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Business

Banking fraud on the increase and getting sophisticated

ACCORDING to the Jamaica Bankers Association (JBA), local banks are detecting an increasing number of incidents where customers are contacted by persons from overseas who seek to retain the services of, or purchase goods from its customers.

Local financial experts sceptical of growth

JAMAICA'S improved economic growth prospects appear to be among the victims of the terrorist attacks in the United States, say leading economic observers. Finance Minister Dr. Omar Davies had given a three per cent growth estimate for this financial...

Forty applications for land line telephone licences
THE Office of Utilities Regulation (OUR) said it has already received more than 40 applications from local companies to compete against telecommunications carrier Cable & Wireless Jamaica (C&WJ) in its domestic and international...

CIBC turns in a creditable performance
CONSOLIDATED net income of the CIBC West Indies Holdings for the nine months ended July 31, 2001 totalled Bds$94.8 million, a 15.0 per cent increase over the Bds$82.5 million result posted over the similar period in 2000. Over the same period assets...

RBTT wins top bank award

THE Banker, one of the international financial and corporate world's most respected magazines, has awarded Royal Bank of Trinidad and Tobago (RBTT) its prestigious Bank of the Year Award for the region. The criteria for assessment are decided by the...













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