JMMB Acquisition IBL Group Ltd

 Jamaica Money Market Brokers Limited (JMMB) has advised of its intention to acquire 100% of the shareholdings in Intercommercial Banking Group Limited (IBL Group). JMMB currently owns 50% of the shares of IBL Group which comprises Intercommercial Bank Limited and Intercommercial Trust and Merchant Bank Limited. The IBL Group is based in Trinidad and Tobago.