Capital & Credit Financial Group

CAPITAL & CREDIT – A Story of Growth and Success

The Capital & Credit Financial Group (CCFG) began business on January 24, 1994, as a result of the efforts and focus of a group of businessmen who desired to build an organization that would adhere to the foundations of financial success – Confidentiality, Professionalism, Safety and Personal Integrity.

The Capital & Credit Financial Group particularly through its flagship company, Capital & Credit Merchant Bank Ltd. a vibrant organization, has delivered superior financial services, guided by a knowledgeable and trusted team of professionals. CCFG is committed to, and guided by the words and spirit of its Mission Statement “With Vision, Professionalism and Integrity, to be the leader in providing superior value-added financial services of internationally competitive standards for the benefit of our customers, employees, shareholders and the wider community.”

Now in its thirteenth year, Capital & Credit continues to perform against those standards as a result of the sound management, strategic financial focus; exceptional growth in profitability; the trust and confidence of the investing public and the commitment and dedication of a dynamic and competent staff.

The flagship company, Capital & Credit Merchant Bank Limited is engaged primarily in the business of merchant and investment banking. When it began operations in 1994 it had an asset base of J$30 million, and was then the smallest of 30 merchant banks operating in Jamaica. CCMB has consistently registered improved results year after year, and is regarded by many as a benchmark for profitability and quality performance.

Licensed under the Financial Institutions Act (1992) by the Bank of Jamaica and under the Securities Act by the Financial Services Commission, CCMB is also an authorized Foreign Exchange Dealer. It is an approved lender by the Development Bank of Jamaica and the EXIM Bank, and is a member of the Jamaica Deposit Insurance Corporation.

CCMB offers a variety of innovative savings and investment products that are geared to offer value-added benefits to individuals and institutions. These include the Capital Advantage Platinum and Gold accounts; The Capital SuperSaver account; the Capital Investor Plus Savings Account, a variety of loans and leases for individuals and companies; foreign exchange trading and tax-free Savings “A” Accounts.

At the end of 2006, the financial results of Capital & Credit Merchant Bank Limited (CCMB), and its subsidiaries, Capital & Credit Securities Limited (CCSL) and Capital & Credit Fund Managers Limited (CCFM), reflected consolidated after-tax profits of J$771.88 million, and J$55.45 billion in Assets Under Management. The Bank's Shareholders' Equity has recorded spectacular growth from J$21.47 million at the start of operations in 1994, to J$5.46 Billion as at December 2006.

MILESTONES
Capital & Credit Merchant Bank has recorded a number of historical milestones. On May 26, 2003, CCMB became the first Jamaican merchant bank to be listed on the Jamaica Stock Exchange. However Capital & Credit’s vision is not limited to Jamaica and the distinction was duplicated on October 1, 2003, when, in readiness for becoming a regional player in the industry through strategic partnership and alliances, CCMB became the first Jamaican merchant bank and the third Jamaican company at the time, to be listed on the Trinidad & Tobago Stock Exchange.

Over the thirteen years since it began operation the Capital & Credit Financial Group (CCFG), has sought to expand its customer reach and base as part of its vision to be a provider of total financial solutions. Late 2003, the organization turned its sights to the western end of the island and opened a branch of the Bank in Montego Bay.

On May 28, 2004, Capital & Credit Fund Managers Ltd. (CCFM) was acquired by the Capital & Credit Financial Group Ltd. and Capital & Credit Merchant Bank Ltd. CCFM was formally launched on March 7, 2005. Its acquisition expands CCFG’s customer base significantly and adds a new dimension to the Group’s range of products and services by providing a wider investment base for its customers. CCFM’s three funds - The Income and Growth Fund; The Capital Growth Fund and The Gilt Edge Fund –are all excellent vehicles for building wealth.

CCMB’s wholly-owned subsidiary, Capital & Credit Securities Ltd., is a member of the Jamaica Stock Exchange, and offers a full range of investment options: Stockbroking Services, Portfolio Management, Pension Fund Management and a variety of Investment Accounts.

Capital & Credit Merchant Bank Ltd. maintains its passion for excellence through focused leadership, transparency and Performance with Integrity. To this end, the Bank employs research, market knowledge and astute management practices in the delivery of its wide array of financial services. The Bank has set out and achieved its major business goals in well-timed and precise succession and has earned the reputation of being one of the fastest growing and most profitable merchant banks in Jamaica.

Capital & Credit Remittance Limited, an associated company, focuses the provision of quick, reliable and safe money transfer services, through its own flagship brand, Money Express, as well as through franchise products from remittance partners in the United Kingdom, North America (including Canada) and the Caribbean.

In 2007 the Capital & Credit Financial Group established Capital & Credit International Inc., (CCII) an international brokerage firm in Florida, United States.

CCII is a wholly owned subsidiary of Capital & Credit Holdings Inc. (CCHI). CCHI is 20% owned by Capital & Credit Merchant Bank Limited (CCMB) a listed company on the Jamaica and Trinidad & Tobago Stock Exchanges.

CCII makes world class financial products and services available to you, to assist you in achieving your financial goals. Whether through our Cash Management suite of products, inclusive of checking accounts, debit cards, bill payments, our ability to trade fixed income, equities and other securities, and to provide access to Mutual Funds or Retirement Products, Mortgages to US citizens and residents, Capital & Credit International Inc. will satisfy your demands for total service delivery, integrity and fiduciary responsibility, through our office in Miami, our online Client Service platform, or one of our foreign associates.

CCII has a clearing arrangement with Pershing LLC, the largest clearing house in the U.S.A and a subsidiary of the Bank of New York. Through Pershing, we provide securities services for local (American) and foreign retail, high net-worth individual and institutional clients – discerning clients just like you. As a Broker/Dealer, CCII is registered with the Financial Industry Regulatory Authority (FINRA) and the Securities Exchange Commission (SEC) to offer the following products and services:

Retailing of OTC corporate equity securities

Transactions in listed securities by exchange members

Corporate debt securities sales

U.S. and offshore mutual funds

Brokerage services for U.S. Government and Agencies’ securities

Brokerage services for emerging market securities

CCII is here to serve you with the utmost integrity. Please click here to let us be your partner as you pursue your dreams for personal and institutional enrichment.

AWARDS
Despite its size when it began operation in 1994, the Capital & Credit Financial Group had a big dream – to be a significant player in Jamaica's economic landscape. The organization’s efforts have not gone unnoticed, as it has received recognition for its work and achievements over the years.

Some of the more outstanding awards include the Ernst & Young Caribbean Entrepreneur of the Year Award received by Capital & Credit Merchant Bank Ltd. in 2000; and in 2004, the Jamaica Employers’ Federation (JEF) Employer of Choice Award for medium-sized companies; the Private Sector Organization of Jamaica’s Job Creation Award in recognition of the Group’s contribution to the Jamaican economy through the creation of job opportunities; and an award presented by Bear Stearns for “10 years of excellence in the world of global banking and for setting a high standard within the Jamaican Community.” Bear Stearns is the seventh largest securities firm in terms of capital in the United States of America.

In April 2006, Chairman and Group President/CEO, Ryland T. Campbell was named Business Leader 2005 by the Jamaica Observer, for his steadfastness in guiding the Capital & Credit Financial Group along a consistently profitable path, despite difficulties faced by the Jamaican financial sector.

Growth, Performance and continued Success remain the primary goals of the Capital & Credit Financial Group, as the organization redefines itself and sets new standards for achieving its stated goals, while remaining Financially Focused.