Much has been said about our beginnings…”from a humble start in a church in the west“… and even more about where we are today…one of the Caribbean’s largest group of companies, with an international network spanning both sides of the Atlantic Ocean.
1962-2017 JN Group Milestones
- 1980Chief Office Established
- 2000JN Small Business Loans (JNSBL) began operating
- 2017Launch of The JN Group & JN Bank
JN Small Business Loans (JNSBL) began operating in October 2000, when JNBS purchased a small micro-credit portfolio from FINSAC. The company’s mission is to deliver innovative and accessible credit to small businesses which have limited access to loans from traditional banking institutions.
In 2001, the Jamaica Savings and Loans Building Society merged with JNBS, the Cayman Building Society was acquired, JN Money Transfer was incorporated, and in 2005, the JNBS Falmouth branch opened, which resulted in the Society being present in all parishes. That year, the Jamaica Automobile Association became a subsidiary of the JN Group and in 2007, JNBS acquired Pelican Finance Ltd., which changed its name to JN Finance Ltd. in 2008 and subsequently became a division of JN Bank in 2017, providing insurance premium financing.
JN Life Insurance Company Limited (JN Life), a wholly-owned subsidiary of JN Group, was incorporated in April 2008 as Blue Sapphire Ltd. The name was subsequently changed in September 2011 to JN Life Insurance Company Limited.