Government officials and business leaders gathered yesterday to celebrate the opening of the Bank of Montreal Jamaica Ltd., the island’s newest financial institution. The bank, which replaces the former Bank of London and Montreal branch, now operates from its Harbour Street head office with additional branches in Half Way Tree and New Kingston. A reception hosted by General Manager Williams Jones and his wife marked the official launch.

Published Tuesday, December 1, 1970

New bank opens here

A new Jamaican bank came into existence yesterday when the Bank of Montreal Jamaica Ltd. officially started doing business on the island.
This is the latest Jamaican bank to enter the local banking field. It replaces the former branch of the Bank of London and Montreal, which had been operating here for the past 15 years.
Mr. Williams Jones, who was the former general manager of BOLAM, continues as general manager of the Bank of Montreal Jamaica Ltd., with its head office on Harbour Street in downtown Kingston.
There is a branch of the bank at Half Way Tree in St. Andrew, and a new branch is being opened in the New Kingston area.
To mark the birth of the Bank of Montreal Jamaica Limited, a reception is being given by Mr. Jones and his wife at their home this evening, to which have been invited Government leaders and officials as well as representatives of the banking and business community.

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