Jamaica : Financial Sector Assessment

Jamaica has experienced 30 years of low economic growth and high fiscal deficits, with a significant impact on the development of the financial sector. As part of the overall growth and competitiveness reform agenda, the authorities have embarked o...

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Bibliographic Details
Main Author:	World Bank
Format:	Report
Language:	English en_US
Published:	Washington, DC 2015
Subjects:	FINANCIAL SERVICES BORROWER FINANCIAL FRAUD ECONOMIC GROWTH WAREHOUSE DEPOSITS REPAYMENT CAPACITY PAYMENT SERVICE BENEFITS OF CREDIT FINANCING ALTERNATIVE SOURCES OF FINANCE INTEREST LIQUIDITY RISKS REMITTANCE WAREHOUSE RECEIPTS BANKING SERVICES ENTREPRENEURS CAPITAL ADEQUACY INFORMATION SHARING CAPACITY BUILDING LOAN FEE BORROWERS PAYMENTS BANKRUPTCY PAYMENTS INFRASTRUCTURE INFORMATION ASYMMETRIES MFIS SMALL FARMERS HOUSING LOANS INDEBTEDNESS HOUSING FINANCE FINANCIAL INSTITUTION INFORMAL ECONOMY HIGH INTEREST RATES COMMERCIAL BANK MORAL HAZARD PARTIAL CREDIT LOAN PRODUCTS FINANCES PHONE PENETRATION CREDIT RISKS CREDIT APPLICATIONS FINANCIAL INSTITUTIONS PAYMENT DEBT LIMITED PARTNERSHIPS WAREHOUSE RECEIPT DEPOSIT INSURANCE PUBLIC FINANCE CONSUMER FINANCE VENTURE CAPITAL ECONOMIC REFORMS FARMERS ENTERPRISES INVESTMENT OPPORTUNITIES ELECTRONIC PAYMENTS APPROVAL PROCESS PEOPLES PENSION FUNDS FINANCING COSTS CONSUMER CONFIDENCE BANKS UNIONS FORMAL FINANCIAL INSTITUTION RURAL FINANCE MOVABLE COLLATERAL BUSINESS FINANCE AFFORDABILITY CAPITAL LACK OF ACCESS ACCESS TO FINANCE PRIVATE LENDERS BANK FINANCIAL EDUCATION CREDIT INFORMATION LOAN PORTFOLIO CREDIT GUARANTEE SECURITIES FINANCIAL INFRASTRUCTURE CREDIT RISK PROFITABILITY GOVERNMENT POLICIES MICROFINANCE FINANCIAL SECTOR ASSESSMENT BANK LOAN EMPLOYER CREDIT GUARANTEES COMMERCIAL BANKS HOUSEHOLDS ELECTRONIC PAYMENT MORTGAGE LOANS FINANCIAL ASSETS EMPLOYEE FINANCIAL SUPPORT MORTGAGE PRODUCTS CREDIT REPORTS CONSUMER EDUCATION FEES REMITTANCES BANK SERVICE COOPERATIVE CREDIT LINES DEVELOPMENT BANK CREDIT REGISTRY MFI MICROFINANCE INSTITUTION CREDIT PRODUCTS LINE OF CREDIT DEPOSIT CAPITAL MARKETS RECEIPT PEOPLE CREDIT ENHANCEMENT FISCAL DEFICITS FINANCIAL LITERACY GUARANTEES DEVELOPMENT OF VENTURE CAPITAL STOCK MARKET RESERVE REQUIREMENTS BANK ACCOUNT MORTGAGE WELFARE MORTGAGE LENDING LENDING PORTFOLIO LIMITED ACCESS TO FINANCE SOURCES OF FINANCE SUBSIDY BUSINESS ASSOCIATIONS SAVING CREDITORS CREDITOR CREDIT BANK PROVISION OF CREDIT BANK COMPETITION CONSUMER FINANCES ELECTRONIC BANKING BANK LENDING PUBLIC CREDIT LACK OF CREDIT BUSINESS LOANS MORTGAGES SAVINGS CREDIT UNIONS CREDIT BUREAUS UNION PUBLIC FUNDS UNFAIR BUSINESS PRACTICES INTEREST RATES CASH PAYMENT LIMITED ACCESS RECEIPTS FINANCIAL PRODUCTS LENDERS MICRO-ENTREPRENEURS SOCIAL SECURITY LOANS WAREHOUSE RECEIPT FINANCING FINANCIAL SYSTEM SMALL BORROWERS REAL ESTATE FINANCE ADMINISTRATIVE COSTS GOVERNMENT SECURITIES COLLATERAL REQUIREMENTS MICRO-CREDIT EQUITY POINT OF SALE MONEY LENDING CREDIT FORMAL FINANCIAL SERVICES FINANCIAL INSTRUMENTS DOCUMENTATION REQUIREMENTS REPAYMENT ENTERPRISE MINIMUM BALANCES PROPERTY PAYMENT INFRASTRUCTURE CREDIT REPORTING MORTGAGE INSURANCE VOUCHERS FINANCIAL ACCESS BALANCE SHEET GUARANTEE SCHEME FINANCIAL SERVICE CREDIT UNION COOPERATIVE BANK ACCESS TO CREDIT SECURITY FINANCIAL DEVELOPMENT BANK LOANS FINANCIAL MARKET INVESTMENT COLLATERAL PAYMENT SERVICES BORROWINGS COOPERATION ECONOMIC ACTIVITIES INVESTMENTS AGRICULTURAL FINANCE RISK MANAGEMENT DEBIT CARD MERCHANT UNFAIR COMPETITION EXCHANGE RATE OUTREACH BANK BRANCHES MORTGAGE MARKET SMALL BUSINESSES GUARANTEE CONSUMER PROTECTION BUSINESS TRAINING
Online Access:	http://documents.worldbank.org/curated/en/2015/05/24458895/jamaica-financial-sector-assessment http://hdl.handle.net/10986/21870