VM Group secures third consecutive ‘Best Financial Advisory Team’ Award
For Immediate Release October 7, 2021 KINGSTON, Jamaica – The VM Group has, for the third consecutive year, been named the ‘Best Financial Advisory Team in the Caribbean’ by respected United Kingdom-based business publication, Capital Finance International (CFI.co). In its announcement of the 2021 award recently, CFI.co recognised VM for its extraordinary efforts to continue […]
VMIL, UWIDEF launch scholarship programme
For Immediate Release Thursday, October 7, 2021 KINGSTON, Jamaica – VM Investments Limited (VMIL), in collaboration with the VM Foundation, have partnered with the University of the West Indies Development and Endowment Fund (UWIDEF) to launch a scholarship programme for UWI students pursuing a degree in Business, Management, Data Analytics/Data Science and Economics. The scholarship, […]
VM Foundation supports UHWI field hospitals
For Immediate Release October 5, 2021 KINGSTON, Jamaica – VM Foundation, which contributed US$12,000 ($1.75 million) towards the completion of the new University Hospital of the West Indies (UHWI) field hospital, is commending the entity and private sector partners for the completion of the 40-bed facility to care for COVID-19 patients. The field hospital, equipped […]
VM Wealth Raises Billions For VMIL, Property Fund
KINGSTON, Jamaica – Victoria Mutual Wealth Management Limited (VMWM) is securing its position as a leader in capital markets, acting as lead broker and arranger to raise $2.5 billion for parent company, Victoria Mutual Investments Limited (VMIL) this month for the expansion of VMIL’s investment in small and medium-sized enterprises and other asset classes. This […]
Hundreds vaccinated at VM Group Vaccination Blitz
The Victoria Mutual Group (VM), in partnership with the Private Sector Vaccine Initiative (PSVI) and the Ministry of Health & Wellness, staged a successful Vaccination Blitz on Saturday September 4, which saw close to 500 persons being inoculated against the COVID-19 virus. The blitz, hosted at VM’s corporate office in Half-Way Tree, accommodated not just […]
VM F.E.T.E helping youth level up through access to financial education
The Victoria Mutual Group, through its VM F.E.T.E (Financial Education to Empower) programme, is equipping teens and young adults with critical money management principles to give them a solid financial foundation, through a series of engagement activities. The organisation’s latest Financial Education Seminar held at the Waltham Park New Testament Church of God, as part […]
VM Money Transfer Services Hands Over $2M In Month End Promotion
KINGSTON, Jamaica – Savanna-la-mar furniture maker, Randy Martin, was the lucky grand prize winner of $1 million in the VM Money Transfer Services (VMTS) Month End promotion, which also saw two second place winners walking away with $500,000 each. The VMTS Month End promotion ran from April 6 to June 25, and saw customers being automatically entered into […]
VM Wealth Property Portfolio Leading At Half-Year Mark
KINGSTON, Jamaica – Victoria Mutual Wealth Management is looking to reclaim its top spot at the end of the year, as the manager of the number one performing real estate unit trust portfolio in Jamaica, with the portfolio having recorded an impressive 5.8 per cent six-month growth rate as at June. The VM Wealth Classic […]
VMIL Signs $700M Loan Facility With Kingston Properties
Victoria Mutual Investments Limited (VMIL) has inked a $700 million deal with real estate investment company, Kingston Properties Limited, in the form of a 13-month bridge loan to complete the expansion of its property portfolio. Dwight Jackson, Assistant Vice President, Corporate Finance, Victoria Mutual Wealth Management Limited, said this financing solution aligns well with the […]
VMIL Receives Investment Grade Credit Ratings From CariCRIS
Victoria Mutual Investments Limited (VMIL) has been assigned an investment grade credit rating from rating agency, Caribbean Information and Credit Rating Services Limited (CariCRIS). The ratings were as follows: Regional Scale Ratings Local Currency : CariBBB- National Scale Ratings Local Currency : jmBBB+ Foreign Currency : jmBBB Additionally, the rating agency has assigned a stable outlook on the […]