Tue | Jul 17, 2018

JMMB rebrands commercial bank in Trinidad

Published:Tuesday | May 3, 2016 | 6:15 PM

Financial conglomerate JMMB Group has renamed its Trinidad banking subsidiary to align with the identity of the group.

Intercommercial Bank Limited (IBL) officially became JMMB Bank on May 2.

JMMB first invested in IBL in 2004, when it bought half of the bank. It acquired the rest of the equity to take 100 per cent ownership in 2013.

JMMB Bank (T&T) Limited is headed by Managing Director and CEO Nigel Romano.

The bank’s suite of products remain the same, but it will also offer mutual funds, in its capacity as selling agents of affiliated company JMMB Investments (Trinidad and Tobago) Limited.