JavaScript must be enabled in order for you to use this site in standard view. However, it seems JavaScript is either disabled or not supported by your browser. To use standard view, enable JavaScript by changing your browser options, then try again.
  • DAYS
  • MIN.
  • SEC

More Persons Funding College Through Savings

Jamaica's largest bank is also one of the top providers of education savings options, whose portfolio up to last year was valued at close to J$23 billion.

The figure represents a 19 per cent annual gain in National CommercialBank Jamaica's OMNI Educator savings pool, which may well serve as proxy for a market in which the anecdotal evidence points to increasing subscriptions for products that are used to fund both local and foreign tuition.

It's a market to which Jamaica's 40-plus credit unions have long pitched their savings products; that Scotiabank Jamaica has tapped into through ScotiaMINT - a portfolio that is valued at J$42 billion but extends beyond education savings; and First Global Bank serves through its 'Global Kids & Teens' accounts.


 Read more: