Membership Requirements

Requirements

Membership in the Association is open to any commercial and merchant bank in Jamaica licensed under the Banking Act.

Categories

Associate Members

The Association may from time to time invite any Trust Company, Finance House or other banking institution to become associate members. Associate members shall have a voice but no vote in the Association’s affairs.

Honorary Members

The Association may from time to time admit to honorary membership individuals who are distinguished in banking, industry, commerce, agriculture or who have rendered distinguished public service in Jamaica. Honorary members shall have a voice but no vote in the Association’s affairs.

Rules

The Association may by resolution from time to time invite any commercial bank to become a member and such invitee shall signify his acceptance in writing to the Association and shall conform with the provisions of the Memorandum and Articles of Association.

The Association shall be politically non-partisan and no member shall be allowed at any meeting to call in question the conduct of any other member in the independent exercise of his political privileges.

All members acknowledge the right and authority of the Association to speak and act on their behalf on all national matters within the objects of the Association affecting the whole of Jamaica.

An associate member may express its own point of view on any issue after all reasonable efforts through its representative to achieve a common viewpoint have failed.

Each member of the Association is entitled to appoint one representative to the Executive Council and such representative shall exercise only one vote in he name of the member whom he represents.