Jamaica Interest Rates

Jamaica is located in North American geographic region, south of Cuba and east of Mexico. It has a population of 2.8 Million (Est 2010) and its economy ranks 112th in the world. It has a GDP PPP of 24.75 billion and GDP PPP per capita of 9,029 vs 48,387 (United States) according to the IMF in 2011. The Jamaican national currency is the Jamaican Dollar (JMD). Within Jamaica banks provide savings products such as savings accounts as well as fixed interest deposit product called a 'Certificate of Deposit' or 'Fixed Deposit'. According to the CIA.gov website its inflation was estimated to 7.7% in 2011 and12.6% in 2010.

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Jamaica Banks

Showing rates for 6 Bank deposit providers in Jamaica.
BankBranchFounded1 Year RateOwnership
National Commercial Bank Jamaica3619773.75%Local
Scotiabank Jamaica3518892.10%Foreign
FirstCaribbean International Bank Jamaica131920N/ALocal
RBC Royal Bank Jamaica13N/AForeign
First Global Bank71970N/AN/A
Citibank Jamaica21960N/AForeign