Intercommercial Bank Limited (IBL) continues to grow in a very competitive environment with a vision of becoming the most admired financial services institution in every country in which we operate.
In June 1998, IBL established its full service branch in Chaguanas to provide personalized service to a growing base of private and corporate clients in this fast-developing and vibrant community. Thereafter, in 2000, the Bank's retail operations were expanded to the vibrant commercial center of Marabella. The Trust and Merchant Bank, a wholly owned subsidiary of IBL was incorporated in 2001and presently located at our Port of Spain Branch. This “Waterfront Center” was launched in April 2009 offering our full range of Personal, Commercial, Corporate and Investment Banking Services under one roof.
The IBL Group became a product of the strategic alliance of Jamaica Money Market Brokers Limited (JMMB), Jamaica's leading brokerage house and three companies promoted by Steel Magnate Lakshmi N. Mittal.
Founded in 1992, JMMB has established itself as the leading brokerage house in the Caribbean. As at March 2008, the company has an asset base of JA$102 billion with 8 branches in Jamaica, serving over 120,000 clients in Jamaica and abroad..