JMB Reports Increase In Loans To Private Housing Developers
The Jamaica Mortgage Bank (JMB) has reported an increase in loans issued by the bank to private housing developers between 2011 and 2014. Director of Business Operations at Jamaica Mortgage Bank, Hecton Hemans, said the bank disbursed between $424 million and $699 million to finance projects between 2011 and 2014. “The funds were used to undertake the development of between...







