with 283,000 clients and their families, and we also want to be your financial life goals partner, holding your hand and coaching you along the journey towards your goals.
☏ 876-926-1344 ⚐ 75 Knutsford Boulevard Kingston 5 St. Andrew
Jamaica National is ranked among Jamaica’s largest financial institutions. We offer a blend of financial services and mortgage plans to customers locally, regionally and internationally.
Established on a legacy of promoting confidence and financial inclusion of Jamaicans for more than 140 years, JN Bank is dedicated to our members’ financial growth and success.
We will go where no one has gone before to facilitate extraordinary life experiences, create wealth and sustain long-term value.
☏ 876-968-9872 ⚐ 9 Molynes Road, Kingston 10, Jamaica
Magna is a card-based loyalty programme that will allow your business to increase sales and profits by providing existing customers with rewards for doing business with you.
The scheme will attract new clients and will help you better understand your customers' needs by tracking the purchasing habits of your loyal customers.
Magna cards are issued to customers at no cost.
☏ 876-929-4622 ⚐ Corner of South & West Street Old Harbour St. Catherine
National Commercial Bank (NCB) is the largest financial group in Jamaica. We are focused on maintaining a profitable organisation that provides highly competitive and innovative products and service offerings for our customers.
Our aim is to maintain a solid governance structure and robust compliance framework, while utilising flexible business models and efficient operational processes and systems.
NCB Jamaica Limited provides an array of products and services to meet the banking needs of our valued customers. Our offerings include deposit accounts, unsecured and secured loans, credit cards, overdraft lines, foreign exchange, and personal and private banking services.
☏ 876-962-5360 ⚐ Main Street Christiana Manchester
National PC Bank Of Jamaica Ltd was established in Jamaica beginning in 1905 as cooperative savings and loans institutions and is the premier Community Bank for rural agricultural development in Jamaica. National PC Bank Of Jamaica Ltd provides a range of services to its members/clients such as Savings Instruments, Loan Facilities to the Micro, Small and Medium-Scale Enterprises, Legal Services and Bill Payment Services.
It's time to secure your future with a savings account from National PC Bank Of Jamaica Ltd. Start saving money towards your goals. The sooner you start, the better it turns out to be! Whether you want a starter account, partner plan or fixed investment, we offer you the best interest rate. Have free money growing for you!
☏ 876-946-9490 ⚐ 85 Hope Road Kingston 6 Jamaica
Sagicor Group Jamaica is a majority-owned subsidiary of the Sagicor Financial Corporation (SFC).
We are a full-service financial institution offering a wide range of products and services. Our financial solutions are designed to meet short and long-term life and health insurance, annuities, pensions, real estate, banking, and investment needs.
The Sagicor Bank is the retail, business, and corporate banking arm of Sagicor Group Jamaica. We are the third-largest commercial bank in Jamaica. Our vision is to be a great company committed to improving the lives of people in the community we serve. We endeavour to provide quality products and services to our customers while delivering strong returns on our shareholders' investments. We have a wide range of credit and deposit facilities, and we are ready to help you realise your immediate and future goals.
☏ 876-936-7190 ⚐ 28-48 Barbados Avenue, Kingston 5, Jamaica
Sagicor Property Services offers a wide range of choices for sale and rental, whether it's an apartment, house, land, or business. As a result, we have earned a very trustworthy name throughout the industry and have become the number one property management company in Jamaica.
Our professional team of realtors guides our clients in preparing properties for sale or rent, property pricing, and negotiations. We do all this while maximising our clients' exposure to get the best price and terms available.
Additionally, we have a network of over 900,000 clients and offer various tools and services to both buyers and sellers. Also, we currently manage over 1.45 million square feet of commercial and residential properties island-wide. Our strength lies in the wholesale management of our clients' property needs.
☏ 888-472-6842 ⚐ 18 Bravo street St Ann’s Bay St. Ann
The Bank of Nova Scotia was established in Jamaica in 1889 and has enjoyed a history of changes and transformations from colonialism to independence.
What began with a small banking office in Kingston is today, a sophisticated island-wide network of 35 branches. With a staff of over 2,000 in Jamaica, Scotiabank provides state-of-the-art retail and commercial banking services to the Jamaican public.
Over the past 130 plus years, we have established our reputation as a strong, stable, and reliable participant in Jamaica's continuing growth and development.
