JMMB declares position with CLICO
Published:Friday | January 30, 2009 | 5:37 PM
The investment bank Jamaica Money Market Brokers (JMMB) said its shareholdings in CMMB, which was sold to CL Financial Group in September 2008, have been paid for in full.
The bank also said it has no investments with any member of the CL Financial Group.
It said subsidiaries of CL Financial are minority shareholders of JMMB.
Therefore, it has no impact on the bank.