BOJ assures that banks are working to ensure ABMs are fully operational for the yuletide season

The Bank of Jamaica (BOJ) has again sought to assure citizens that the island’s banks are working to ensure that Automated Banking Machines (ABMs) are fully operational, as the yuletide season approaches.

Concerns have been raised about the availability of ABMs, with the opposition People’s National Party calling on the central bank to ensure that the banks are compliant with standards.

Speaking during today’s standing finance committee meeting, BOJ Deputy Governor Dr. Jide Lewis said as of September, there were 899 ABMs across the island in comparison to 871 for the corresponding period last year.

He said in terms of performance, 90% of those ABMs should be operational.

He noted however that improvement is needed in terms of up-time or how long ABMs are operational throughout the month, as this is currently below standard.

Mr. Lewis added that the issue is linked to operational concerns among other things, due to a change from old to newer ABM models.

Read More

Bartlett has high hopes for winter tourist season which gets underway on December 15

The Bank of Jamaica (BOJ) has again sought to assure citizens that the island’s banks are working to ensure that Automated Banking Machines (ABMs) are fully operational, as the yuletide season approaches.

Concerns have been raised about the availability of ABMs, with the opposition People’s National Party calling on the central bank to ensure that the banks are compliant with standards.

Speaking during today’s standing finance committee meeting, BOJ Deputy Governor Dr. Jide Lewis said as of September, there were 899 ABMs across the island in comparison to 871 for the corresponding period last year.

He said in terms of performance, 90% of those ABMs should be operational.

He noted however that improvement is needed in terms of up-time or how long ABMs are operational throughout the month, as this is currently below standard.

Mr. Lewis added that the issue is linked to operational concerns among other things, due to a change from old to newer ABM models.

Read More

JMDA to meet Ministries of Finance and Health following industrial action yesterday

The Bank of Jamaica (BOJ) has again sought to assure citizens that the island’s banks are working to ensure that Automated Banking Machines (ABMs) are fully operational, as the yuletide season approaches.

Concerns have been raised about the availability of ABMs, with the opposition People’s National Party calling on the central bank to ensure that the banks are compliant with standards.

Speaking during today’s standing finance committee meeting, BOJ Deputy Governor Dr. Jide Lewis said as of September, there were 899 ABMs across the island in comparison to 871 for the corresponding period last year.

He said in terms of performance, 90% of those ABMs should be operational.

He noted however that improvement is needed in terms of up-time or how long ABMs are operational throughout the month, as this is currently below standard.

Mr. Lewis added that the issue is linked to operational concerns among other things, due to a change from old to newer ABM models.

Read More

Opposition calling on BOJ to provide update on compliance of banks in the operation of AMBs

The Bank of Jamaica (BOJ) has again sought to assure citizens that the island’s banks are working to ensure that Automated Banking Machines (ABMs) are fully operational, as the yuletide season approaches.

Concerns have been raised about the availability of ABMs, with the opposition People’s National Party calling on the central bank to ensure that the banks are compliant with standards.

Speaking during today’s standing finance committee meeting, BOJ Deputy Governor Dr. Jide Lewis said as of September, there were 899 ABMs across the island in comparison to 871 for the corresponding period last year.

He said in terms of performance, 90% of those ABMs should be operational.

He noted however that improvement is needed in terms of up-time or how long ABMs are operational throughout the month, as this is currently below standard.

Mr. Lewis added that the issue is linked to operational concerns among other things, due to a change from old to newer ABM models.

Read More

Police urge citizens to exercise extreme caution and vigilance during Yuletide season

The Bank of Jamaica (BOJ) has again sought to assure citizens that the island’s banks are working to ensure that Automated Banking Machines (ABMs) are fully operational, as the yuletide season approaches.

Concerns have been raised about the availability of ABMs, with the opposition People’s National Party calling on the central bank to ensure that the banks are compliant with standards.

Speaking during today’s standing finance committee meeting, BOJ Deputy Governor Dr. Jide Lewis said as of September, there were 899 ABMs across the island in comparison to 871 for the corresponding period last year.

He said in terms of performance, 90% of those ABMs should be operational.

He noted however that improvement is needed in terms of up-time or how long ABMs are operational throughout the month, as this is currently below standard.

Mr. Lewis added that the issue is linked to operational concerns among other things, due to a change from old to newer ABM models.

Read More

Junior doctors expected to return to work as of 6:00 this evening

The Bank of Jamaica (BOJ) has again sought to assure citizens that the island’s banks are working to ensure that Automated Banking Machines (ABMs) are fully operational, as the yuletide season approaches.

Concerns have been raised about the availability of ABMs, with the opposition People’s National Party calling on the central bank to ensure that the banks are compliant with standards.

Speaking during today’s standing finance committee meeting, BOJ Deputy Governor Dr. Jide Lewis said as of September, there were 899 ABMs across the island in comparison to 871 for the corresponding period last year.

He said in terms of performance, 90% of those ABMs should be operational.

He noted however that improvement is needed in terms of up-time or how long ABMs are operational throughout the month, as this is currently below standard.

Mr. Lewis added that the issue is linked to operational concerns among other things, due to a change from old to newer ABM models.

Read More

Four gunmen detained and four firearms seized following shootout and hostage situation in Spalding Clarendon

The Bank of Jamaica (BOJ) has again sought to assure citizens that the island’s banks are working to ensure that Automated Banking Machines (ABMs) are fully operational, as the yuletide season approaches.

Concerns have been raised about the availability of ABMs, with the opposition People’s National Party calling on the central bank to ensure that the banks are compliant with standards.

Speaking during today’s standing finance committee meeting, BOJ Deputy Governor Dr. Jide Lewis said as of September, there were 899 ABMs across the island in comparison to 871 for the corresponding period last year.

He said in terms of performance, 90% of those ABMs should be operational.

He noted however that improvement is needed in terms of up-time or how long ABMs are operational throughout the month, as this is currently below standard.

Mr. Lewis added that the issue is linked to operational concerns among other things, due to a change from old to newer ABM models.

Read More

Full investigation launched into fatal shooting of a police officer during a gas station robbery on Friday night

The Bank of Jamaica (BOJ) has again sought to assure citizens that the island’s banks are working to ensure that Automated Banking Machines (ABMs) are fully operational, as the yuletide season approaches.

Concerns have been raised about the availability of ABMs, with the opposition People’s National Party calling on the central bank to ensure that the banks are compliant with standards.

Speaking during today’s standing finance committee meeting, BOJ Deputy Governor Dr. Jide Lewis said as of September, there were 899 ABMs across the island in comparison to 871 for the corresponding period last year.

He said in terms of performance, 90% of those ABMs should be operational.

He noted however that improvement is needed in terms of up-time or how long ABMs are operational throughout the month, as this is currently below standard.

Mr. Lewis added that the issue is linked to operational concerns among other things, due to a change from old to newer ABM models.

Read More

Tourism Ministry says progress continues to be made in negotiations related to compensation of hotel workers

The Bank of Jamaica (BOJ) has again sought to assure citizens that the island’s banks are working to ensure that Automated Banking Machines (ABMs) are fully operational, as the yuletide season approaches.

Concerns have been raised about the availability of ABMs, with the opposition People’s National Party calling on the central bank to ensure that the banks are compliant with standards.

Speaking during today’s standing finance committee meeting, BOJ Deputy Governor Dr. Jide Lewis said as of September, there were 899 ABMs across the island in comparison to 871 for the corresponding period last year.

He said in terms of performance, 90% of those ABMs should be operational.

He noted however that improvement is needed in terms of up-time or how long ABMs are operational throughout the month, as this is currently below standard.

Mr. Lewis added that the issue is linked to operational concerns among other things, due to a change from old to newer ABM models.

Read More

Supreme Court grants permission for PM Holness to go to the Judicial Review Court to get orders to quash IC report on his statutory declaration

The Bank of Jamaica (BOJ) has again sought to assure citizens that the island’s banks are working to ensure that Automated Banking Machines (ABMs) are fully operational, as the yuletide season approaches.

Concerns have been raised about the availability of ABMs, with the opposition People’s National Party calling on the central bank to ensure that the banks are compliant with standards.

Speaking during today’s standing finance committee meeting, BOJ Deputy Governor Dr. Jide Lewis said as of September, there were 899 ABMs across the island in comparison to 871 for the corresponding period last year.

He said in terms of performance, 90% of those ABMs should be operational.

He noted however that improvement is needed in terms of up-time or how long ABMs are operational throughout the month, as this is currently below standard.

Mr. Lewis added that the issue is linked to operational concerns among other things, due to a change from old to newer ABM models.

Read More