Richard Byles

Richard Byles

politician Jamaica

Richard Byles is the Governor of the Bank of Jamaica (BOJ), where he plays a crucial role in shaping the monetary policy and financial regulation of the country. With extensive experience in finance and banking, Byles has been instrumental in advancing the BOJ's objectives, particularly in the context of the evolving regulatory landscape. Recently, he was in the news discussing the introduction of a 'twin-peaks' regulatory model aimed at enhancing financial sector oversight, which is expected to improve market conduct and customer protection in Jamaica.

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Recent Mentions

Jamaica Jamaica: BOJ Governor Richard Byles appealed to lenders to give their clients a break by adjusting the terms on fixed loans issued when interest rates were elevated. 7

The Gleaner – major Jamaican newspaper, est. 1834: Lenders still inclined to increase, not cut, interest rates | Business

Jamaica Jamaica: Richard Byles is the Governor of the Bank of Jamaica who is urging commercial banks to reduce their lending rates. 7

The Gleaner – major Jamaican newspaper, est. 1834: Byles pleads with banks to be magnanimous on interest rates | Business

Jamaica Jamaica: Richard Byles is the Governor of the Bank of Jamaica who discussed the impact of US tariffs on prices in Jamaica. 7

The Gleaner – major Jamaican newspaper, est. 1834: BOJ anticipates minimal price disruptions from US tariffs | News

Jamaica Jamaica: Richard Byles is the governor of the Bank of Jamaica and is expected to respond to the emerging situation. 6

The Gleaner – major Jamaican newspaper, est. 1834: Editorial | Attack on remittance front | Commentary

Jamaica Jamaica: BOJ Governor Richard Byles further cautioned at his last press conference that potential economic policy changes among Jamaica’s main trading partners could have adverse implications for remittance and tourism inflows into the economy. 5

The Gleaner – major Jamaican newspaper, est. 1834: Remittances down for third year | Business

Jamaica Jamaica: Richard Byles views the current dip in economic output as transitory, amid signs of two consecutive quarters of decline. 7

The Gleaner – major Jamaican newspaper, est. 1834: BOJ looks beyond sign of recession to growth | Business

Jamaica Jamaica: BOJ governor Richard Byles told the committee about the draft legislation for the twin-peaks model. 7

The Gleaner – major Jamaican newspaper, est. 1834: JUTC bleeds; NWC, FSC also projecting red | Lead Stories