Tuesday April 25, 2017
ABOUT US | BACKGROUND

MF&G TRUST & FINANCE was incorporated in 1969 as Solnar Limited with its activities geared to providing deposit-taking, lending and leasing facilities to clients of the law firm Myers Fletcher & Gordon.

In 1992 the shareholders decided to position the company as a full-fledged merchant bank to take advantage of an expanding financial services market. MF&G Trust & Finance became the new name, highlighting the strong and enviable ties with the law firm. This allowed the company to emerge as a separate entity with its own reputation in the financial marketplace. The Company’s assets, which were then less than J$200 million, have increased in the intervening period, confirming the wisdom of this decision and the increasing client confidence in the Company.

T&F—as the Company is affectionately known—was licensed to manage trusts and administer estates in 1993. T&F became an approved foreign exchange dealer in 1997 and has since garnered significant foreign currency deposits, loans and leases. In 2003, the strategic focus of the Company was modified to take advantage of the new banking regulations; as such the advisory, trading and portfolio management services of the bank were divested to a new sister Company in June 2003.

The company is subject to detailed monitoring and operational audits by the Bank of Jamaica, and must conform with the various requirements of the Financial Institutions Act and Regulations there under. The company’s operations are also regulated by the Deposit Insurance Act and all other regulations governing the operations of local financial institutions.

T&F has the unique advantage of having the partners in the law firm of Myers Fletcher & Gordon as shareholders. This provides a resource pool of legal and business expertise which has enabled T&F to offer innovative and secure products and services, tailored to the specific needs of each customer.

OUR AIM

MF&G Trust & Finance Limited has earned a reputation for the highly personalized service that it offers to its clients. Our aim is to serve our clients well and to make them proud to be associated with us. We believe that in doing so we will also do well.

OUR APPROACH: MEETING YOUR UNIQUE REQUIREMENTS