1 Bank of Nova Scotia
2 First Caribbean (CIBC)
3 First Global Financial
4 Magna Rewards Club
5 NCB
6 NCB Elink
7 RBTT
8 Texaco Valucard
Trading
List of Commercial Banks in Jamaica
Published by Gbaf News
Posted on April 19, 2013
1 min read· Last updated: November 6, 2018
Key Takeaways
- The list includes both current and defunct or non-bank entities operating in Jamaica’s financial landscape.
- Some entries like Magna Rewards Club and Texaco Valucard are not traditional commercial banks.
- The Bank of Jamaica supervises deposit-taking institutions including those listed.
- There are currently eight licensed commercial banks operating in Jamaica as of end‑2025.
References
Frequently Asked Questions
Are all listed entities actual commercial banks?
No. Some, such as Magna Rewards Club and Texaco Valucard, are loyalty or card services, not licensed commercial banks.
How many commercial banks are licensed in Jamaica?
At the end of 2025, there were eight supervised commercial banks operating in Jamaica.
Who regulates commercial banks in Jamaica?
The Bank of Jamaica supervises and regulates deposit‑taking institutions, including commercial banks, merchant banks, and building societies.
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