Scotiabank unit launches US$16.7m SME fund
Scotiabank Jamaica has launched a J$1bn (US$16.7m) small- and medium-sized enterprise (SME) financing programme, focusing on export-related activities and job creation.
Scotiabank Jamaica has launched a J$1bn (US$16.7m) small- and medium-sized enterprise (SME) financing programme, focusing on export-related activities and job creation.
Jamaica's small business community is looking more to the financial services offered by local credit unions rather than those of commercial banks, according to Brenda Cuthbert, general manager at City of Kingston Cooperative Credit Union.