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Business

Credit valued at $662m

THE HOLDING company, which controls Capital & Credit Merchant Bank, has been valued at around $662 million, as the National Insurance Fund is poised to buy a 27.2 per cent stake in the banking group. Negotiations are said to be at an "advanced...

Margins rise but loans fall
JUST 22 major financial institutions currently make up the financial landscape, less than half the 46 operating at the end of 1997. The presence of the Financial Sector Adjustment Company (FINSAC) is apparent in half of the ten largest institutions...

Life of Ja near to FINSAC deal
LIFE OF Jamaica (LoJ) president, Milverton Reynolds, yesterday confirmed that the insurer is close to finalising a deal with the Financial Sector Adjustment Company (FINSAC).

Am I being unfair?

Question: I need a copy of the valuation report for my car. I called the loss assessors who wrote the report. They told me that it would cost $500 to get a copy. I spent $3,000 for the report. This company has done valuations for me for three consecutive.














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