Today, history has been made as the UK's first-ever Caribbean-owned digital bank has launched in the UK. The Jamaican National Group (JN Group) has been operating in the Caribbean for over 145 years. In December 2019, the JN Group acquired its full banking license to operate in the UK by regulators, the first Caribbean bank to have this achievement.
There is a strong digital focus for the bank, offering a range of products such as savings accounts and personal loans. Although the bank is primarily online, they have their first branch which is located in the heart of Brixton. This branch is a place for consumers to be able to learn more about the products and services offered by the bank and be able to access their accounts. With a strong community drive, the branch opens up after hours for community groups to be able to host activities and workshops amongst each other. The bank also has a passion for financial literacy and hosts its own seminars to allow members of the community to come along and learn for free.
Going forward, the JN Bank also intends to offer bursaries and scholarships for members of the community looking to embark of further education. This aligns with their beliefs of being able to give back and help its community members.
Learn more about JN Bank UK here.