Union Bank of Jamaica

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Union Bank of Jamaica in Jamaica was the result of a merger in 2000 of the business of four FINSAC controlled commercial banks and their three allied merchant banks, all seven of which sought Government intervention when faced with insolvency. The seven banks are:

  • Citizens Bank
  • Island Victoria Bank
  • Eagle Commercial Bank
  • Citizens Merchant Bank
  • Workers Savings & Loan Bank
  • Corporate Merchant Bank and
  • Island Life Merchant Bank.

References

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