Press Releases

2001

• FINSAC pumps $2.2 billion into LoJ  (April 4, 2001)
• FINSAC offers lifeline to debtors (April 16, 2001)
• LoJ sale completion expected next month (August 15, 2001)
• Union Bank sale delayed (February 21, 2001)
• FINSAC to begin winding down (January 21, 2001)
• Union Bank sold (March 14, 2001)
• Davies on FINSAC bonds (March 19, 2001)
• FINSAC bail-out to cost $13.4 billion (March 2, 2001)
• FINSAC bad debt portfolio questioned (March 21, 2001)
• Today is D-Day for FINSAC debtors (March 31, 2001)
• FINSAC bad debt extension unlikely (May 2, 2001)
• FINSAC still negotiating LoJ sale (September 26, 2001)

2000

• Lalor: FINSAC saved economy from collapse (February 18, 2000)

• Gov't to pay FINSAC interest in cash (August 11, 2000)

• New solvency standards for insurance companies (August 13, 2000)

• LoJ up for Sale (August 31, 2000)

• FINSAC bill nears $130B (August 25, 2000)

• FINSAC gets US$75M (December 2, 2000)

• IMF asks Govt. to name the debtors (February 3, 2000)

• Patrick Hylton fields questions on FINSAC (January 14, 2000)

• Chen-Young and FINSAC (July 27, 2000)

• Life of Ja near to FINSAC deal (June 28, 2000)

• NCB restructures (September 6, 2000)

• From debt to growth? Davies has talks with World Bank, IADB and CDB (June 26, 2000)

1999

• Non Disclosure of Debtors (8 July 1999)
• Response to the Gleaner's "A Debt to the Market". (23 June 1999)
• NCB still faced with bad debt, but bosses confident about the future (June 30, 1999)
• Davies in bid to clear up FINSAC debt (July 14, 1999)
• FINSAC and non-performing loans (July 14, 1999)
• Union Bank boss tells bankers - Change is going to come (July 21, 1999)
• FINSAC prevented financial ruin of many - Davies (July 26, 1999)
• DB&G gets Eagle Unit Trust (November 3, 1999)
• NCB post $405m net profit (December 3, 1999)
• A question of commitment (November 7, 1999)
• Davies defends FINSAC debt ( November 10, 1999)
• More assets for sale (December 8, 1999)
• How much money will FINSAC cost the nation? (December 10, 1999)
• $93B FINSAC paper trail (December 31, 1999)
• Davies defends FINSAC (August 18, 1999)
• Davies in bid to clear up FINSAC debt (July 14, 1999)
• FINSAC pumps $2.2b more into Union Bank (June 30, 1999)
• FINSAC sells CIBC stake (March 4, 1999)
• Guardian Holdings wins portfolios of FINSAC-controlled insurance companies (May 20, 1999)

1998

• Statement by Dr. The Hon. Omar Davies (17 December)
• Statement by Dr. The Hon. Omar Davies (25 September)
• FINSAC here to stay? (April 17, 1998)

1997

• Minister of Finance's Statement in the House of Representatives on FINSAC - Update (18 November)
• Macro-Economic and Financial System Review (29 May)
• Statement by Dr. The Hon. Omar Davies (16 April)
• Statement on the Financial Sector Adjustment Company (27 March)
• Statement by Dr. The Hon. Omar Davies (14 March)

Insurance

1999

• Appointment of the Judicial Manager (24 June)
• Lump Sum Policy Deadline Extended (13 May)
• 3,000 Policy Holders Sign Up for $2,287 Million (13 May)
• The Interest-Sensitive Policy Story (3 May)
• Large Investors Signing FINSAC Agreement (20 April)
• Monthly Interest For Pensioners (27 March)
• Policy Holders - The Time To Sign Is Now (24 March)
• Insurance Bids So Far So Good (12 March)
• Policy Holders - Please Sign Up (26 February)
• Insurance Sale Attracts 8 Bidders (20 February)
• Level Playing Field for all Bidders (12 February)

  Speeches         

1999

• Dr. Gladstone Bonnick - Storm in a Tea Cup (14 May)
• Patrick Hylton Address To The Jamaica British Businessmen
  Association (31 March)
• Address To LICA (26 March)
• Recent Developments In The FINSAC Programme & TheWay Forward (24 February)

1998

• Address To The Insurance Institute Of Jamaica (18 November)
• FINSAC, A Jamaican Think Tank (30 October)
• An Examination Of The Performance Of Directors In The
  Development Of The Financial Sector (6 June)

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