CariCRIS reaffirms VM Financial Group’s investment-grade ratings

KINGSTON, Jamaica — Caribbean Information and Credit Rating Services Limited (CariCRIS) has reaffirmed VM Financial Group Limited’s (VMFG) investment-grade credit ratings, maintaining a stable outlook for the financial services group.

The ratings, first assigned in September 2025, remain at CariBBB+ for local currency and CariBBB for foreign currency on the regional scale. On the Jamaica national scale, VMFG retained ratings of jmA for local currency and jmA- for foreign currency.

In its latest assessment, CariCRIS pointed to VMFG’s established market position, sustained profitability, diversified revenue streams and good asset quality as factors supporting the ratings.