Jamaica Interest Rates

Jamaica Banks

BankBranchFounded1 Year RateOwnership
National Commercial Bank Jamaica3619774.00%Local
FirstCaribbean International Bank Jamaica131920N/ALocal
Citibank Jamaica21960N/AForeign
First Global Bank71970N/AN/A
RBC Royal Bank Jamaica13N/AForeign
Scotiabank Jamaica3518891.85%Foreign

Jamaica Deposits

BankBranchFoundedInterest RateChangeCurrencyLast Updated
National Commercial Bank Jamaica3619774.00% - JMDMay 2015
Scotiabank Jamaica3518891.85% - JMDMay 2015

Jamaica Loans Rates

BankBranchFoundedInterest RateChangeCurrencyLast Updated
National Commercial Bank Jamaica3619779.50% - JMDMay 2015

Economy

Compare Bank Interest Rates in Jamaica

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 and 12.6% in 2010.